Verano Holdings (CSE) (VRNO) is a mso cannabis company trading on the CSE. The stock is currently priced at $27.40 with a market capitalization of $4.43B and trailing twelve-month revenue of $661.8M. The company reports a gross margin of 48.1%.
Market Cap
$4.43B
Volume
28.5M
Prev Close
$26.23
52W High
$43.82
52W Low
$23.96
P/S Ratio
1.00
Shares Out
161.5M
Revenue
$661.8M
Gross Margin
48.1%
Cash
$36.1M
VRNO Price Chart
Trading Data
Trading Data
Valuation Metrics
Valuation Metrics
Financial Highlights
View Full FinancialsFinancial Highlights
Quarterly Revenue
Last 8 Quarters (Estimated)
TTM: $661.8M
VRNO Key Takeaways
- Verano Holdings (CSE) (VRNO) trades at $27.40 with a market cap of $4.43B, ranking #0 among 94 cannabis stocks.
- Trailing twelve-month revenue is $661.8M, growing +29.10% year-over-year.
- Gross margin stands at 48.1% — strong margin profile for a cannabis company.
- Balance sheet shows $36.1M cash against $449.9M debt — net debt position.
- Price-to-Sales ratio of 1.00x — below sector median, potentially undervalued.
VRNO Stock Analysis
Verano Holdings (CSE) (VRNO) is a mso cannabis company listed on the CSE exchange, headquartered in Canada. With a current share price of $27.40 and a market capitalization of $4.43B, VRNO ranks #0 out of 94 publicly traded cannabis stocks tracked on Cannabismarketcap.
From a fundamental perspective, Verano Holdings (CSE) reports trailing twelve-month revenue of $661.8M, representing growth of +29.10% year-over-year. The company maintains a gross margin of 48.1%, which places it among the stronger operators in the cannabis space. At a price-to-sales multiple of 1.00x, the stock appears attractively valued relative to its revenue base.
The company's balance sheet shows $36.1M in cash and equivalents against $449.9M in total debt, leaving net debt of $413.9M. At the current burn rate, estimated cash runway is approximately 33 months. Investors looking for a deeper dive can explore VRNO's full financial statements including quarterly breakdowns and balance sheet history.
VRNO currently trades within a 52-week range of $23.96 to $43.82. Average daily trading volume stands at 28.5M shares. The company employs approximately 3,269 people. Share dilution is running at 2.2% annually, which investors should factor into their analysis.
Corporate Information
Share Structure
Share Structure
VRNO Latest News
Latest News
No recent news available for VRNO
VRNO Price History
Price History
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Investment Snapshot
Investment Snapshot
Programmatic analysis based on available financial data. Not investment advice.
Ranked #0 of 94 by market cap ($4.43B). Sector median: $32.3M.
Net cash position: -$413.9M ($36.1M cash, $449.9M debt). Gross margin at 4810.0%.
Revenue growth at +29.1% YoY. Sector median: +0.0%.
P/S ratio of 1.00x vs sector median of 1.35x. Potentially undervalued.
Cannabis Industry Context
Cannabis Industry Overview
The United States cannabis market is shaped by a patchwork of state-level legalization frameworks, creating a unique operating environment for multi-state operators (MSOs). Because cannabis remains a Schedule I substance under the federal Controlled Substances Act, MSOs face the punitive Section 280E of the Internal Revenue Code, which disallows standard business deductions and dramatically inflates effective tax rates. Despite these headwinds, MSOs have built vertically integrated operations spanning cultivation, manufacturing, and retail across dozens of limited-license states. The potential passage of the SAFE Banking Act — which would allow federally regulated banks to service state-legal cannabis businesses — remains one of the most closely watched catalysts in the sector. Until banking reform is enacted, MSOs rely on alternative lending, sale-leaseback arrangements, and private credit facilities that carry significantly higher costs of capital than those available to companies in federally legal industries. Market participants also monitor progress toward federal rescheduling or descheduling, which could unlock institutional investment, enable national exchange listings, and level the competitive playing field with Canadian licensed producers that already trade on major exchanges.
Verano Holdings (CSE) in the Multi-State Operator (MSO) Landscape
Verano Holdings (CSE) (VRNO) currently ranks #1 out of 30 publicly traded multi-state operator (mso) companies by market capitalization, with a market cap of $4.43B. The company reports trailing-twelve-month revenue of $661.8M, placing it above the sector median of $661.8M. The multi-state operator (mso) sector comprises 30 tracked companies, reflecting the broad competitive landscape within this segment of the cannabis industry.
