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Verano Reports $218 Million in Second-Quarter Revenue, Net Loss Narrows to $13 Million
['Anthony Martinelli']
The Marijuana Herald
Verano Holdings Corp. reported $217.9 million in revenue for the second quarter of 2026, marking its third consecutive quarter of revenue growth.
The multistate marijuana company reported a net loss of $13.4 million, compared with losses of $17.8 million during the previous quarter and $19.2 million during the second quarter of 2025.
Adjusted EBITDA was $49 million during the first quarter and $66.2 million during the second quarter of 2025.
During the quarter, Verano opened its 85th Florida dispensary and 162nd location nationwide.
As of June 30, Verano had $85.2 million in cash and cash equivalents, $295 million in working capital and $393 million in debt.