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Unaudited Interim Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Revenues, net of Discounts $ 216,683 $ 240,088 $ 660,379 $ 701,263
Cost of Goods Sold, net 107,586 106,868 323,982 343,668
Gross Profit 109,097 133,220 336,397 357,595
Operating Expenses        
Selling, General, and Administrative Expenses 92,327 86,316 269,690 246,224
Loss on Impairment - Investment in Associates 0 6,571 0 6,571
Total Operating Expenses 92,327 92,887 269,690 252,795
Loss from Investments in Associates 0 (45) 0 (306)
Income from Operations 16,770 40,288 66,707 104,494
Other Income (Expense):        
Loss on Disposal of Property, Plant and Equipment (604) (234) (747) (555)
Loss on Debt Extinguishment 0 0 (3,068) (663)
Interest Expense, net (12,771) (15,166) (42,122) (45,084)
Other Income (Expense), net (484) 2,145 (2,438) 2,542
Total Other Income (Expense), net (13,859) (13,255) (48,375) (43,760)
Income Before Provision for Income Taxes 2,911 27,033 18,332 60,734
Provision For Income Taxes (45,478) (44,797) (87,485) (100,796)
Net Loss Before Non-Controlling Interest (42,567) (17,764) (69,153) (40,062)
Net Income Attributable to Non-Controlling Interest 0 78 0 78
Net loss attributable to Verano Holdings Corp. and Subsidiaries $ (42,567) $ (17,842) $ (69,153) $ (40,140)
Net Loss per share - basic (in dollars per share) $ (0.12) $ (0.05) $ (0.20) $ (0.12)
Net Loss per share - diluted (in dollars per share) $ (0.12) $ (0.05) $ (0.20) $ (0.12)
Basic - weighted average shares outstanding (in shares) 351,168,596 343,432,601 346,727,978 342,484,942
Diluted - weighted average shares outstanding (in shares) 351,168,596 343,432,601 346,727,978 342,484,942