Andrew Semple

Kenric Tyghe

Matt Bottomley

Russell Stanley

Scott Fortune

Matt McGinley

Spencer Hanus

Aaron Gray

Aaron Grey

Camilo Lyon

Mackenzie Boydston

Matthew Baker

Neal Gilmer

- Verano Holdings Corp. secured a **US $75,000,000 revolving credit facility** on **September 30, 2025**, with Chicago Atlantic Admin, LLC acting as the administrative agent.  **[1848416_0001493152-25-016466_ex99-1.htm:0]** **[1848416_0001493152-25-016466_ex10-1.htm:0]** 
- The company immediately drew **US $50,000,000** from this facility to retire an equal amount of higher interest rate debt from its existing senior secured credit facility without incurring any prepayment penalty.  **[1848416_0001493152-25-016466_ex99-1.htm:0]** 
- The Revolver carries a floating annual interest rate of **SOFR plus 6%** (subject to a **4% SOFR floor**) and is set to mature on **September 29, 2028**.  **[1848416_0001493152-25-016466_ex99-1.htm:0]** 
- The remaining **US $25,000,000** from the facility is available to fund strategic initiatives, and it is secured by selected real estate.  **[1848416_0001493152-25-016466_ex99-1.htm:0]**

Verano Secures $75 Million Revolving Credit Facility

Verano Holdings (VRNOF)