Verano Holdings Corp. Form 8-K Filing

Verano Holdings Corp. announced its financial results for the first quarter ended March 31, 2026, reporting $208 million in revenue, a 1% increase from the previous quarter. The company also announced its Board of Directors authorized a share repurchase program of up to $20 million in common stock, set to occur over a 12-month period ending April 30, 2027. This initiative is intended to enhance shareholder value and provide capital flexibility for growth opportunities. The company has also secured a new $195 million credit facility and expanded its retail presence in Florida. Verano reported a net loss of $18 million for the quarter, with Adjusted EBITDA at $49 million.