Verano : A Message from the CEO

NEWS RELEASE

A Message from the CEO

12/19/2022

As 2022 draws to a close, I would like to re

footprint through the addition of 28 retail locations and began vertical operations in West Virginia; welcomed adult-

use consumers in New Jersey, more than meeting the signi

brands, and partnerships, including our new edible line BITS, new

Drip Cannabis in conjunction with Tyson 2.0; re

prepayment terms; became a voluntary SEC

exchanges; and bolstered our corporate governance by adding a new member to our board. I am incredibly

honored to lead such a dedicated and passionate team that is tirelessly working towards our common goal of

bringing premium cannabis to patients and consumers at scale.

The momentum in DC is encouraging and we continue to push forward with partnerships that help shape the new

narrative, though as I have emphasized before, the success of our business does not hinge upon changes at the

federal level. In the near-term, we are focusing on the launch of adult-use programs in Connecticut and Maryland

next year, states in which we have an established presence.

Because of the work we have put in this year, I believe that Verano is in its strongest position today than ever

before and look forward to what we expect is continued growth in 2023 and beyond. This is only the beginning, and

we are grateful to have you as investors along for the ride.

I wish you and your families a happy holiday season and look forward to delivering our

year.

December, 2022

George Archos

Founder, Chairman & Chief Executive O