Verano Holdings Corp. announced its proposed redomicile from British Columbia to Nevada.
The Board of Directors approved the plan, pending shareholder approval.
The redomiciling decision aims to better align with the U.S. based business and streamline operations.
Redomiciling to U.S.
Aligns with U.S. based business and regulatory structure.
Leadership Vision
Focus on unlocking shareholder value and growth opportunities.
Continuance Details
Shares and equity to adjust in Nevada following jurisdiction shift.
- The redomiciling is expected to have minimal impact on existing operations in 13 U.S. states.
- The move to Nevada aims to position Verano for near and long-term growth opportunities.
Verano's move to redomicile to Nevada reflects a strategic decision to enhance shareholder value and capitalize on growth opportunities in the U.S. cannabis industry.