Verano Reports Steady Q2 Earnings

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