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Verano (VRNOF) Expected to Open 34th Medical Cannabis Dispensary in Florida

Thursday, June 03, 2021 10:56 AM | Michael Hayne
Verano (VRNOF) Expected to Open 34th Medical Cannabis Dispensary in Florida

What's Going On With Verano?

Verano (VRNOF) announced plans to open its 34th MÜV Dispensary in Orlando, Florida. If approved, it's scheduled to open June 4, 2021 at 10:00am. Shares of the company were trading lower -2.82% to $18.63 a share on Thursday.

What Does This Mean For Verano?

Located adjacent to Orlando Studios theme park and situated in a popular shopping center, Florida patients visiting the area will now have convenient access to medical cannabis.

"Orlando gets 65 million visitors every year and we’re confident this location will be popular with both tourists and residents, who are Florida medical cannabis patients. With our dispensary at the corner of Vineland and International Drive, the visibility and accessibility are exceptional,” said John Tipton, President of Verano. Adding , “we’re confident our wide range of award-winning products and attentive patient care will be a welcome addition to this community.”

The newest dispensary will offer a wide range of products, including MÜV Wana Soft Chew edibles, chocolates and lozenges, flower, pre-rolls, a wide range of vaporizer pens, metered-dose inhalers, and topicals and oral sprays.

Verano Holdings Corp. operates as a vertically-integrated multi-state cannabis operator in the United States. The company produces and sells a suite of cannabis products under the portfolio of consumer brands, including Encore, Avexia, and Verano. It designs, builds, and operates dispensaries under the Zen Leaf and MÃ?V retail brands that delivers a cannabis shopping experience in medical and adult-use markets.

Overall Score - 4

VRNOF has an Overall Score of 4. Find out what this means to you and get the rest of the rankings on VRNOF!

Verano Holdings Corp is a vertically-integrated multi-state cannabis operator in the United States. The company operates licensed cannabis cultivation, processing, and retail facilities. It produces a full suite of premium, artisanal cannabis products sold under a trusted portfolio of consumer brands: Encore, MUV, Avexia, and Verano.

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