June 30, 2023 — Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced that on Saturday, July 1, the Company will commence adult use cannabis sales in Maryland at its four Zen Leaf retail locations across the state beginning at 9 a.m. ET local time. Verano will welcome state and local leaders at its Zen Leaf Elkridge location, and participation from local Chambers of Commerce across all locations, for ceremonial ribbon cuttings prior to welcoming the state’s first adult use customers and commemorating the end of cannabis prohibition in Maryland.

Established in 2017, Verano’s Maryland operations include a state-of-the-art 38,000 square foot cultivation and processing facility in Jessup, and the Company’s four Zen Leaf retail locations in Elkridge, Germantown, Pasadena and Towson. Nationally, Verano’s active operations span 13 states, comprised of 130 dispensaries and 14 cultivation and processing facilities with more than 1 million square feet of cultivation capacity.

“July 1, 2023 marks an historic moment for Marylanders who overwhelmingly voted to end cannabis prohibition, opening the door for increased revenue, investment, job creation and social progress that will benefit communities across the state for years to come,” said George Archos, Verano Founder and Chief Executive Officer. “Thank you to the residents of Maryland, Governor Moore, Delegates C.T. Wilson and Vanessa E. Atterbeary, Senators Brian J. Feldman and Antonio Hayes, the Maryland Cannabis Administration and countless commissioners statewide for making this historic day in the Old Line State a reality.”

Darren Weiss, President of Verano, added: “On behalf of Verano and Zen Leaf, we’re ready and excited to welcome adult use cannabis consumers in my home state of Maryland to celebrate this momentous occasion and serve our extensive array of high quality products for an entirely new customer base. As a long-standing operator in the state, I’m proud of our talented team members, and excited to witness the positive effects that safe, legal cannabis will provide as a catalyst for social and economic progress here in Maryland and a growing number of states nationwide.”

Verano offers a wide range of high quality cannabis products sold at its Zen Leaf Maryland locations, including Verano Reserve and Essence flower, Swift Lift mini pre-rolled joints, extracts and vaporizers; Savvy flower and vaporizers, larger-format cannabis products catering to more value-driven patients and consumers; BITS low-dose, high-function edibles; Encore Edibles, hand-crafted cannabis gummies, hard candies, mints, caramels and chocolates; and Avexia topicals, tablets, tinctures and RSO products that are made to effortlessly enhance any self-care routine.

In conjunction with the launch of adult use sales, current business hours at Zen Leaf locations in Maryland are Monday through Sunday from 9 a.m. to 9 p.m. For more information on Verano and Zen Leaf, visit Verano.com and ZenLeafDispensaries.com.

About Verano
Verano Holdings Corp. (CSE: 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 offers a superior cannabis shopping experience in medical and adult use markets under the Zen Leaf and MÜV dispensary banners and produces a comprehensive suite of high-quality, regulated cannabis products sold under its diverse portfolio of trusted consumer brands including Verano, MÜV, Savvy, BITS, Encore, and Avexia. Verano’s active operations span 13 U.S. states, comprised of 14 production facilities with over 1,000,000 square feet of cultivation capacity. Learn more at www.verano.com.