The top companies in the multi-state operator (mso) sector by market capitalization are Verano Holdings (CSE) (VRNO) at $4.43B, Curaleaf Holdings (CURLF) at $1.80B, and Green Thumb Industries (GTBIF) at $1.54B. As the sector leader by market capitalization, Verano Holdings (CSE) plays a significant role in setting investor expectations and operational benchmarks for the group.
Key Metrics at a Glance
Regulatory & Risk Considerations
All cannabis investors should be aware that federal legalization status in the United States remains uncertain. While cannabis is legal for medical use in the majority of US states and for adult use in a growing number of jurisdictions, it remains classified as a Schedule I controlled substance at the federal level. This creates material legal, financial, and operational risks across the industry. For multi-state operators like Verano Holdings (CSE), the most immediate regulatory burdens include Section 280E of the Internal Revenue Code, which prevents cannabis businesses from deducting ordinary business expenses and can push effective tax rates above 70%. MSOs also face acute banking challenges: most federally chartered banks and credit unions will not open accounts for plant-touching companies, forcing reliance on cash operations, state-chartered institutions, or costly alternative financial services. Each state imposes its own licensing requirements, packaging standards, testing mandates, and operational rules, requiring MSOs to maintain separate compliance infrastructures in every market.
State-by-state compliance costs represent a significant and often underappreciated expense. Licensing fees, mandatory security systems, seed-to-sale tracking integration, local zoning approvals, and ongoing regulatory audits all contribute to a cost structure that is substantially higher than comparable consumer packaged goods businesses. Additionally, limited-license market structures — while providing competitive moats — create political risk if states later expand licensing availability. Investors should also monitor developments in interstate commerce, which could fundamentally reshape the competitive landscape by allowing product to flow across state lines.
VRNO Key Takeaways
- Verano Holdings (CSE) has a market cap of $4.43B, making it a large-cap cannabis company listed on the CSE.
- Trailing twelve-month revenue is $661.8M with year-over-year growth of +29.1%. This strong growth suggests expanding market share and operational execution.
- The company's gross margin stands at 48.1%. This healthy margin provides a solid foundation for reinvestment and path to bottom-line profitability.
- Verano Holdings (CSE) holds $36.1M in cash against $449.9M in debt, resulting in a net debt position of $413.9M and an estimated 33.0 months of cash runway.
- The stock trades at a P/S ratio of 1.00x and EV/Revenue of 16.30x. Relatively low multiples could indicate an undervalued opportunity.
- At $27.40, the stock trades at 17% of its 52-week range ($23.96 – $43.82). Trading near yearly lows could present value for contrarian investors.
- The annual share dilution rate is 2.2%. Low dilution is a positive sign of disciplined capital management.
Verano Holdings (CSE) Stock Analysis
Verano Holdings (CSE) (CSE: VRNO) is a multi-state operator (mso) company currently trading at $27.40 per share with a market capitalization of $4.43B. The stock gained +4.48% in the most recent trading session on volume of 28.5M shares. Verano Holdings (CSE) is headquartered in Canada and employs approximately 3,269 people. As a participant in the multi-state operator (mso) segment, the company operates within one of the most dynamic and rapidly evolving sectors of the North American economy.
On the revenue front, Verano Holdings (CSE) generated $661.8M in trailing twelve-month (TTM) revenue, reflecting year-over-year growth of +29.1%. This growth rate is outpacing the MSO sector average of 0.0%. Verano Holdings (CSE) maintains a moderate gross margin of 48.1%, indicating the company is generating positive gross profit on its sales, though operational profitability may still be a work in progress. Revenue trends in the cannabis industry are closely watched by analysts, as the sector continues to navigate pricing compression, oversupply dynamics in certain markets, and the ongoing burden of IRS Section 280E, which prevents cannabis businesses from deducting ordinary business expenses at the federal level.
From a valuation perspective, Verano Holdings (CSE) trades at a price-to-sales (P/S) ratio of 1.00x, which is above the sector median of 0.00x, suggesting the market is pricing in higher growth expectations or a premium for Verano Holdings (CSE)'s market position. The enterprise value-to-revenue (EV/Revenue) multiple stands at 16.30x. Cannabis stock valuations have compressed significantly from their 2021 highs, and current multiples reflect a more mature market environment where investors demand clear paths to profitability. For context, the broader MSO sector contains 30 publicly traded companies tracked by CannaCap, and Verano Holdings (CSE)'s valuation should be considered within the context of its specific growth profile and competitive positioning.
