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Verano Holdings Corporation (VRNOF) Q3 2024 Earnings Call Transcript

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Verano Holdings Corporation (VRNOF) Q3 2024 Earnings Call Transcript

Aaron Grey - Alliance Global Partners

Russell Stanley - Beacon Securities

Nick Anderson - ROTH MKM

Frederico Gomes - ATB Capital Markets

Matt Bottomley - Canaccord Genuity

Andrew Semple - Ventum Capital Markets

Hello, everyone, and welcome to Verano Holdings Corp. Third Quarter 2024 Earnings Conference Call. Please note that this call is being recorded. [Operator Instructions]

I'd now like to hand over to our first speaker for today, Julianna Paterra, Vice President of Investor Relations. You may now begin.

Julianna Paterra

Thank you, and good morning, everyone. Welcome to Verano's Third Quarter 2024 Earnings Conference Call. I am joined today by George Archos, Founder and Chief Executive Officer; Brett Summerer, Chief Financial Officer; Darren Weiss, President; and Aaron Miles, Chief Investment Officer.

During this call, we will discuss our business outlook and make forward-looking statements within the meaning of applicable U.S. and Canadian securities laws, which are based on management's current assumptions and expectations. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance and achievements of the business or developments in the company's industry to differ materially from those implied by such forward-looking statements.

Actual events or results could differ considerably due to risks and uncertainties mentioned in our filings at EDGAR and SEDAR, including our financial statements for the quarter ended September 30, 2024. In addition, throughout today's discussion, we will refer to non-GAAP financial measures that do not have any standardized meaning prescribed by GAAP. Management believes non-GAAP results are useful to enhance the understanding of the company's ongoing performance, but these

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