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Verano Holdings ( (TSE:VRNO) ) has issued an update.
On October 28, 2025, Verano Holdings Corp. announced that its shareholders approved the plan to redomicile the company from British Columbia, Canada, to Nevada. The completion of this move is pending a final order from the British Columbia Supreme Court and additional filings, with the company aiming to expedite the process despite delays caused by an employee strike at the British Columbia Registrar of Companies.
The most recent analyst rating on (TSE:VRNO) stock is a Buy with a C$4.00 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, offering a range of high-quality cannabis products across 13 states with 15 production facilities.
Technical Sentiment Signal: Sell
Current Market Cap: C$2.17B
Find detailed analytics on VRNO stock on TipRanks’ Stock Analysis page.