Verano Strengthens South Florida Retail Footprint with Opening of MÜV North Miami Beach, the Company’s 80th Dispensary in the Sunshine State

• Located at 16635 NE 19^th Avenue, MÜV North Miami Beach is Verano’s third MÜV location in the city of Miami and fourth in Miami-Dade County, a region with more than 2.6 million residents¹
• MÜV North Miami complements nearby MÜV locations in Naranja, North Miami - Biscayne and Miami - Kendall.
• Verano’s active operations span 13 states, comprised of 153 dispensaries and 15 cultivation and processing facilities with more than 1.1 million square feet of cultivation capacity
  

/EIN News/ -- CHICAGO, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the opening of MÜV North Miami Beach on Friday, February 21^st, elevating the Company’s Florida retail footprint to 80 MÜV locations and 153 dispensaries nationwide. MÜV North Miami Beach, located at 16635 NE 19^th Ave, will be open from Monday to Saturday from 9 a.m. to 7 p.m. and Sunday from 11 a.m. to 5 p.m. local time.

Located in Florida’s Miami-Dade County, the state’s largest county by population with over 2.6 million residents, MÜV North Miami Beach sits in a prime location just west of Biscayne boulevard on 19^th Avenue, a bustling thoroughfare with a daily traffic count of 25,000 vehicles². The dispensary marks a milestone as Verano’s 80^th location in the Sunshine State and fourth in Miami-Dade County, complementing existing locations in North Miami - Biscayne, MÜV Miami - Kendall, and MÜV Naranja. MÜV North Miami Beach is conveniently located next to Miami’s Snake Creek Canal and a short trip from area beaches, shopping areas and other favorite attractions popular with locals, tourists and seasonal residents alike.

To celebrate the grand opening of MÜV North Miami Beach, patients will be offered an array of discounts – including 50% off from Friday, February 21st – Sunday, February 23rd, an $8 eighth on Friday, and free swag bags as well on Friday while supplies last.

“The opening of MÜV North Miami Beach, our 80^th Florida dispensary location, marks a significant milestone as we further expand our footprint in the South Florida region,” said John Tipton, President of the Southern Region. “Adding a fourth location in the largest city in the state is tremendously exciting, and we look forward to welcoming patients at MÜV North Miami Beach and offering new and exciting products across all of our Florida dispensaries throughout the course of this year.”

MÜV dispensaries feature online menus for effortless browsing of their extensive, award-winning product selection, including the Company’s signature Verano Reserve, MÜV and Sweet Supply flower, Encore edibles, On the Rocks concentrates and extracts, and (the) Essence and Savvy flower and extracts, spanning an extensive array of options for patients. The Company also offers one-on-one virtual and in-store consultations, at no cost to patients, and provides patient-centric concierge services via phone, email, web chat and text to address patient inquiries.

For additional convenience and accessibility, patients can visit muvfl.com or the MÜV mobile application - available in the Google Play and Apple App stores - for additional information and to place orders for express in-store pickup.

Product images, logos and b-roll footage are available on the Company Newsroom.

About Verano
Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF), one of the U.S. cannabis industry’s leading companies based on historical revenue, geographic scope and brand performance, is a vertically integrated, multi-state operator embracing a mission of saying Yes to plant progress and the bold exploration of cannabis. Verano provides a superior cannabis shopping experience in medical and adult use markets under the Zen Leaf^™ and MÜV^™ dispensary banners, including Cabbage Club^™, an innovative annual membership program offering exclusive benefits for cannabis consumers. Verano produces a comprehensive suite of high-quality, regulated cannabis products sold under its diverse portfolio of trusted consumer brands including Verano^™, (the) Essence^™, MÜV^™, Savvy^™, BITS^™, Encore^™, and Avexia^™. Verano’s active operations span 13 U.S. states, comprised of 15 production facilities with over 1.1 million square feet of cultivation capacity. Learn more at Verano.com.

Contacts:
Media & Investors
Grace Bondy
Director, Communications
Grace.Bondy@Verano.com

Forward Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans, strategies, or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “future”, “scheduled”, “estimates”, “forecasts”, “projects,” “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases, or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. Forward-looking statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors which may cause actual events, results, performance, or achievements of the Company to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking statements herein, including, without limitation, the risk factors described in the Company’s annual report on Form 10-K for the year ended December 31, 2023 and any subsequent quarterly reports on Form 10-Q, in each case, filed with the U.S. Securities and Exchange Commission at www.sec.gov. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information or forward-looking statements that are contained or referenced herein, except as may be required in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice regarding forward-looking information and statements.

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¹ U.S. Census
² Florida Dept of Transportation