Verano Holdings Opens Unique Zen Leaf Antwerp Dispensary in Historic Ohio Train Depot

The latest update is out from Verano Holdings ( (TSE:VRNO) ).

Verano Holdings has announced the grand opening of Zen Leaf Antwerp, a unique cannabis dispensary located in the historic Norfolk & Western Train Depot in Ohio. This opening marks Verano’s sixth dispensary in Ohio, enhancing its market presence in the state. The dispensary, which offers a distinctive shopping experience due to its historical setting, aims to create jobs and stimulate economic growth in the community. The grand opening will feature a job fair, providing opportunities for aspiring cannabis professionals.

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 vertically integrated operations across 13 states, with 158 dispensaries and 15 cultivation and processing facilities, offering a range of cannabis products including flowers, pre-rolled joints, extracts, edibles, and topicals.

Technical Sentiment Signal: Sell

Current Market Cap: C$2.17B

See more data about VRNO stock on TipRanks’ Stock Analysis page.