Verano Pushes Digital Voting as Postal Strike Disrupts Shareholder Materials

CHICAGO – Verano Holdings Corp. is telling investors to submit votes electronically for its special meeting next month, citing delays from Canada’s postal workers strike.

The company released a statement warning that physical copies of meeting materials, detailing a proposed shift in corporate domicile from British Columbia to Nevada, might not reach all shareholders in time for the October 27 gathering in Chicago. Verano said it continues to send out printed versions through regular channels, but the labor action makes timely delivery uncertain.

Shareholders can review the documents online through Canada’s SEDAR+ system, the U.S. Securities and Exchange Commission‘s EDGAR database, or Verano’s investor site. To avoid issues, the firm recommends voting digitally rather than by mail. Anyone who already posted a proxy should resubmit online to confirm receipt.

The deadline for proxies remains October 24 @ 9:30 am CDT, though Verano will process submissions up to that point. Investors holding shares through brokers must coordinate with their intermediaries and aim to vote a full day early.

Direct shareholders seeking a control number or help can reach Odyssey Trust Company by phone or via online chat. Those interested in dissent rights need to mail formal notices by October 23 @ 9:30 am PDT to the company’s legal counsel at Fasken Martineau DuMoulin LLP in Vancouver.

This special session centers on a plan of arrangement to redomicile Verano under Nevada law, a move that could streamline operations and cut tax burdens for a firm already rooted in 13 American states with over a million square feet of cultivation space. Analysts see such relocations as a common strategy among Cannabis operators chasing friendlier regulatory environments south of the border, though execution hinges on strong turnout, now complicated by the strike.

In the broader sector, where mail-dependent processes still dominate despite digital shifts, this episode underscores a basic operational vulnerability. Verano’s call to go paperless serves as a timely reminder: in capital markets tied to a federally restricted plant, even routine logistics can test a company’s resilience.