Verano Holdings (CSE) carries net debt of $413.9M, with $449.9M in total debt against $36.1M in cash and equivalents. At the current pace, the company has an estimated 33.0 months of cash remaining, making capital management a critical near-term priority. Access to capital remains a persistent challenge for cannabis companies, particularly plant-touching operators that are excluded from traditional banking services and institutional lending. Many cannabis companies have turned to sale-leaseback transactions, private placements, and at-the-market (ATM) equity offerings to fund operations. Verano Holdings (CSE)'s balance sheet should be evaluated with these industry-specific constraints in mind.
Key risk factors for Verano Holdings (CSE) investors include the ongoing federal prohibition of cannabis in the United States, which creates regulatory uncertainty and limits access to capital markets. The company has maintained relatively low share dilution at 2.2% annually, which is favorable for existing shareholders and indicates disciplined capital management. The stock currently trades at $27.40, which is 17% of the way between its 52-week low of $23.96 and its 52-week high of $43.82. Additional industry-wide risks include potential state-level regulatory changes, evolving consumer preferences, price compression from increased competition, and the impact of illicit market activity on legal operators. The Section 280E tax burden continues to weigh on cannabis company profitability, and any federal rescheduling or descheduling of cannabis would be a significant catalyst for the entire sector.
The cannabis industry is at a pivotal juncture, with potential federal reform, state-level market expansion, and increasing institutional interest all shaping the investment landscape. Verano Holdings (CSE), with its $4.43B market cap and $661.8M revenue base, is positioned as a significant player in the multi-state operator (mso) space. Investors considering VRNO should weigh the company's financial metrics against the broader opportunity set within the cannabis sector, which includes 94 publicly traded companies tracked on CannaCap with a combined market capitalization measured in the tens of billions of dollars.
VRNO Price Performance
Verano Holdings (CSE) (VRNO) currently trades at $27.40, which places the stock at approximately 17% of its 52-week trading range. Over the past twelve months, VRNO has traded as high as $43.82 and as low as $23.96, representing a 82.9% spread between the yearly high and low. The current price sits 37.5% below the 52-week high and 14.4% above the 52-week low. This range provides important context for understanding the stock's recent volatility and where current levels fall within the broader price history.
In the most recent trading session, VRNO rose +4.48% from a previous close of $26.23 to $27.40, on volume of 28.5M shares. This positive session is within the range of normal daily fluctuations for cannabis stocks, which tend to exhibit higher volatility than the broader equity market. The stock has 161,521,846 shares outstanding, giving it a fully diluted market capitalization that investors should factor into their analysis alongside the current $4.43B market cap figure.
Cannabis stocks have historically exhibited significant price volatility driven by regulatory developments, earnings surprises, and shifts in market sentiment toward the sector. VRNO is trading in the lower portion of its 52-week range, which could represent a value opportunity for contrarian investors, or may reflect deteriorating fundamentals that warrant caution. Historical price levels should be considered alongside fundamental data — including revenue trends, margin improvement, and balance sheet health — to form a complete investment thesis.
How to Invest in Verano Holdings (CSE)
Verano Holdings (CSE) (VRNO) is listed on the Canadian Securities Exchange (CSE), which is a Canadian stock exchange focused on emerging companies. U.S. investors can access CSE-listed stocks through brokerages that support international trading, such as Interactive Brokers, Fidelity, or Schwab. Some CSE-listed cannabis companies also trade on U.S. OTC markets under a different ticker symbol. To purchase shares of VRNO, you will need a brokerage account that supports trading on the CSE. The stock currently trades at $27.40 per share with an average daily volume of 28.5M shares, which provides strong liquidity for most retail investors. When placing an order, consider using limit orders rather than market orders to control your entry price, especially during periods of high volatility.
