Mr. George Archos reports

VERANO EXPANDS RETAIL PRESENCE ON FLORIDA'S EMERALD COAST WITH OPENING OF MÜV MIRAMAR BEACH, THE COMPANY'S 85TH FLORIDA DISPENSARY AND 162ND LOCATION NATIONWIDE

Verano Holdings Corp. will open MUV Miramar Beach on Friday, April 24, 2026, elevating the company's Florida retail footprint to 85 MUV locations and 162 dispensaries nationwide. Located at 13320 US-98, MUV Miramar Beach will be open Monday to Saturday from 9 a.m. to 8 p.m. and Sundays from 10 a.m. to 5 p.m., local time.

MUV Miramar Beach, located on a busy stretch of scenic Highway 98 with an average daily traffic count of 48,000 vehicles, is situated on Florida's Emerald Coast near numerous popular beach and tourist areas

Miramar Beach is the first MUV dispensary in Walton county, a region with over 93,000 residents, complementing existing MUV locations on Florida's Panhandle in Shalimar and Panama City Beach

Verano's active operations span 13 states, comprising 162 dispensaries, and 14 cultivation and processing facilities with more than 1.1 million square feet of cultivation capacity

In celebration of the grand opening, MUV Miramar Beach will host a ceremonial ribbon cutting prior to the store opening. This is the first MUV dispensary in Walton county, joining additional MUV locations in Florida's Panhandle region in Shalimar and Panama City Beach.

"We are thrilled to continue expanding our Florida operations and join the Walton County community with the grand opening of MUV Miramar Beach," said George Archos, Verano founder and chief executive officer. "We are grateful for the opportunity to support patients along Florida's Emerald Coast by providing compassionate care and our extensive portfolio of award-winning, top quality medical cannabis products in a warm and welcoming dispensary environment."

In recent months, Verano has introduced an array of new products and formats to its growing Florida portfolio, including the revolutionary Hyphen all-in-one vape pod system featuring a modular battery design that offers patients the freedom and flexibility to use a variety of oils, sizes and formats without the hassle of juggling between different devices. The company also launched Savvy 10-pack barrel-style prerolled joints that seamlessly combine quality and convenience, and its award-winning line of Avexia topicals featuring pain relief balms, lotions and bath soaks designed to alleviate localized pain in a variety of fast-acting formats that are carefully crafted with a special blend of high-quality cannabinoids and essential oils. Additionally, Verano's exclusive partnership with Flower by Edie Parker positions the company's 85 MUV locations as the only Florida medical cannabis dispensaries where patients can access the brand's popular accessories, Petal Puffer all-in-one vapes and one-gram vape cartridges.

MUV dispensaries feature online menus for effortless browsing of their extensive, award-winning product selection, including the company's signature Verano Reserve, MUV and Sweet Supply flower; Encore and MUV edibles; On the Rocks concentrates and extracts; (the) Essence, Savvy and MUV flower, prerolls and extracts; the Hyphen vape pod system, and more. In Florida, the company also offers one-on-one virtual and in-store consultations at no cost to patients, and provides patient-centric concierge services via phone, e-mail, Web chat and text to address patient inquiries.

About Verano Holdings Corp.

Verano Holdings, one of the United States 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 provides 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 Savvy, (the) Essence, Swift Lifts, Hyphen, Encore, Bits, Avexia, MUV, CTPharma and Verano. Verano's active operations span 13 U.S. states, comprising 14 production facilities with over 1.1 million square feet of cultivation capacity.

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