LOS ANGELES- Verano Holdings Corp., a major multi-state cannabis operator in the U.S., reported its Q2 earnings on August 7th. The company met analysts’ expectations with an EPS of ($0.05), showing a decline with negative returns on equity at 4.87% and a net margin of -13.21%. Revenue for the quarter stood at $222.39 million, slightly below the forecast of $224.23 million. The stock opened at $3.35, within a 52-week range of $3.06 to $7.08, indicating market challenges
About the Author: HCN News Team
The News Team at Highly Capitalized are some of the most experienced writers in cannabis and psychedelics business & finance. We cover capital markets, finance, branding, marketing and everything important in between. Most of all, we follow the money.