Verano Holdings Corp. (TSE:VRNO) has released an update.
Verano Holdings Corp. reported a robust financial performance for 2023 with record revenues of $938 million, a 7% increase from the previous year, alongside a net operating cash flow jump of 16% to $110 million. Despite these gains, the company experienced a net loss of $113 million. The year also saw a generation of $73 million in free cash flow, aligning with the company’s financial projections.
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