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Benzinga
Benzinga
Business
Nina Zdinjak

Verano Q2 Revenue Up 12% YoY, Achieves Many Milestones

Verano Holdings Corp. (CSE:VRNO) (OTCQX:VRNOF) a multi-state cannabis operator, reported Tuesday its second-quarter preliminary earnings results, revealing revenue of $224 million, which is up by 12% from the same period in 2021.

The report comes on the heels of the Chicago-based cannabis company’s launch of Savvy, a new brand featuring larger-format cannabis products, catering to more value-oriented patients and consumers. Savvy will be available in MÜV and Zen Leaf dispensaries beginning September 2022 followed by additional third-party retail locations across six core markets - Arizona, Illinois, Massachusetts, Maryland, Nevada and Ohio - with additional launches planned in the future for New Jersey and Pennsylvania.

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