CA - What Has Verano So Optimistic About The Cannabis Industry?
2024-05-14 08:30:00 ET
Summary
- Verano CEO George Archos and CIO Aaron Miles are optimistic about the cannabis industry and excited about the potential in Florida, Ohio, and Pennsylvania.
- Looking at state-level changes; preparing for federal regulation to improve.
- Transparency in earnings and what metrics they're each focused on.
Listen here or on the go via Apple Podcasts and Spotify .
Verano ( VRNOF ) CEO George Archos and CIO Aaron Miles on recent earnings and why they're the most optimistic they've been (0:45). Company transparency like state by state data (7:50) and what metrics they're each focused on (12:05). Why they're so excited about Florida, Ohio and Pennsylvania (14:35). The federal regulation roller coaster (21:05).
Transcript
Rena Sherbill: Okay. We've got the Verano team on the podcast today. We've got Verano Founder and CEO, George Archos, and a friend of the podcast who's been on before, Aaron Miles, the Chief Investment Officer. Welcome to the podcast, George and Aaron. Thanks for coming on.
Aaron Miles: Thanks for having us.
George Archos: Thanks for having us.
RS : I'd love it if you shared with us - you’re fresh off a pretty nice earnings call that investors are dissecting as we speak. Give maybe a line or two about where you're at with Verano, and in general, how you're looking at the cannabis sector just broadly speaking as we lay it out there?
GA : Where are we at with Verano? That's a good question. I mean, we just came off the Q , so we let everyone know how excited we are about the industry. Probably the most optimistic we've been in our 10 year run here. This is our 10th year in cannabis, so it's very, very monumental year from all different types of perspectives.
And the biggest thing, and Aaron can touch on this, is obviously, you know, everyone on top of mind is DEA , DEA, DEA. I think this could be the year where we get our big break, right? And cannabis gets that push that it does so deserves....
What Has Verano So Optimistic About The Cannabis Industry?