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Verano Holdings Advises Online Voting Amid Postal Strike

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Verano Holdings Advises Online Voting Amid Postal Strike

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An announcement from Verano Holdings ( (TSE:VRNO) ) is now available.

On October 6, 2025, Verano Holdings Corp. announced that due to an ongoing Canadian postal strike, the materials for its special meeting on October 27, 2025, might not reach all shareholders in time. The company advises shareholders to vote online to ensure their votes are counted. This meeting is crucial as it involves a proposal to change the company’s jurisdiction from British Columbia, Canada, to Nevada, USA, which could impact its legal and operational framework.

The most recent analyst rating on (TSE:VRNO) stock is a Hold with a C$6.00 price target. To see the full list of analyst forecasts on Verano Holdings stock, see the TSE:VRNO Stock Forecast page.

Spark’s Take on TSE:VRNO Stock

According to Spark, TipRanks’ AI Analyst, TSE:VRNO is a Neutral.

Verano Holdings’ overall stock score reflects significant financial challenges, including declining revenues and profitability issues. The technical analysis indicates potential risks due to volatility and overbought conditions. While there are some positive developments in retail growth and cost management, these are overshadowed by ongoing market pressures and financial instability.

To see Spark’s full report on TSE:VRNO stock, click here.

More about Verano Holdings

Verano Holdings Corp. is a leading multi-state cannabis company in the U.S., known for its historical revenue, geographic scope, and brand performance. The company operates under the Zen Leaf™ and MÜV™ dispensary banners and offers a wide range of cannabis products under various brands. Verano has operations in 13 U.S. states with 15 production facilities and over 1.1 million square feet of cultivation capacity.

Technical Sentiment Signal: Sell

Current Market Cap: C$2.17B

See more insights into VRNO stock on TipRanks’ Stock Analysis page.

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