Mr. John Tipton reports

VERANO ANNOUNCES THE OPENING OF MUV MIAMI KENDALL, THE COMPANY'S FIRST MEDICAL CANNABIS DISPENSARY IN MIAMI-DADE COUNTY AND 68TH FLORIDA LOCATION

Verano Holdings Corp. will open MUV Miami Kendall on Friday, June 2, the company's 68th Florida dispensary and 129th retail outlet nationwide. MUV Miami Kendall -- Verano's first dispensary in Miami-Dade county -- is located at 9711 SW 77th Ave., and will be open Monday through Saturday from 9 a.m. to 7 p.m. and Sunday from 11 a.m. to 5 p.m., local time.

As Verano's first dispensary in Miami-Dade county, MUV Miami Kendall brings the company's signature hospitality and wide variety of high-quality cannabis products to Florida's largest and most densely populated metropolitan area. With a population of nearly 2.7 million residents and more than 24 million annual tourists, MUV Miami Kendall adds another convenient dispensary to complement the company's existing outlets along the Atlantic Seaboard in southeast Florida, including locations in Hollywood, Tamarac, Deerfield Beach, Boynton Beach, Wellington and West Palm Beach.

"Opening our first MUV dispensary in Miami-Dade county is a huge milestone for Verano that will allow us to better serve patients in Florida's most populated metropolitan area," said John Tipton, president of Verano. "Our entrance into the Miami market builds on the strong momentum we've developed in recent years by introducing new brands and products, and continuing our rapid footprint growth across Florida, demonstrated by the 26 stores we've opened in the Sunshine State since the beginning of 2022. We are thrilled to welcome patients at MUV Miami Kendall and look forward to serving our wide variety of high-quality cannabis products in this important market."

As a demonstration of Verano's commitment to provide a convenient and reliable experience for Florida patients, MUV dispensaries feature on-line menus for effortless browsing of their extensive, award-winning product selection, including the company's signature Verano Reserve, MUV, Savvy and Sweet Supply flower, Encore edibles, and a variety of extracts and concentrates. The company also offers one-on-one virtual and in-store consultations at no cost to patients and provides patient-centric concierge services by phone, e-mail, Web chat and text to address patient questions and inquiries. For additional convenience and accessibility, patients can choose to order ahead on-line or through the MUV mobile application available in the Google Play and Apple App stores for express in-store pickup.

MUV's comprehensive product selection includes edibles, chocolates and lozenges, flower, prerolls, an array of vaporizer pens, concentrates, metered-dose inhalers, topicals, and oral sprays, along with patented encapsulation formulations in its EnCaps capsules, tinctures, 72-hour transdermal patches and transdermal gels.

About Verano Holdings Corp.

Verano is a leading, vertically integrated, multistate cannabis operator in the United States, devoted to the continuing improvement of communal wellness by providing responsible access to regulated cannabis products. With a mission to address vital health and wellness needs, Verano produces a comprehensive suite of high-quality, innovative cannabis products sold under its trusted portfolio of consumer brands, including Verano, MUV, Savvy, Bits, Encore and Avexia. Verano's portfolio encompasses 14 U.S. states, with active operations in 13, including 14 production facilities comprising over one million square feet of cultivation capacity. Verano designs, builds and operates dispensaries under retail brands including Zen Leaf and MUV, delivering a superior cannabis shopping experience in both medical and adult use markets.

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