Verano Holdings (VRNO) Market Capitalization (2021 - 2026)
Verano Holdings (VRNO) posted Market Capitalization of $2.4 billion for Q3 2026, down 4.3% from $2.5 billion a year earlier and down 15.5% from the prior quarter.
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Analysis
Verano Holdings (VRNO) Market Capitalization (2021 - 2026) Analysis & Trends
For FY2025, Verano Holdings' Market Capitalization came in at $2.29 billion, down 15.3% from FY2024.
- Annual Market Capitalization shows a four-year compound annual growth rate of -42.1% (FY2021 to FY2025).
- In prior years, Verano Holdings' Market Capitalization was $2.7 billion in FY2024 (-81.9%), $14.93 billion in FY2023 (+43.6%), $10.4 billion in FY2022 (-49.0%) and $20.4 billion in FY2021.
- Quarterly Market Capitalization has run from a low of $1.08 billion in Q2 2025 to a high of $20.4 billion in Q4 2021 over five years.
- On a year-over-year basis, Market Capitalization increased in two of the last eight quarters, with an average decline of 17.1%.
- The strongest year-over-year quarter for Market Capitalization in the past five years was Q2 2026, with growth of 162.2%; the weakest was Q1 2025, with a decline of 89.1%.
- According to Business Quant data, Market Capitalization for the three prior quarters was $2.83 billion (Q2 2026), $2.02 billion (Q1 2026) and $2.29 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 310.09 Bn | 289.08 Bn | 7.85 Bn |
| 2 | British American Tobacco p.l.c | 143.09 Bn | 119.75 Bn | - |
| 3 | Altria | 130.85 Bn | 117.83 Bn | 3.94 Bn |
| 4 | RLX Technology | 2.40 Bn | -1.35 Bn | 52.74 Mn |
| 5 | Curaleaf Holdings | 2.08 Bn | 1.70 Bn | 170.48 Mn |
| 6 | Trulieve Cannabis | 1.86 Bn | 595.66 Mn | 148.02 Mn |
| 7 | Verano Holdings | 1.83 Bn | 1.48 Bn | 100.04 Mn |
| 8 | Green Thumb Industries | 1.49 Bn | 262.73 Mn | 146.79 Mn |
| 9 | Cronos | 1.24 Bn | -1.90 Bn | 32.28 Mn |
| 10 | Turning Point Brands | 1.10 Bn | 187.99 Mn | 85.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.40 Bn |
| Jun 30, 2026 | 2.84 Bn |
| Mar 31, 2026 | 2.02 Bn |
| Dec 31, 2025 | 2.29 Bn |
| Sep 30, 2025 | 3.00 Bn |
| Jun 30, 2025 | 1.08 Bn |
| Mar 31, 2025 | 1.41 Bn |
| Dec 31, 2024 | 2.70 Bn |
| Sep 30, 2024 | 7.23 Bn |
| Jun 30, 2024 | 7.81 Bn |
| Mar 31, 2024 | 12.89 Bn |
| Dec 31, 2023 | 14.93 Bn |
| Sep 30, 2023 | 15.17 Bn |
| Jun 30, 2023 | 9.83 Bn |
| Mar 31, 2023 | 9.73 Bn |
| Dec 31, 2022 | 10.40 Bn |
| Sep 30, 2022 | 7.82 Bn |
| Jun 30, 2022 | 9.40 Bn |
| Mar 31, 2022 | 16.30 Bn |
| Dec 31, 2021 | 20.40 Bn |
API Access
Verano Holdings Market Capitalization API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=market-capitalization&ticker=VRNO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "VRNO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=VRNO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();