Verano Holdings Corp. Files 8-K with Corporate Details
Ticker: VRNO · Form: 8-K · Filed: Jul 29, 2024 · CIK: 1848416
Sentiment: neutral
Topics: corporate-disclosure, 8-K
TL;DR
Verano Holdings Corp. filed an 8-K on 7/29/24, updating corporate info and disclosures.
AI Summary
Verano Holdings Corp. filed an 8-K on July 29, 2024, to report on Regulation FD disclosures and financial statements. The filing details the company's principal executive offices located at 224 W. Hill Street, Suite 400, Chicago, Illinois, 60610, and its telephone number as (312) 265-0730. The company is incorporated in British Columbia and its fiscal year ends on December 31.
Why It Matters
This filing provides essential corporate information and disclosures for Verano Holdings Corp., which is important for investors and stakeholders to stay informed about the company's operational and regulatory status.
Risk Assessment
Risk Level: low — This filing is a routine corporate disclosure and does not appear to contain significant new financial or operational risks.
Key Players & Entities
- Verano Holdings Corp. (company) — Registrant
- July 29, 2024 (date) — Date of Report
- 224 W. Hill Street, Suite 400, Chicago, Illinois, 60610 (address) — Principal Executive Offices
- (312) 265-0730 (phone_number) — Registrant's Telephone Number
- British Columbia (jurisdiction) — State or Other Jurisdiction of Incorporation
FAQ
What is the exact name of the registrant as specified in its charter?
The exact name of the registrant is Verano Holdings Corp.
On what date was this Form 8-K filed?
The Form 8-K was filed on July 29, 2024.
Where are Verano Holdings Corp.'s principal executive offices located?
The principal executive offices are located at 224 W. Hill Street, Suite 400, Chicago, Illinois, 60610.
What is the telephone number of Verano Holdings Corp.?
The telephone number is (312) 265-0730.
In which jurisdiction is Verano Holdings Corp. incorporated?
Verano Holdings Corp. is incorporated in British Columbia.
Filing Stats: 777 words · 3 min read · ~3 pages · Grade level 11.4 · Accepted 2024-07-29 13:39:32
Filing Documents
- form8-k.htm (8-K) — 39KB
- ex99-1.htm (EX-99.1) — 32KB
- ex99-1_001.jpg (GRAPHIC) — 12KB
- ex99-1_002.jpg (GRAPHIC) — 10KB
- 0001493152-24-029400.txt ( ) — 274KB
- vrnof-20240729.xsd (EX-101.SCH) — 3KB
- vrnof-20240729_lab.xml (EX-101.LAB) — 33KB
- vrnof-20240729_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
From the Filing
UNITED SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 29, 2024 VERANO HOLDINGS CORP. (Exact Name of Registrant as Specified in its Charter) British Columbia 000-56342 98-1583243 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.) 224 W. Hill Street , Suite 400 , Chicago , Illinois (Address of Principal Executive Offices) 60610 (Zip Code) (312) 265-0730 (Registrant's Telephone Number, Including Area Code) N/A (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered N/A N/A N/A Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 7.01 Regulation FD Disclosure. On July 29, 2024, Verano Holdings Corp., a British Columbia corporation (the " Company ") and The Cannabist Company Holdings Inc., a British Columbia corporation (" Cannabist "), issued a press release regarding the Company, Cannabist and the other parties party thereto, entering into the following agreements: (a) an equity purchase agreement by and among (i) the Company, (ii) Verano Holdings, LLC, a Delaware limited liability company and a wholly-owned subsidiary of the Company (the " VA Buyer "), (iii) Columbia Care Eastern Virginia LLC, a Virginia limited liability company (" Columbia Care Virginia "), (iv) each of CC VA Holdco LLC, a Delaware limited liability company (" CC VA "), Adam Goers, David Hallock, Calvin Butts, David Creecy, Basil Gooden, Marissa Levine, Tim Musselman, Terron Sims, Lisa Smith and John Boland (collectively, the " VA Members "), and (v) Cannabist, pursuant to which VA Buyer is acquiring all of the issued and outstanding equity interests of Columbia Care Virginia from the VA Members; (b) an equity purchase agreement by and among (i) Verano Arizona, LLC, an Arizona limited liability company (" AZ Buyer "), (ii) Salubrious Wellness Clinic, Inc., an Arizona corporation (" SWC "), (iii) Columbia Care - Arizona, Tempe, L.L.C., an Arizona limited liability company (" CC AT "), (iv) Thomas Allison (together with CC AT, the " AZ I Members "), (v) Cannabist and (vi) solely for purposes of Sections 2.4(d) and 6.2(e), CC VA, pursuant to which AZ Buyer is acquiring all of the issued and outstanding equity interests of SWC from the AZ I Members; and (c) an equity purchase agreement by and among (i) the AZ Buyer, (ii) 203 Organix L.L.C., an Arizona limited liability company (" Organix "), (iii) Columbia Care-Arizona, Prescott, L.L.C., an Arizona limited liability company (the " AZ II Member "), (iv) Cannabist and (v) solely for purposes of Sections 2.4(d) and 6.2(e), CC VA, pursuant to which AZ Buyer is acquiring all of the issued and outstanding equity interests of Organix from the AZ II Member. A copy of the press release is attached hereto as Exhibit 99.1. In accordance with General Instruction B.2. of Form 8-K, the information in this Item 7.01 and the accompanying Exhibit 99.1 shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that Section. Item 9.01 Financial (d) Exhibits Exhibit No. Description 99.1 Press Release, dated July 29, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VERANO HOLDINGS CORP. Date: July 29, 2024 By: /s/ Brett Summerer Name: Brett Summerer Title: Chief Financial Officer