Investors evaluating Verano Holdings (CSE) should closely monitor several key financial metrics. The company's trailing twelve-month revenue of $661.8M and year-over-year revenue growth of +29.1% provide insight into top-line momentum. The gross margin of 48.1% indicates how efficiently the company converts revenue into gross profit. On the balance sheet, Verano Holdings (CSE) holds $36.1M in cash against $449.9M in total debt, giving it approximately 33.0 months of operating runway. The price-to-sales ratio of 1.00x and enterprise value-to-revenue of 16.30x help contextualize the stock's valuation relative to its revenue generation. Watch quarterly earnings reports for trends in these metrics, as well as any changes to guidance or strategic direction.
When comparing Verano Holdings (CSE) to other cannabis investments, consider the company's sector (Multi-State Operator (MSO)), geographic focus (Canada), and stage of growth. As a large-cap cannabis company, Verano Holdings (CSE) offers relatively more stability but may have less upside than smaller, earlier-stage operators. The cannabis sector is highly fragmented, and understanding where a company fits within the broader competitive landscape — including its market share, geographic footprint, and product differentiation — is essential for making informed investment decisions.
Important risk disclosure: Cannabis stocks carry unique risks beyond those of typical equity investments. Federal illegality in the United States creates regulatory, banking, and tax challenges (particularly Section 280E). State-by-state legalization creates a patchwork of market opportunities and compliance requirements. Cannabis companies frequently issue additional shares to fund operations, which dilutes existing shareholders — Verano Holdings (CSE)'s current dilution rate is 2.2% annually. Past performance is not indicative of future results, and investors should only allocate capital they can afford to lose. This content is for informational purposes only and does not constitute investment advice. Always conduct your own due diligence and consider consulting a financial advisor before investing in cannabis stocks.
Compare VRNO With Peers
Peer Comparison
Related MSO Stocks
Frequently Asked Questions
What is Verano Holdings (CSE)'s (VRNO) stock price today?▼
Verano Holdings (CSE) (VRNO) stock is currently trading at $27.40 per share on the CSE exchange. This represents a daily gain of +4.48% ($1.17) from the previous closing price of $26.23. Over the past 52 weeks, VRNO has traded between a low of $23.96 and a high of $43.82, placing the current price at approximately -37% from its annual high. The stock has a market capitalization of $4.43B, making it one of the larger cannabis companies tracked by Cannabismarketcap. Verano Holdings (CSE) operates in the MSO sector, serving the broader cannabis industry.
What is Verano Holdings (CSE)'s market capitalization?▼
Verano Holdings (CSE) (VRNO) has a current market capitalization of $4.43B, calculated by multiplying its 161.5M shares outstanding by the current stock price of $27.40. Market capitalization is a key measure of a company's total equity value as perceived by the public market, and it places Verano Holdings (CSE) among the large-cap cannabis companies tracked on Cannabismarketcap. For context, the enterprise value (market cap plus debt minus cash) stands at $4.84B, which accounts for the company's balance sheet structure. Investors often use market cap alongside revenue and profitability metrics to assess relative valuation within the cannabis sector.
Is Verano Holdings (CSE) profitable?▼
Verano Holdings (CSE) (VRNO) currently reports a gross margin of 48.1%, which means the company retains 48.1 cents of every revenue dollar after direct costs of goods sold. On trailing twelve month revenue of $661.8M, this translates to an estimated gross profit of approximately $318.3M. Profitability is a critical factor in the cannabis industry, where many companies are still investing heavily in growth and regulatory compliance. Investors should review the full income statement, cash flow trends, and operating expense breakdown on Cannabismarketcap for a complete picture of Verano Holdings (CSE)'s financial health.
What is Verano Holdings (CSE)'s annual revenue?▼
Verano Holdings (CSE) (VRNO) reports trailing twelve month (TTM) revenue of $661.8M, reflecting the total sales generated by the company over the most recent four quarters. Revenue has changed +29.10% year-over-year, indicating growth momentum relative to the prior period. The current price-to-sales ratio is 1.00x, which means investors are paying $1.00 for every $1 of annual revenue — a relatively low valuation in the context of the cannabis sector. Revenue is one of the most closely watched metrics for cannabis companies, as many are still scaling operations in a rapidly evolving regulatory environment. View the full income statement and quarterly revenue breakdown on Cannabismarketcap for detailed trend analysis.
