Cannabis Legalization In Key States Will Expand Retail Footprint

Verano Holdings’ consensus price target was revised downward, primarily reflecting a sharp increase in its future P/E multiple and stagnant discount rate, resulting in a lower fair value estimate of CA$4.21. What's in the News Verano Holdings launched a new bodega-style dispensary format at its Zen Leaf Phoenix-Cave Creek location in Arizona, aiming to modernize and enhance the cannabis retail experience.

Despite meaningful improvements in both revenue growth and net profit margin forecasts, the consensus analyst price target for Verano Holdings has been revised downward from CA$4.46 to CA$4.23. What's in the News Verano Holdings launched a new bodega-style retail dispensary format at its Zen Leaf Phoenix-Cave Creek location in Arizona, enhancing customer interaction and convenience.

AnalystConsensusTarget has increased profit margin from 0.7% to 1.1% and decreased future PE multiple from 371.5x to 235.4x.

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget has increased discount rate from 7.0% to 8.3%.

AnalystConsensusTarget has decreased profit margin from 2.7% to 0.7%, increased future PE multiple from 74.2x to 349.4x, decreased discount rate from 8.2% to 7.0% and increased shares outstanding growth rate from 0.0% to 0.0%.