Verano Strengthens Connecticut Retail Footprint with the Opening of Zen Leaf Naugatuck, the Company’s Third Social Equity Joint Venture Location and Fifth Dispensary Statewide - Seite 2

Zen Leaf provides a variety of convenient ordering options - including online pre-orders, in-store kiosk and walk-up counter ordering - and also offers a number of exciting promotions across all CT locations, including a daily 22% off discount for Veterans, 20% “Medical Monday” discounts for medical patients, and 25% off first orders after downloading the Zen Leaf mobile app.

Verano’s expanding vertical operations in Connecticut encompass CTPharma, a state-of-the-art, 217,000 square foot cultivation and processing facility in Rocky Hill that produces a variety of Connecticut’s most popular cannabis products, and Zen Leaf dispensaries in Meriden (hybrid), Newington (hybrid), Norwich (hybrid) and Waterbury (presently medical-only). Including Zen Leaf Naugatuck, Zen Leaf Newington and Zen Leaf Norwich, the Company plans to open a total of six equity joint venture dispensaries across Connecticut with social equity partners, subject to obtaining all customary approvals, which would raise Verano’s total retail footprint to eight stores statewide.

Members of the media can access downloadable images, corporate information and an archive of Company press releases via Investors.Verano.com.

About Verano

Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNOF), one of the U.S. cannabis industry’s leading companies based on historical revenue, geographic scope and brand performance, is a vertically integrated, multi-state 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 MÜV dispensary banners, including Cabbage Club, an innovative annual membership program offering exclusive benefits for cannabis consumers. Verano produces a comprehensive suite of high-quality, regulated cannabis products sold under its diverse portfolio of trusted consumer brands including Verano, (the) Essence, MÜV, Savvy, BITS, Encore, and Avexia. Verano’s active operations span 13 U.S. states, comprised of 14 production facilities with over 1,000,000 square feet of cultivation capacity. Learn more at Verano.com.