Verano Affiliate Announces Opening of Flagship Pittsburgh Dispensary with Western Pennsylvania’s Very first Travel-Via

• Located at The Mall at Robinson, a significant-website traffic retail and hospitality spot, the no cost-standing dispensary is set around the intersection of I-376 and Lincoln Highway. It is also the first dispensary in Western Pennsylvania with a 4-lane push-as a result of, offering a uniquely hassle-free affected individual knowledge.

• This is the 80^th lively dispensary nationwide for the Enterprise and its affiliates. Verano anticipates opening as numerous as seven full dispensaries throughout its lively, 11-point out footprint, like new destinations in Florida and Nevada, by the finish of 2021, with an further two Pennsylvania storefronts by affiliate Agronomed Biologics.

• This is the 2nd of 6 permitted medical registrant dispensary areas opened by Verano affiliate Agronomed Biologics in Pennsylvania, and the Company’s 12^th affiliated, lively dispensary over-all in the point out.

CHICAGO, July 30, 2021 (World NEWSWIRE) — Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a top multi-condition cannabis company, now announced the opening of a new affiliate storefront, The Healing Investigation Centre in Pittsburgh. As section of the state’s Chapter 20 Medical Registrant Plan, the dispensary will, in collaboration with the Drexel College Health-related Hashish Investigate Middle, carry out ongoing investigate on health-related cannabis and its outcomes on a variety of disorders lined by the application in Pennsylvania. The Therapeutic Study Centre in Pittsburgh is Western Pennsylvania’s 1st health-related cannabis dispensary to characteristic a push-by means of system for its individuals and is found in close proximity to Interstate exits from both of those I-79 and I-376 at Robinson Centre Drive, which ordinarily see merged visitors of roughly 200,000 vehicles per day, according to the Pennsylvania Office of Transportation.

“With this flagship dispensary and the distinctive partnership with Drexel, we have the prospect to enable greatly enhance the health care cannabis program in Pennsylvania, a core current market for Verano and just one of the most significant in the state,” claimed George Archos, Verano Founder and CEO. “Research supports our vision of driving continuous advancement in affected person care and experience. This initiative brings together some of the brightest expertise in our field with 1 of the very best health care establishments in Pennsylvania, operating collectively to enhance the healthcare cannabis landscape for generations of sufferers to appear.”

Story continues

Verano affiliate Agronomed Biologics is permitted to open a clinical cannabis cultivation and generation facility as properly as six dispensaries in Pennsylvania as a result of its Scientific Registrant permit. The Therapeutic Research Heart is found at 6300 Robinson Centre Travel in Pittsburgh. The dispensary is established to open up on Friday, July 30^th at 10:00 a.m. community time. Normal enterprise hours will be Monday by way of Friday 10:00 a.m. to 8:00 p.m., Saturday 10:00 a.m. to 6:00 p.m., and Sunday 10:00 a.m. to 4:00 p.m.

About Verano

Verano is a top, vertically-built-in, multi-state cannabis operator in the U.S., devoted to the ongoing enhancement of communal wellness by furnishing accountable accessibility to controlled hashish merchandise. With a mission to handle critical overall health and wellness requires, Verano creates a extensive suite of premium, modern hashish items bought less than its dependable portfolio of consumer models, which includes Verano^™, Avexia^™, Encore^™, and MÜV^™. Verano’s portfolio encompasses 14 U.S. states, with energetic functions in 11, which include 10 output facilities comprising close to 832,000 square ft of cultivation (including a 26,000 sq. ft. facility in Massachusetts nearing completion of construction). Verano types, builds, and operates dispensaries beneath retail manufacturers which include Zen Leaf^™ and MÜV^™, offering a outstanding hashish shopping working experience in both of those professional medical and grownup-use marketplaces. Learn a lot more at www.verano.com.

Ahead Looking Statements

This press release includes certain “ahead-seeking information” in the indicating of applicable Canadian securities laws and might also have statements that may possibly represent “forward-searching statements” in the meaning of the safe harbor provisions of the United States Non-public Securities Litigation Reform Act of 1995. These kinds of ahead-searching information and facts and ahead-wanting statements are not consultant of historic details or information or current issue, but as an alternative stand for only the Company’s beliefs pertaining to upcoming activities, programs or targets, numerous of which, by their nature, are inherently unsure and outdoors of the Company’s management. Commonly, this sort of ahead-wanting details or forward-looking statements can be identified by the use of ahead-seeking terminology these as “designs”, “expects” or “does not expect”, “is predicted”, “finances”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not foresee”, or “thinks”, or variations of this kind of text and phrases or could include statements that specified actions, situations or success “may well”, “could”, “would”, “could” or “will be taken”, “will carry on”, “will come about” or “will be obtained”. The forward-seeking information and facts and forward-searching statements contained herein consist of, but are not limited to statements or details with respect to the Company’s place in the market, the proposed completion or buildout of Organization facilities, the Company’s cultivation capability, the fortification of the Company’s existence in core markets, the probability of content natural and organic expansion, shipping of shareholder worth and the ability to sustain industry-foremost margins and add depth to management.

Forward-hunting info and statements require and are subject to assumptions and recognized and unidentified pitfalls, uncertainties, and other factors which could result in actual occasions, success, general performance, or achievements of the Enterprise to be materially diverse from long run functions, final results, efficiency, and achievements expressed or implied by forward-wanting information and statements herein, such as, devoid of limitation, the risk components talked about in the Company’s filings on SEDAR at www.sedar.com.

The ahead-searching information and facts and ahead-searching statements contained in this press release are made as of the day of this push release, and the Corporation does not undertake to update any forward-searching facts or forward-seeking statements that are contained or referenced herein, except as may perhaps be expected in accordance with relevant securities rules. All subsequent created and oral forward- searching info and statements attributable to the Enterprise or persons acting on its behalf is expressly experienced in its entirety by this discover pertaining to forward-wanting data and statements.

# # #

Contacts:

Traders
Verano
Aaron Miles
Main Expense Officer
[email protected]

Media
Verano
David Spreckman
Vice President, Advertising and marketing & Communications
[email protected]
312-819-4852

Sard Verbinnen & Co.
Gabriella Coffey / Ryan McDougald
[email protected]