What are Verano Holdings (CSE)'s key financial metrics?▼
Verano Holdings (CSE) (VRNO) reports several important financial metrics that investors track closely. The company has a market capitalization of $4.43B, trailing twelve month revenue of $661.8M, and a gross margin of 48.1%. On the balance sheet, Verano Holdings (CSE) holds $36.1M in cash and equivalents against $449.9M in total debt, resulting in a debt-to-market-cap ratio of 0.10x. The price-to-sales ratio stands at 1.00x, while the enterprise value to revenue multiple is 16.30x. With 161.5M shares outstanding and a dilution rate of 2.2%, investors should consider both the fundamental financial performance and share structure when evaluating VRNO.
How many employees does Verano Holdings (CSE) have?▼
Verano Holdings (CSE) currently employs approximately 3,269 people across its operations. As a MSO cannabis company headquartered in Canada, its workforce supports activities spanning related business functions. Based on trailing twelve month revenue of $661.8M, this equates to approximately $202.4K in revenue per employee, which is a useful efficiency metric for comparing operational productivity across cannabis companies. Employee count is an important indicator of a company's operational scale and its capacity for growth in an industry that remains highly labor-intensive due to regulatory requirements.
What exchange is VRNO listed on?▼
Verano Holdings (CSE) trades under the ticker symbol VRNO on the CSE exchange, and the stock is denominated in US dollars (USD). Shares can typically be purchased through most standard brokerage accounts. The stock sees average daily trading volume of approximately 28.5M shares, which is an important consideration for liquidity and the ability to enter or exit positions without significant price impact.
What sector is Verano Holdings (CSE) in?▼
Verano Holdings (CSE) is classified as a MSO company within the cannabis industry, meaning it operates as a multi-state operator with cannabis cultivation, processing, and retail operations across multiple US states. The MSO sector is a key segment of the cannabis market, and investors often compare companies within the same sector to identify relative outperformers. You can compare VRNO with other MSO stocks on Cannabismarketcap's sector page to see how it ranks on metrics like market cap, revenue, and margins.
What is Verano Holdings (CSE)'s gross margin?▼
Verano Holdings (CSE) (VRNO) has a gross margin of 48.1%, which represents the percentage of revenue the company retains after paying for the direct cost of goods sold. On trailing twelve month revenue of $661.8M, this translates to an estimated gross profit of approximately $318.3M. Gross margin is a critical profitability indicator in the cannabis industry, where companies face unique cost pressures from regulatory compliance, testing requirements, and the tax burden of IRC Section 280E (which prevents cannabis companies from deducting standard business expenses). A moderate gross margin like Verano Holdings (CSE)'s suggests the company has pricing power and operational efficiency relative to peers.
How does VRNO compare to other cannabis stocks?▼
You can compare Verano Holdings (CSE) (VRNO) side-by-side with any cannabis stock on Cannabismarketcap using the dedicated comparison tool. Key comparison metrics include market cap ($4.43B), trailing twelve month revenue ($661.8M), gross margin (48.1%), and price-to-sales ratio (1.00x). Verano Holdings (CSE) sits in the MSO sector, so the most relevant peer comparisons would be against other MSO companies, though cross-sector comparisons can also reveal interesting insights about relative valuation. Visit the rankings page to see where VRNO stands across all cannabis companies on metrics like revenue growth (+29.10% YoY), cash position ($36.1M), and employee count (3,269).
What is VRNO's 52-week trading range?▼
Verano Holdings (CSE) (VRNO) has traded between a 52-week low of $23.96 and a 52-week high of $43.82, with the current price of $27.40 sitting approximately -37% from the annual high. This range represents a spread of $19.86 (83% from low to high), which reflects the volatility the stock has experienced over the past year. The 52-week range is a commonly used technical indicator that helps investors understand whether a stock is trading near the top or bottom of its recent range, and it can inform decisions about entry and exit points. Cannabis stocks in general tend to exhibit higher volatility than broader market indices due to evolving regulations and market sentiment.
How does Verano Holdings (CSE)'s valuation compare to cannabis industry peers?▼
Verano Holdings (CSE) (VRNO) is valued at a market capitalization of $4.43B with a price-to-sales ratio of 1.00x, and an enterprise value of $4.84B. The EV/Revenue multiple of 16.30x provides a debt-adjusted view of valuation relative to sales, which is particularly important for comparing companies with different capital structures. In the cannabis industry, valuations can vary significantly depending on sector (MSO, LP, Ancillary, etc.), growth rate, and path to profitability. Verano Holdings (CSE)'s positive revenue growth of +29.10% YoY may justify a premium relative to slower-growing peers. Investors can use the Cannabismarketcap rankings and comparison tools to benchmark VRNO against specific competitors on valuation multiples, growth rates, and profitability.
