For the quarter ending 2026-03-31, VRNO had -$8,698K decrease in cash & cash equivalents over the period. $3,650K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 |
|---|---|---|
| Net loss attributable to verano holdings corp. and subsidiaries | -17,823 | -257,908 |
| Depreciation and amortization | 29,188 | 124,155 |
| Right-of-use assets amortization | 3,010 | 11,994 |
| Loss on disposal of property, plant and equipment | -27 | -1,950 |
| Gain on deconsolidation | 0 | 4,739 |
| Loss on debt extinguishment | -5,738 | 1,938 |
| Loss on impairment of intangibles - goodwill | - | 86,591 |
| Loss on impairment of intangibles, fixed assets & held for sale assets | - | 96,677 |
| Loss on impairment of investment in associates | - | 0 |
| Decrease in fair value of contingent consideration | - | 0 |
| Stock-based compensation | 2,209 | 11,506 |
| Other, net | 3,562 | 18,755 |
| Accounts receivable, net | 1,703 | -5,355 |
| Inventory | 5,745 | 46,763 |
| Income tax receivable | -690 | 6,842 |
| Accounts payable | -5,713 | 5,374 |
| Income tax payable | -812 | -51,784 |
| Uncertain tax positions | 13,025 | 107,682 |
| Deferred income taxes | -42 | 37,456 |
| Other assets, net | -8,613 | 4,276 |
| Other liabilities, net | -15,721 | -5,478 |
| Net cash provided by operating activities | 18,587 | 52,855 |
| Acquisition of business, net of cash acquired | - | 0 |
| Purchases of property, plant and equipment | 14,937 | 41,226 |
| Proceeds from disposal of assets | 30 | 354 |
| Proceeds from deconsolidation | 0 | 9,071 |
| Other investing activities | - | 800 |
| Net cash used in investing activities | -14,907 | -32,601 |
| Proceeds from credit facility | 195,000 | - |
| Proceeds from issuance of debt | 50,000 | - |
| Repayments on credit facility | 240,550 | - |
| Payment of deferred acquisition price payable | 125 | 708 |
| Proceeds from issuance of debt | - | 62,000 |
| Principal repayments of debt | 901 | 77,925 |
| Debt issuance costs paid | 11,337 | 2,665 |
| Payment of debt extinguishment | 4,345 | 0 |
| Distributions paid to non-controlling interest holders | 0 | 4,672 |
| Other financing activities | -120 | -1,351 |
| Net cash used in financing activities | -12,378 | -25,321 |
| Net increase (decrease) in cash and cash equivalents | -8,698 | -5,067 |
| Effects of exchange rate fluctuations on cash and cash equivalents | 0 | -5 |
| Cash and cash equivalents, beginning of period | 82,724 | 87,796 |
| Cash and cash equivalents, end of period | 74,026 | 82,724 |
Verano Holdings Corp. (VRNO)
Verano Holdings Corp. (VRNO)