Verano to Open Zen Leaf Dispensary in Philadelphia

  • Zen Leaf Philadelphia to become the Company’s 11th affiliated, fully operational dispensary in Pennsylvania, and 79th nationwide across its active, 11-state footprint. Philadelphia is the sixth-most-populous city in the U.S., with an extended metro-area that is home to over 6 million residents.
  • Pennsylvania is projected to approach $1 billion in medical marijuana sales this year, according to MJBizDaily, and the state may soon be poised for the introduction of adult-use legislation.
  • Verano continues to develop this core market and plans to open its 12th affiliated Pennsylvania dispensary next week. The Healing Research Center in Pittsburgh will open on Friday, July 30, and the Company’s affiliates expect to open at least two additional dispensaries in the state during the remainder of 2021.

Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (the “Company”), a leading multi-state cannabis operator, today announced the opening of its 11th affiliated dispensary in Pennsylvania; this Zen Leaf-branded dispensary is located at 2504 Welsh Road in the Tremont Shopping Center in a vibrant retail corridor of Northeast Philadelphia. This location typically sees steady traffic of over 60,000 cars per day, according to the Pennsylvania Department of Transportation.

“The new Verano-affiliated Zen Leaf dispensary in Philadelphia enables us to reach and serve a much larger patient-base in Pennsylvania’s most populous city,” said George Archos, Verano Founder and CEO. “Pennsylvania is a core focus for Verano and we are pleased with the continued development in one of the country’s largest medical cannabis markets, which could soon be poised for adult-use legislation.”

Zen Leaf Philadelphia is the first to open of three permitted dispensary locations tied to the Company’s affiliate, NSE Pennsylvania. Zen Leaf offers a wide range of premium medical marijuana products including concentrates, vaporizers and flower. Customers may pre-order online at www.zenleafdispensaries.com for same day, in-store pick up.

The new Zen Leaf location will open to patients on July 23rd at 9:00 a.m. local time. Regular business hours are 9:00am – 8:00pm, Monday through Saturday, and 9:00am – 6:00pm on Sunday.

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