What is Verano Holdings (CSE)'s enterprise value?▼
Verano Holdings (CSE) (VRNO) has an estimated enterprise value (EV) of $4.84B, which is calculated by taking the market capitalization of $4.43B, adding total debt of $449.9M, and subtracting cash and equivalents of $36.1M. Enterprise value is widely considered a more comprehensive measure of a company's total value than market cap alone because it accounts for the capital structure, including debt obligations and available liquidity. The resulting EV/Revenue ratio of 16.30x allows for an apples-to-apples comparison with peers regardless of differences in leverage. For cannabis companies in particular, where balance sheet health varies dramatically, enterprise value provides a more accurate picture of acquisition cost and relative valuation.
Is Verano Holdings (CSE) stock overvalued or undervalued?▼
Determining whether Verano Holdings (CSE) (VRNO) is overvalued or undervalued requires analyzing multiple valuation metrics in context. The current price-to-sales ratio of 1.00x is relatively low for a cannabis company, which could suggest the stock is undervalued or that the market has concerns about future growth. The stock is currently trading at $27.40, which is -37% from its 52-week high of $43.82, with a gross margin of 48.1% and revenue growth of +29.10% YoY. Investors should consider the company's enterprise value of $4.84B, its cash position of $36.1M, and the broader cannabis industry outlook when forming a valuation opinion. Cannabismarketcap provides all the data needed for a thorough analysis, but this information should not be considered investment advice.
What are the risks of investing in Verano Holdings (CSE)?▼
Investing in Verano Holdings (CSE) (VRNO) carries several risks that investors should carefully consider. First, the cannabis industry remains federally illegal in the United States, creating regulatory uncertainty that can impact stock prices, banking access, and tax obligations (notably IRC Section 280E). Second, Verano Holdings (CSE)'s balance sheet shows $449.9M in total debt against $36.1M in cash, with an estimated cash runway of approximately 33 months at the current burn rate, which investors should monitor for dilution risk or liquidity concerns. The company has a share dilution rate of 2.2%, meaning the number of shares outstanding has been increasing, which can erode per-share value. Additionally, the stock has shown a 52-week range of $23.96 to $43.82, reflecting meaningful price volatility. As with all cannabis stocks, investors face risks from changing state regulations, competitive pressures, and the evolving legal landscape. This information is for educational purposes only and is not investment advice.
What is Verano Holdings (CSE)'s cash position and debt level?▼
Verano Holdings (CSE) (VRNO) holds $36.1M in cash and equivalents on its balance sheet, set against $449.9M in total debt. This gives the company a net debt position of $413.9M. At the current rate of cash usage, the company has an estimated cash runway of approximately 33 months before needing additional financing, which could come from operations, debt, or equity issuance. Balance sheet strength is especially important in the cannabis industry, where companies often face limited access to traditional banking and capital markets. Investors should track these metrics over time on Cannabismarketcap to identify trends in cash consumption and debt management.
How many shares outstanding does Verano Holdings (CSE) have?▼
Verano Holdings (CSE) (VRNO) currently has 161.5M shares outstanding, which when multiplied by the current stock price of $27.40 gives the company its market capitalization of $4.43B. The share count has been growing at a rate of 2.2% — a metric known as the dilution rate — which is modest and within a typical range for the cannabis sector. Share count is important because all per-share metrics (earnings per share, book value per share, etc.) are directly impacted by changes in shares outstanding. Cannabis companies frequently issue new shares to raise capital, so monitoring dilution trends on Cannabismarketcap is recommended for long-term investors.
Does Verano Holdings (CSE) pay a dividend?▼
Most cannabis companies, including Verano Holdings (CSE) (VRNO), do not currently pay dividends. The cannabis industry is still in a growth phase, and companies typically reinvest available capital into expanding operations, securing new licenses, building out retail and cultivation infrastructure, and navigating complex regulatory requirements. Additionally, the IRC Section 280E tax burden significantly reduces the free cash flow available for shareholder distributions. Investors in cannabis stocks should generally expect returns to come from capital appreciation rather than dividend income. If Verano Holdings (CSE) initiates a dividend in the future, it would be reported in their SEC filings and reflected on Cannabismarketcap.
