Destiny Thompson - Verano Holdings Chief Officer

VRNOF Stock  USD 1.46  0.09  5.81%   

Insider

Destiny Thompson is Chief Officer of Verano Holdings Corp
Age 42
Phone312 265 0730
Webhttps://www.verano.com

Verano Holdings Management Efficiency

The company has return on total asset (ROA) of 0.0291 % which means that it generated a profit of $0.0291 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0103) %, meaning that it generated substantial loss on money invested by shareholders. Verano Holdings' management efficiency ratios could be used to measure how well Verano Holdings manages its routine affairs as well as how well it operates its assets and liabilities.
Verano Holdings Corp has accumulated 276.15 M in total debt with debt to equity ratio (D/E) of 0.31, which is about average as compared to similar companies. Verano Holdings Corp has a current ratio of 0.48, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Verano Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Verano Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Verano Holdings Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Verano to invest in growth at high rates of return. When we think about Verano Holdings' use of debt, we should always consider it together with cash and equity.

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Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. As of May 10, 2022, it operated 96 retail dispensaries, and 13 cultivation and processing facilities. Verano Hldgs operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 3888 people. Verano Holdings Corp [VRNOF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Verano Holdings Corp Leadership Team

Elected by the shareholders, the Verano Holdings' board of directors comprises two types of representatives: Verano Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Verano. The board's role is to monitor Verano Holdings' management team and ensure that shareholders' interests are well served. Verano Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Verano Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
John Tipton, President
Julianna CFA, Director Relations
David Spreckman, Ex Marketing
Aaron Miles, Chief Officer
Samuel Dorf, CoFounder Officer
George Archos, Chairman Founder
Darren Esq, Chief COO
Brett Summerer, Chief Officer
Destiny Thompson, Chief Officer

Verano Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Verano Holdings a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Information on Investing in Verano OTC Stock

Verano Holdings financial ratios help investors to determine whether Verano OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Verano with respect to the benefits of owning Verano Holdings security.