2 Reasons Verano's Ready for U.S. Cannabis Legalization
Veraano Holdings (OTC: VRNO.F), a top US cannabis operator, looks to be ready to take advantage of federal adult-use cannabis legalization, based on a few key metrics. But don't get too excited -- federal cannabis policy changes may still not be a sure thing. Here are two reasons why Verano could benefit if and when Uncle Sam makes its peace with the cannabis plant.
Verano has been expanding heavily in the third-largest medical cannabis market in the country, medical-only Florida ($1.2 billion annually). It now has 53 stores in the Sunshine State, almost half of its 107 dispensaries nationwide.When Florida goes legal, these will flip right over to adult-use locations.
Its other 54 vertically integrated outlets are located in 12 other states, including the following adult-use cannabis powerhouses:
Source Fool.com