How can I research Verano Holdings (CSE) stock before investing?▼
To research Verano Holdings (CSE) (VRNO) before investing, start with the company overview on Cannabismarketcap, which provides current price ($27.40), market cap ($4.43B), and key financial metrics. Next, review the full financial statements page for quarterly revenue trends, margins, and balance sheet details. Check the analyst ratings page for Wall Street consensus and price targets, and the technical analysis page for chart patterns and momentum indicators. Compare VRNO against sector peers using the comparison tool to understand relative valuation. Review recent news coverage for regulatory developments or corporate events. Finally, read the investment analysis page for a comprehensive deep-dive. Cannabis investing carries unique risks including federal illegality, regulatory uncertainty, and limited banking access — always conduct thorough due diligence before making any investment decision.
What does Verano Holdings (CSE)'s market cap of $4.43B mean?▼
Verano Holdings (CSE)'s market capitalization of $4.43B represents the total market value of all its outstanding shares (161.5M shares multiplied by the current stock price of $27.40). Market cap is the primary measure investors use to classify companies by size: large-cap companies (over $1B) like Verano Holdings (CSE) are generally considered more established with greater liquidity. In the cannabis sector, market cap is especially important because it determines index weighting, institutional investment eligibility, and often correlates with the company's operational scale and geographic reach. Verano Holdings (CSE) currently ranks # among cannabis stocks tracked on Cannabismarketcap.
What regulatory risks does Verano Holdings (CSE) face?▼
Verano Holdings (CSE) (VRNO), like all cannabis companies, faces significant regulatory risks that investors should understand. At the federal level, cannabis remains a Schedule I controlled substance in the United States, which restricts banking access, prevents standard business expense deductions under IRC Section 280E, and creates legal uncertainty. As a multi-state operator, Verano Holdings (CSE) must comply with different regulatory frameworks in each state where it operates, and any changes to state licensing rules, tax rates, or market structure can directly impact revenue and profitability. Potential catalysts include federal rescheduling (which could ease 280E burdens), the SAFE Banking Act (which would improve banking access), and individual state legalization events. Conversely, regulatory setbacks such as license moratoriums, increased enforcement, or unfavorable tax policy changes pose downside risks. Investors should monitor legislative developments closely using Cannabismarketcap's news and legalization tracker.
Verano Holdings (CSE) (VRNO) is a mso cannabis company listed on the CSE exchange, headquartered in Canada. With a market capitalization of $4.43B, Verano Holdings (CSE) ranks #0 among all 94 publicly traded cannabis companies tracked on Cannabismarketcap. The stock is currently trading at $27.40, representing a gain of +4.48% today on volume of 28.5M shares. For real-time price tracking and analysis, see our VRNO news page and financial statements.
Investors researching VRNO can access detailed financial data including revenue, margins, and balance sheet metrics. The company reported $661.8M in trailing twelve-month revenue with a gross margin of 48.1% and year-over-year revenue growth of +29.10%. For broader market context, explore the MSO sector overview, browse all CSE-listed cannabis stocks, or view the market cap rankings, revenue rankings, and P/S ratio rankings. Use the stock screener to filter cannabis stocks by any metric.
Compare Verano Holdings (CSE) head-to-head with other cannabis stocks using our comparison tool. Popular comparisons include VRNO vs CURLF, VRNO vs GTBIF, and VRNO vs TCNNF. Track VRNO alongside the entire cannabis market with Cannabismarketcap's comprehensive gross margin rankings, cash position rankings, and valuation rankings.
New to cannabis investing? Learn about the industry with our guides on cannabis stock basics, how to evaluate cannabis stocks, and industry overview. Cannabismarketcap tracks every publicly traded cannabis company with real-time pricing, detailed financials, and programmatic analysis to help investors make informed decisions.
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The information on this page is provided for informational purposes only and does not constitute financial advice, investment recommendations, or an offer to buy or sell securities. Cannabismarketcap is not a registered broker-dealer or investment advisor. All data, including stock prices, market capitalizations, financial metrics, and analysis for Verano Holdings (CSE) (VRNO), is provided “as is” without warranty of any kind. Past performance does not guarantee future results. Cannabis stocks are highly volatile and carry significant risk, including the potential for total loss of investment. Marijuana remains illegal under federal law in the United States. Always conduct your own due diligence and consult a qualified financial advisor before making investment decisions. Data may be delayed or inaccurate. See our terms of service and privacy policy for more information.