Verano Opens MÜV™ Satellite Beach, Elevating the Company’s Retail Footprint to 72 Florida Dispensaries and 135 Locations Nationwide

• Located at 106 Florida Highway A1A, MÜV Satellite Beach bolsters the Company’s retail presence in Brevard County, an area with more than 606,000 residents¹
• MÜV Satellite Beach joins nearby MÜV dispensaries in Titusville, Merritt Island and West Melbourne
• Verano’s active operations span 13 states, comprised of 135 dispensaries and 14 cultivation and processing facilities with more than 1 million square feet of cultivation capacity 
  

Verano Holdings Corp. (NEO: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the opening of MÜV Satellite Beach on Friday, October 27, the Company’s 72^nd Florida dispensary and 135^th location nationwide. MÜV Satellite Beach, located on 106 Florida Highway A1A, will be open Monday through Saturday from 9 a.m. to 7 p.m. and Sunday from 11 a.m. to 5 p.m., local time.

Situated in Brevard County which counts more than 606,000 residents¹, MÜV Satellite Beach strengthens Verano’s presence along the Atlantic Coast, complementing existing MÜV dispensaries in Titusville, Merritt Island and West Melbourne.

“As we further expand our retail footprint across Florida, we’re thrilled to open a new MÜV dispensary in beautiful Satellite Beach, where we’ll offer patients our extensive variety of high quality cannabis products,” said Joel Noonan, EVP of the Southern Region. “Like the rest of Florida, Satellite Beach continues to experience population growth over the last decade, and we’re excited for MÜV to join this thriving community where our talented and compassionate team will proudly serve area patients for years to come.”

MÜV dispensaries feature online menus for effortless browsing of Verano’s extensive, award-winning product selection spanning an array of categories, including Verano Reserve^™, MÜV and Sweet Supply^™ flower; Encore^™ edibles; On the Rocks^™ concentrates and extracts; and Savvy^™ flower and extracts. MÜV also offers one-on-one virtual and in-store consultations at no cost to patients and provides patient-centric concierge services via phone, email, web chat and text to address patient questions and inquiries.

For additional convenience and accessibility, patients can visit muvfl.com or the MÜV mobile application – available in the Google Play and Apple App stores – for additional information and to place orders for express in-store pickup.