EARNINGS (LOSSES) PER SHARE

6 Months Ended

Jun. 30, 2022


6.EARNINGS (LOSSES) PER SHARE

The Company presents basic earnings (losses) per share. Basic earnings (losses) per share is calculated by dividing the earnings (loss) attributable to shareholders by the weighted average number of Subordinate Voting Shares (on an as converted to Subordinate Voting Shares basis) outstanding during the periods presented.

The computations of net earnings (loss) per share on a basic basis, including reconciliations of the numerators and denominators, were as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Numerator
Net Loss attributable to Verano Holdings Corp.	$	(9,847)	$	(29,688)	$	(10,061)	$	(37,574)

Denominator
Basic
Pre-RTO weighted-average shares outstanding							158,203,932
Post-RTO weighted-average shares outstanding			300,715,671				297,365,427
Weighted-average shares outstanding – basic	328,519,193		300,715,671		327,402,503		265,842,657

Diluted
Pre-RTO weighted-average shares outstanding							158,203,932
Post-RTO weighted-average shares outstanding			300,715,671				297,365,427
Weighted-average shares outstanding – diluted	328,519,193		300,715,671		327,402,503		265,842,657

Basic earnings per share	$	(0.03)	$	(0.10)	$	(0.03)	$	(0.14)
Diluted earnings per share	$	(0.03)	$	(0.10)	$	(0.03)	$	(0.14)