Amount Raised
$195 Million
Round Type
Debt Financing
Investors
Description
On March 12, 2026, Verano Holdings Corp. announced the successful closing of a senior secured term loan worth $195 million. This loan is part of a new credit agreement that will provide the company with the necessary capital to support its ongoing operations and growth initiatives. The financing will enable Verano to further expand its footprint in the cannabis industry
Quick answer
Verano raised $195 Million in a Debt Financing round, dated March 12, 2026. Investors: Needha. Verano is based in Chicago, Illinois, United States.
- How much did Verano raise?
- Verano raised $195 Million in a Debt Financing round on March 12, 2026.
- Who invested in Verano?
- Needha is named as investors in this round.
- What does Verano do?
- Verano is a Chicago-based multistate cannabis operator that specializes in the cultivation, production, and distribution of cannabis products.
- Where is Verano based and how big is it?
- Verano is based in Chicago, Illinois, United States.
- Who are the decision-makers at Verano?
- Fundz holds 4 contacts at Verano, including the Director, Talent Acquisition. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Agriculture and Farming and Cannabis around the same time
Companies in the same sectors as Verano that raised within 45 days of this round, from Fundz verified event records.
- AuX Labs raised $4M (Seed) on April 21, 2026.
- Lucid Group raised $1.1B (Post-IPO Equity) on April 15, 2026.
- Sow Good raised $1.5M (Funding Round) on March 31, 2026.
- Elmed Life Sciences raised $2.7M (Seed) on March 26, 2026.
- Cauldron raised $13M (Series A) on March 24, 2026.
- Purebase raised $1M (Debt Financing) on March 2, 2026.
Who to call at Verano, and when
A new round usually means Verano is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Verano raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Verano, from your own LinkedIn network
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Fundz sees it the moment Verano raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Verano raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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