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March 01, 2022 18:30 ET | Source: Verano Holdings Corp.

Verano Draws US$100 Million to Fund Strategic Growth Initiatives, and Adds an Option for Up to an Additional US$175 Million

Funding follows previously-announced intention to draw US$100 million under existing credit agreement, providing Verano with flexibility to drive internal expansion efforts and near- and long-term...
February 01, 2022 18:00 ET | Source: Verano Holdings Corp.

Verano Exercises Option on Existing Credit Facility to Draw Remaining US$100 Million at 8.50% to Fund Strategic Growth Initiatives

Bolsters Verano’s balance sheet to further augment its cash positionProvides additional liquidity to support operational flexibility, and enables continued execution of Verano’s near- and long-term...