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    Mackenzie Boydston

    Research Analyst at BTIG

    Mackenzie Boydston is an Investment Banking Associate at BTIG, focusing on the consumer and retail sectors with notable analysis of companies such as Verano Holdings and contributions to research on retail inventory and performance trends. Since joining BTIG in 2022, she has actively participated in earnings calls and delivered sector insights used in industry discussions, although specific investment performance metrics or analyst rankings are not publicly documented. Boydston began her finance career after earning her undergraduate degree in 2016 and has developed expertise in retail market dynamics during her tenure at BTIG. She holds current securities licenses and is registered with FINRA, ensuring compliance with industry standards.

    Mackenzie Boydston's questions to Verano Holdings (VRNOF) leadership

    Mackenzie Boydston's questions to Verano Holdings (VRNOF) leadership • Q4 2021

    Question

    Mackenzie Boydston of BTIG inquired about Verano's current market standing and production ramp in Illinois. She also asked for an update on the closing timeline for the Goodness Growth acquisition and the potential market appetite for the Maryland assets that must be divested.

    Answer

    CEO George Archos reported that Illinois operations are improving with the introduction of the mid-tier 'Essence' brand, though market share recovery is hampered by litigation delaying new store openings. He anticipates the Goodness Growth transaction will close in Q4, potentially late Q4, and confirmed there is 'very strong' demand for the Maryland assets, with a formal divestiture process to begin soon.

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