EXCLUSIVE: Verano CIO Aaron Miles Says Company Is 'Strategically Building' As Crucial Markets Come Online

Verano Holdings Corp (OTC: VRNOF) CIO Aaron Miles tells Benzinga that he and the Chicago-based MSO have been able to in the often tumultuous cannabis market through market experience and strategic execution. As such, he believes the company is well-positioned to thrive going forward.

The company has seen a busy past 12 or so months. Activity includes a December 2021 go-public transaction in Canada with 1276268 B.C. Ltd., reportedly for US$100 million. Verano completed the reverse takeover of Alberta-based Majesta Minerals Inc. as part of the deal.

In all the company has announced 16 deals in the past year or so, with 14 closed as of mid-April 2022. Deals include the February 2021 closure of the AltMed deal, first announced in November 2020.

"The number of acquisitions being 16 kind of overshadows how disciplined of a buyer we actually are in how much we are strategically building," said Miles, calling the company's strategy deliberate.

Other finalized agreements include the December 2021 acquisitions of Caring Nature, LLC and Pharmaceutical Solutions, Inc., first announced the month prior.

More recently, in February 2022, the company announced plans to acquire Goodness Growth Holdings Inc (OTC: GDNSF) in a $413 million all-stock deal.

With …

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More EXCLUSIVE: Verano CIO Aaron Miles Says Company Is 'Strategically Building' As Crucial Markets Come Online