$VRNO

A federal class action lawsuit alleges that Cresco Labs, Green Thumb Industries, and Verano Holdings misrepresented recreational cannabis as medicine. The case is in discovery dispute, with plaintiffs opposing a motion to stay. The defendants deny the allegations. MMJ International Holdings, not a party, commented on the timing amid federal rescheduling of cannabis to Schedule III, which offers economic benefits.

Verano Holdings (VRNO) shares rose 10% in a month after Q2 2026 earnings beat estimates, showing revenue growth and improved cash flow. The company operates 163 dispensaries across 13 states and plans expansions. However, gross margins declined to 46% due to promotional activity. Management expects Q3 revenue and margins to be similar to Q2 but anticipates cash flow improvement. VRNO is pursuing a U.S. exchange listing and federal cannabis reclassification. Competitors include Green Thumb Indust

MMJ International Holdings highlights legal challenges facing cannabis companies over alleged deceptive marketing of recreational products as medicine. Class actions target Cresco Labs, Green Thumb, Verano, and Curaleaf. Insurer Palomar seeks to avoid covering these claims, raising financial risks for operators. The DEA's marijuana rescheduling decision and FDA approval processes are central to the debate.

Verano, a multi-state cannabis company, is launching its first beverage brand, Easy Landings, in August. The product will debut in Arizona, Illinois, and Nevada, with plans to expand. Each 2 oz bottle contains 100 mg of THC and comes in four flavors. Verano aims to capitalize on trends in non-alcoholic beverages and alternative cannabis products.

Verano Holdings, a Chicago-based cannabis operator, launched Easy Landings, a line of THC-infused drinks. Available in 2-ounce bottles with 100mg THC, they will debut in Illinois, Arizona, Nevada, and New Jersey dispensaries. The company's CMO cited growing consumer interest in cannabis alternatives to alcohol and potential regulatory changes as factors in the launch. Despite upcoming hemp THC restrictions, Verano expects its products to remain viable in legal marijuana states.

The article says Virginia will start regulated adult-use cannabis sales on July 1, 2027, with up to 350 retail dispensaries, and highlights Green Thumb Industries’ existing Virginia medical footprint. It cites Green Thumb Q2 2026 results: $306.7M revenue, $84.3M normalized EBITDA, $29M operating cash flow, $283.6M cash. It also notes Texas awarded conditional licenses to Trulieve and Green Thumb.

Verano Holdings Corp. (VRNO) filed an SEC Form 8-K — Results of Operations and Financial Condition. Verano Announces Strong Second Quarter 2026 Financial Results Highlighted by $218 Million in Revenue Company delivers third consecutive quarter of revenue gains and improved cash flow from operations driven by organic growth CHICAGO, August 5, 2026 (GLOBE NEWSWIRE) – Verano Holdi

According to recent Federal Election Commission filings, major cannabis firms Verano, Curaleaf, Trulieve and Vision Management Services each donated $2.5 million to the Trump-aligned America First Agriculture Action Inc. Ascend Wellness and Arboretum Bidco added $500,000 and $1 million. Trulieve also gave $250,000 to another GOP super PAC. The article links the spending to lobbying over hemp versus marijuana regulation.

AMD said at Advancing AI 2026 that it will launch next year two EPYC Zen 6-based server CPUs for AI and HPC. The EPYC Venice-X adds 3D V-Cache, targeting up to 96 cores and 1152 MB L3, and is set for Microsoft Azure HXv2. EPYC Verano targets agentic workloads with up to 72 cores and SOCAMM2 LPDDR5X memory.

Verano Holdings Corp. said it will release second-quarter 2026 financial results for the period ended June 30, 2026 before market open on Aug. 5, 2026. The company scheduled a conference call and webcast that day at 8:30 a.m. ET. Verano’s common stock is temporarily trading on OTCQX as “VRNOD” and will revert to “VRNO” around July 9, 2026.