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Unaudited Interim Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Revenues, net of Discounts $ 202,272 $ 222,390 $ 412,081 $ 443,696
Cost of Goods Sold, net 89,288 108,050 199,516 216,396
Gross Profit 112,984 114,340 212,565 227,300
Operating Expenses        
Selling, General, and Administrative Expenses 86,345 87,074 170,924 177,363
Loss on Impairment of Fixed Assets 428 0 428 0
Total Operating Expenses 86,773 87,074 171,352 177,363
Income from Operations 26,211 27,266 41,213 49,937
Other Income (Expense):        
Loss on Disposal of Property, Plant and Equipment (212) 0 (296) (143)
Gain on Deconsolidation 0 0 4,739 0
Gain (Loss) on Debt Extinguishment 2,947 (3,068) 2,884 (3,068)
Interest Expense, net (14,207) (14,237) (27,769) (29,351)
Other Income (Expense), net 1,263 (1,195) 1,065 (1,954)
Total Other (Expense), net (10,209) (18,500) (19,377) (34,516)
Income Before Provision for Income Taxes 16,002 8,766 21,836 15,421
Provision for Income Taxes (35,152) (30,530) (52,501) (42,007)
Net loss attributable to Verano Holdings Corp. and Subsidiaries $ (19,150) $ (21,764) $ (30,665) $ (26,586)
Net Loss per share - basic (in dollars per share) $ (0.05) $ (0.06) $ (0.09) $ (0.08)
Net Loss per share - diluted (in dollars per share) $ (0.05) $ (0.06) $ (0.09) $ (0.08)
Basic - weighted average shares outstanding (in shares) 360,368,777 345,020,397 359,760,571 345,483,701
Diluted - weighted average shares outstanding (in shares) 360,368,777 345,020,397 359,760,571 345,483,701