Verano Announces Closing of Three Pennsylvania Transactions

Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the closing of three previously announced, accretive transactions for all of the issued and outstanding equity interests in TerraVida Holistic Centers, LLC (“TerraVida”), GVB Holding Group, LLC, The Healing Center, LLC, and NSE Pennsylvania, LLC.

Transaction Highlights

TerraVida

  • The transaction included three medical marijuana dispensaries in Sellersville, Abington, and Malvern, Pennsylvania.

The Healing Center

  • The transaction included three medical marijuana dispensaries in Cranberry Township, Washington and Monroeville, Pennsylvania. Please refer to the Company’s previous announcement for more information.

NSE Pennsylvania

  • The transaction included the ability to open three medical marijuana dispensaries in Pennsylvania.
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