• Zen Leaf Morgantown marks the company’s first dispensary in West Virginia, a medical cannabis market projected to record sales as high as $40 million by 2025, according to MJBizDaily
  • Verano’s inaugural West Virginia dispensary opening expands the Company’s active operational footprint to 13 states and 92 dispensaries nationwide, complimenting existing operations in neighboring states that include Pennsylvania, Maryland and Ohio
  • Zen Leaf Morgantown is located at Cheat Road and Venture Drive, a highly traveled intersection that sees an average of 28,000 vehicles per day1 near West Virginia University’s main campus and its population of more than 26,000 students

CHICAGO, March 17, 2022  — Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the grand opening of its first West Virginia medical cannabis dispensary, Zen Leaf Morgantown, located at 205 Venture Drive, on Friday, March 18th at 11:00 a.m. local time.

“Opening our first West Virginia Zen Leaf medical cannabis dispensary is a significant milestone for Verano, and we couldn’t think of a more beautiful, vibrant city than Morgantown to make our debut in this great state,” said George Archos, Verano Founder and Chief Executive Officer. “We look forward to serving the West Virginia medical cannabis community at Zen Leaf Morgantown, and in the additional locations we are excited to open across the Mountain State in the years to come.”

Across West Virginia, Verano has permits issued by West Virginia’s Office of Medical Cannabis to operate a cultivation and processing facility that is nearing full operational status, along with seven total medical cannabis dispensaries that are projected to begin opening throughout 2022, subject to customary approvals.

Zen Leaf Morgantown will offer Verano’s suite of cannabis therapeutics, including flower, topicals, edibles, and vapes. Business hours are 10:00 a.m. – 6:00 p.m. Monday through Sunday, and express pickup ordering is also available for additional patient convenience.

About Verano

Verano is a leading, vertically integrated, multi-state cannabis operator in the U.S., devoted to the ongoing improvement of communal wellness by providing responsible access to regulated cannabis products. With a mission to address vital health and wellness needs, Verano produces a comprehensive suite of premium, innovative cannabis products sold under its trusted portfolio of consumer brands, including Verano™, Avexia™, Encore™, and MÜV™. Verano’s portfolio encompasses 15 U.S. states, with active operations in 13, including 12 production facilities comprising over 1,000,000 square feet of cultivation capacity. Verano designs, builds, and operates dispensaries under retail brands including Zen Leaf™ and MÜV™, delivering a superior cannabis shopping experience in both medical and adult-use markets. Learn more at www.verano.com.

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