Mr. George Archos reports

VERANO EXPANDS PENNSYLVANIA RETAIL FOOTPRINT WITH THE OPENING OF ZEN LEAF NORRISTOWN, THE COMPANY'S 18TH AFFILIATED PENNSYLVANIA DISPENSARY AND 138TH RETAIL LOCATION NATIONWIDE

Verano Holdings Corp. will hold the grand opening of Zen Leaf Norristown, the company's 18th affiliated dispensary in Pennsylvania, on Friday, Feb. 16, 2024, following a ceremonial ribbon cutting at 11 a.m. local time. Zen Leaf Norristown is located at 436 Egypt Rd. and will be open Monday through Friday from 9 a.m. to 8 p.m., Saturday from 10 a.m. to 7 p.m. and Sunday from 10 a.m. to 6 p.m. local time.

The dispensary is located in Montgomery county, the second-largest county in the Commonwealth, with a total population of over 856,000. Situated at the site of a former bank, Zen Leaf Norristown includes a drive-through window for greater accessibility and convenience for on-line orders and large in-store kiosks and numerous point-of-sale stations to enhance the browsing and ordering experience for patients.

"Commemorating the opening of Zen Leaf Norristown is a significant milestone for Verano and our phenomenal team as we welcome patients to our 18th affiliated dispensary in the Commonwealth," said George Archos, founder and chief executive officer of Verano. "Opening Zen Leaf Norristown further enhances our footprint in this key market, and we're excited to invite patients to experience our welcoming patient-centric hospitality and explore our suite of high-quality cannabis products. We're grateful for the opportunity to serve Pennsylvania's robust medical cannabis community in the greater Philadelphia metropolitan area with the addition of Zen Leaf Norristown."

Zen Leaf Norristown adds another convenient outlet for Philadelphia area patients and extends Verano's footprint in the state as the company's 18th affiliated Pennsylvania dispensary. Verano's operations in the state also include a state-of-the-art, 62,000-square-foot cultivation and processing facility in Chester, where the company produces its signature Verano Reserve flower and troches, concentrates and vapes; (the) Essence and Savvy flower and extracts; and Avexia RSO (Rick Simpson oil) cannabis oil and topicals. For additional convenience and accessibility, patients can choose to order ahead at ZenLeafDispensaries.com for express in-store pickup.

About Verano Holdings Corp.

Verano Holdings, one of the U.S. cannabis industry's leading companies based on historical revenue, geographic scope and brand performance, is a vertically integrated, multistate operator embracing a mission of saying yes to plant progress and the bold exploration of cannabis. Verano offers a superior cannabis shopping experience in medical and adult-use markets under the Zen Leaf and MUV dispensary banners and produces a comprehensive suite of high-quality, regulated cannabis products sold under its diverse portfolio of trusted consumer brands, including Verano, MUV, Savvy, Bits, Encore and Avexia. Verano's active operations span 13 U.S. states, comprising 14 production facilities with over one million square feet of cultivation capacity.

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