Verano Holdings Begins Trading On Canada's Neo Exchange, Fueling Expansion And Evolution

Zinger Key Points
  • Verano Holdings' Class A subordinate voting shares began trading on Canada’s Neo Exchange Inc., which operates as Cboe Canada.
  • The shares will trade in Canada on Neo Exchange under the symbol “VRNO” and in the U.S. on the OTCQX under the symbol “VRNOF.”

Verano Holdings Corp. VRNO VRNOF announced Wednesday that its Class A subordinate voting shares began trading on Canada’s Neo Exchange Inc., which operates as Cboe Global Markets, Inc. CBOE.

The shares will trade in Canada on Neo Exchange under the symbol “VRNO” and in the U.S. on the OTCQX under the symbol “VRNOF.”

George Archos, Verano founder and CEO praised the move.

“In light of recent news and movement within the U.S. cannabis space, today’s listing on Cboe Canada, which is part of a global network of exchanges across 26 marketplaces, is an intentional and strategic decision,” he said.

Why It Matters

Archos also explained what the move means for the Chicago-based company.

It “positions Verano for continued growth and expansion as we evolve in tandem with the rapidly changing industry. We see this as a winning combination for Verano and our shareholders,” he said.

Jos Schmitt, president and CEO of Cboe Canada seconded Archos' sentiment.

“Graduating to a senior exchange positions Verano on a launch pad, at the ready for legislative progress on a federal level in the U.S.,” Schmitt said.

VRNOF Price Action

Verano’s shares traded 1.9396% lower at $4.55 per share at the time of writing on Wednesday afternoon.

Did you miss the first wave of cannabis investments? Don’t make that mistake again.
Experts believe cannabis stocks have found their floor and are now poised for unprecedented growth. Join Benzinga PotProfits. Benefit from Michael Berger’s sharp analysis, revealing top cannabis stock opportunities and timely updates. Experience the potential of 10%+ returns in just 90 days. Our 4.5-star Marketfy rating speaks volumes. Secure your position in this booming sector with a 30-day money-back guarantee. The time to invest is now before everyone else realizes it. Secure your profits with Benzinga. Click here now to learn more.

Related News

Photo: Courtesy of Nicholas Cappello on Unsplash

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Cannabis is evolving – don’t get left behind!

Curious about what’s next for the industry and how to leverage California’s unique market?

Join top executives, policymakers, and investors at the Benzinga Cannabis Market Spotlight in Anaheim, CA, at the House of Blues on November 12. Dive deep into the latest strategies, investment trends, and brand insights that are shaping the future of cannabis!

Get your tickets now to secure your spot and avoid last-minute price hikes.