Growing Market Opportunity
Arizona Overview
•
Market Overview
Adult-Use and medical markets
• 7.3M population
.
•
Adult-use program active as of January 2021
•
• -295k medical patients; 4.0% penetration
Total market expected to grow from $1.03B (2020) to
$1.81B (2026E)
Verano Operations
• 6 operational dispensaries
30k sq. ft. indoor cultivation and manufacturing facility
in Coolidge - 60k sq. ft. expansion underway
•-20K sq. ft. facility in Winslow
Market size forecasts based on BDSA estimates. Includes: (1) licenses directly owned, managed, or operated; (2) those licenses with which Verano has
executed management agreements or other commercial agreements; and/or (3) those licenses to which Verano has a purchase option.
40 VERANO.COM
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