Growing Market Opportunity
Massachusetts Overview
OVERVIEW OF MARKET AND VERANO OPERATIONS
Market Overview
• Adult-Use and medical markets
⚫6.9M population
•
100k medical patients; 1.4% penetration
•
Total market expected to grow from $917M
(2020) to $1.78B (2026E)
Verano Operations
•2 adult-use dispensaries
⚫A 26k sq. ft. indoor cultivation and manufacturing
facility under construction; first room expected to
come online by end of Q3 2021
Market size forecasts based on MJBizDaily 2020 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.
47 VERANO.COM
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