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Verano Holdings

OTC: VRNO

Chicago, US · Founded 2017 · Delaware corporation

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Verano is a cannabis company that cultivates over 160 organic proprietary strains and produces cannabis goods such as gummies and body balm, sold through its own dispensaries. It operates across multiple U.S. states and supports cannabis decriminalization and clemency efforts.

ConsumerRetail TechWellness & Fitness

Founders & leadership

DH
DARREN HENRY WEISSExecutive
EA
EDWARD ALOYSIOUS MCDERMOTT IIIExecutive
BA
BRETT ANDREW SUMMERERExecutive
DL
DESTINY LYNN THOMPSONExecutive
JTJOHN TIPTON
JOHN TIPTONExecutive
GA
George ArchosChair of the Board, CEO and President
LMLaura Marie Kalesnik
Laura Marie KalesnikChief Legal Officer, General Counsel & Secretary
RT
Richard TarapchakChief Financial Officer
TMTrip McDermott
Trip McDermottChief Operating Officer
AM
Aaron MilesChief Investment Officer
JLJames Leventis
James LeventisChief Strategy and Compliance Officer
DSDavid Spreckman
David SpreckmanChief Marketing Officer

Reported raises · per SEC filings

Form D private placements

$158.7M disclosed across 5 of 7 rounds · 2018–2024

▶$2MraisedNov 2024 · 1 investors · Other
Rule 506(c)
Officers, directors & promoters on the filing
  • Destiny Lynn ThompsonExecutive Officer
  • David SpreckmanExecutive Officer
  • Laura Marie KalesnikExecutive Officer
  • Aaron Nathaniel MilesExecutive Officer
  • Cristina Maria NunezDirector
  • Darren Henry WeissExecutive Officer
  • Lawrence HirshDirector
  • Richard TarapchakExecutive Officer
  • Brett Andrew SummererExecutive Officer
  • Edward Aloysious McDermott IIIExecutive Officer
  • John TiptonExecutive Officer
  • Charles Frederick MuellerDirector
  • George Peter ArchosExecutive Officer, Director
Offering amount
$2M
Amount sold
$2M
First sale
Nov 2024
Incorporated
Corporation, British Columbia, Canada
Federal exemptions
06c
Full filing on SEC EDGAR ↗
▶$40MofferedAug 2024 · 10 investors · Other
Rule 506(c)
Officers, directors & promoters on the filing
  • AARON MILESExecutive Officer
  • CRISTINA MARIA NUNEZDirector
  • RICHARD TARAPCHAKExecutive Officer
  • DARREN HENRY WEISSExecutive Officer
  • EDWARD ALOYSIOUS MCDERMOTT IIIExecutive Officer
  • LAWRENCE HIRSHDirector
  • LAURA MARIE KALESNIKExecutive Officer
  • CHARLES FREDERICK MUELLERDirector
  • GEORGE PETER ARCHOSExecutive Officer, Director
  • BRETT ANDREW SUMMERERExecutive Officer
  • DESTINY LYNN THOMPSONExecutive Officer
  • JOHN TIPTONExecutive Officer, Director
  • DAVID SPRECKMANExecutive Officer
Offering amount
$40M
First sale
Jul 2024
Incorporated
Corporation, British Columbia, Canada
Federal exemptions
06c
Full filing on SEC EDGAR ↗
▶$1.3MofferedJan 2024 · 1 investors · Other
Rule 506(c)
Officers, directors & promoters on the filing
  • CHARLES FREDERICK MUELLERDirector
  • EDWARD ALOYSIOUS MCDERMOTT IIIExecutive Officer
  • DAVID SPRECKMANExecutive Officer
  • LAWRENCE HIRSHDirector
  • GEORGE PETER ARCHOSExecutive Officer, Director
  • AARON NATHANIEL MILESExecutive Officer
  • CRISTINA MARIA NUNEZDirector
  • RICHARD TARAPCHAKExecutive Officer
  • JOHN TIPTONExecutive Officer, Director
  • DARREN HENRY WEISSExecutive Officer
  • LAURA MARIE KALESNIKExecutive Officer
  • BRETT ANDREW SUMMERERExecutive Officer
  • DESTINY LYNN THOMPSONExecutive Officer
Offering amount
$1.3M
First sale
Dec 2023
Incorporated
Corporation, British Columbia, Canada
Federal exemptions
06c
Full filing on SEC EDGAR ↗
▶$2MraisedMar 2021 · 11 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Edward BrownDirector
  • Cristina NunezDirector
  • Darren WeissExecutive Officer
  • R. Michael SmullenExecutive Officer, Director
  • John TiptonExecutive Officer
  • Brian WardExecutive Officer
  • George ArchosExecutive Officer, Director
Offering amount
$2M
Amount sold
$2M
Sales commissions
$101.2K
Placement agents
Haywood Securities (USA) Inc.
First sale
Mar 2021
Incorporated
Corporation, British Columbia, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$54.6MraisedMar 2021 · 58 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • BRIAN WARDExecutive Officer
  • GEORGE ARCHOSExecutive Officer, Director
  • JOHN TIPTONExecutive Officer
  • R. MICHAEL SMULLENExecutive Officer, Director
  • DARREN WEISSExecutive Officer
  • CRISTINA NUNEZDirector
  • EDWARD BROWNDirector
Offering amount
$54.6M
Amount sold
$54.6M
First sale
Feb 2021
Incorporated
Corporation, British Columbia, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$12MraisedNov 2018 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • CHRIS FOTOPOULOSExecutive Officer
  • GEORGE ARCHOSExecutive Officer, Director
  • LEONARD MAHLERDirector
  • SAM DORFExecutive Officer, Director
  • DEAN MATTExecutive Officer, Director
  • CARY MILLSTEINDirector
  • ANTHONY MARSICOExecutive Officer
  • DARREN WEISSExecutive Officer, Director
  • TIM TENNANTExecutive Officer
Offering amount
$12M
Amount sold
$12M
First sale
Nov 2018
Incorporated
Limited Liability Company, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$88MraisedOct 2018 · 2 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • CARY MILLSTEINDirector
  • DEAN MATTExecutive Officer, Director
  • SAM DORFExecutive Officer, Director
  • GEORGE ARCHOSExecutive Officer, Director
  • ANTHONY MARSICOExecutive Officer
  • LEONARD MAHLERDirector
  • DARREN WEISSExecutive Officer, Director
  • CHRIS FOTOPOULOSExecutive Officer
  • TIM TENNANTExecutive Officer
Offering amount
$88M
Amount sold
$88M
First sale
Oct 2018
Incorporated
Limited Liability Company, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does Verano Holdings do?
Verano is a cannabis company that cultivates over 160 organic proprietary strains and produces cannabis goods such as gummies and body balm, sold through its own dispensaries. It operates across multiple U.S. states and supports cannabis decriminalization and clemency efforts.
How much funding has Verano Holdings raised?
Verano Holdings has disclosed $158.7M raised across 5 of its 7 known rounds.
Where is Verano Holdings headquartered?
Verano Holdings is headquartered in Chicago, US.