5 Most Profitable Pot Stocks Now

4. Verano Holdings Corp. (OTC:VRNOF)

TTM Adjusted Operating Income: $116.3 million

Verano Holdings Corp. (OTC:VRNOF) is a Chicago, Illinois-based multi-state and vertically integrated cannabis company that owns brands like Verano, Avexia, BITS, Encore, MUV, and Savvy.

The company has a presence in 14 states in the US through 123 operational retail locations and a cultivation capacity of 1 million sqft. The company’s brands are also sold through 500 retail outlets through the wholesale distribution model. Verano Holdings Corp. (OTC:VRNOF) is also planning to expand its operations through 130 new locations. On February 10, Pablo Zuanic at Cantor Fitzgerald gave Verano Holdings Corp. (OTC:VRNOF) an Overweight rating and a price target of $10. The analyst shared that Verano Holdings Corp. (OTC:VRNOF) is currently the fourth largest multi-state cannabis operator (MSO) in terms of sales and EBITDA and has healthy EBITDA margins due to its strong presence in states such as Florida and New Jersey with favorable economic conditions.