Verano Holdings Corporation Inc is a leading multi-state cannabis company. Today, this company announced the opening of Zen Leaf Clarksburg on Friday, August 19, 2022. The company presents its fourth dispensary in West Virginia and 111th nationwide.
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The Zen Leaf Clarksburg joins Verano’s three additional West Virginia Zen Leaf locations in Morgantown, Westover and Wheeling. The report if medical cannabis states that there are currently over 11,400 approved medical cannabis patients in the state.
According to the latest reports, West Virginia medical cannabis sales are projected to reach $29 million by 2026. Moreover, the chief executive officer of Verano added that we are now serving the patients in west central Virginia with the addition of Zen leaf company.
He also looks forward to welcoming the medical cannabis community for a better experience for multiple patients, patient-centric hospitality and care.
Therefore, this company has permits issued by West Virginia’s Office of Medical Cannabis to operate a cultivation and processing facility across the West. Moreover, seven total medical cannabis dispensaries will continue opening in 2022 and 2023, subject to customary approvals.
About Verano Holdings:
Besides introducing the VRNOF Stock to the common public, this organisation is the vertically integrated solution provider as the multi-state cannabis operator in the U.S. The company is devoted to all the ongoing needs for the improvement of communal wellness provided by the company.
To regulate all cannabis products, it is necessary to address all patients’ vital health and wellness needs. Also, Verano produces a comprehensive suite of premium and highly innovative cannabis products sold under its trusted portfolio of consumer brands.
The company, 2014 by George Archos, held the OTC stock named VERNOF Stock. Moreover, this company holds a widely spread network and ethically runs its business. The corporate governance and the experts are proficient enough to provide their strict vigilance on every company matter.
The 13 production unit facilities comprise over 1,000,000 square feet of cultivation capacity. The company also designs, builds, and operates dispensaries under large retailing brands, including Zen Leaf and MÜV.
About VRNOF Stock:
The VERNOF Stock was highly stable, with 25.35 Us dollars on February 19, 2021. Also, the stock rate was 21.75 US dollars on March 19, 2021. However, The maximum price of VRNOF Stock in the previous five years was 25.35 US dollars on February 19, 2021.
Financial Statements Analysis also shows that the debt to equity ratio is 5.6% in 2019, and it will be reduced to 2.63% in 2021. Hence, at the end of the year 2022, the debt-equity ratio is 25.7%, with the equity having a value of 1.497 billion U.S. dollars and debt in the range of 384.244 million Us Dollars.
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