Verano Holdings Corporation (OTCQX:VRNOF) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Julianna Paterra - VP, Investor Relations George Archos - Founder, Chairman & CEO Brett Summerer - CFO Darren Weiss - President Conference Call Participants Aaron Grey - Alliance Global Partners Russell Stanley - Beacon Securities Nick Anderson - ROTH MKM Frederico Gomes - ATB Capital Markets Matt Bottomley - Canaccord Genuity Andrew Semple - Ventum Capital Markets Operator Hello, everyone, and welcome to Verano Holdings Corp. Third Quarter 2024 Earnings Conference Call. Please note that this call is being recorded.
Verano Holdings Corp. (VRNOF) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.03 per share a year ago.
Verano Holdings Corp. (VRNOF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Verano is set to open a new Zen Leaf Arcadia in Phoenix, AZ, today. Zen Leaf Arcadia is located at 2710 E Indian School Road, Phoenix.
I upgrade Verano stock to buy due to a beaten-up yet solid chart, despite a weaker-than-expected Q2 and a challenging outlook. Verano's valuation is highly attractive compared to peers, with a potential 87.5% gain by year-end if 280E taxation is eliminated. Q2 showed mixed results, with slight revenue growth but declining retail sales and operating income, and a concerning current ratio.
This deal helps VRNOF foray into the Virginia market ahead of the Adult Use Program launch and will deepen the company's footprint in Arizona cannabis market.
In a recent series of equity research reports, Pablo Zuanic of Zuanic & Associates provided a detailed analysis of the Q2 2024 performance for three major players in the cannabis industry: Verano Holdings VRNOF, Green Thumb Industries GTBIF and MariMed Inc. MRMD.
Verano Holdings Corp. (OTCQX:VRNOF) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Julianna Paterra - VP, IR George Archos - Founder and CEO Brett Summerer - CFO Conference Call Participants Aaron Grey - Alliance Global Partners Matt Bottomley - Canaccord Genuity Scott Fortune - ROTH Capital Partners Russell Stanley - Beacon Securities Ty Collin - Eight Capital Andrew Semple - Echelon Capital Markets Mike Regan - Excelsior Equities Pablo Zuanic - Zuanic & Associates Operator Thank you for standing by. My name is Krista and I will be your conference operator today.
Verano Holdings Corp. (VRNOF) came out with a quarterly loss of $0.05 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.04 per share a year ago.
Verano Holdings Corp. (VRNOF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In 2024, the cannabis sector has undergone substantial growth. This has made it a pivotal year for marijuana stocks and investors alike. As legalization efforts continue to gain momentum globally, the industry has seen an influx of capital. As well as innovation, driving expansion across various segments. Marijuana stocks have been quite dynamic, showing the volatility and potential for significant gains in the stock market. Cannabis companies involved in cultivation, distribution, and ancillary services have garnered considerable attention from investors.