I would like to welcome you to the 2026 Annual Meeting of Stockholders of Verano. My name is George Archos, and I am the Chairman, Chief Executive Officer, and President of the company. I will chair today's meeting, which I now call to order. I will ask Aaron Miles, our Chief Investment Officer, to provide an overview of the conduct of today's meeting. Thank you, George. The persons entitled to vote at this meeting are the holders of shares of the company's common stock or their validly appointed proxy nominees as of the record date of April 24th, 2026. As this meeting is being held virtually via live audio cast, we think it is appropriate to set out a few rules for the orderly conduct of the meeting. The company has posted rules of conduct for the meeting on the virtual meeting portal, which you may access during the meeting. For the purposes of this meeting, voting on all matters will be conducted by electronic ballot through the virtual meeting portal. Only stockholders of record as of the record date or their validly appointed proxies who are logged into the meeting using their 16-digit control number may vote during this meeting. Voting on each proposal will occur after the presentation of the proposals. Any votes cast by electronic ballot during the meeting will supersede any votes previously submitted by proxy. Therefore, we recommend that stockholders that have already voted by proxy and do not wish to change their vote do not vote during the meeting. Please note that if we experience technical issues such as a loss of audio or webcast connection, we ask that stockholders stand by for at least 15 minutes and allow us time to try to resolve the issue and resume the meeting. If we are unable to continue the meeting but the polls have already closed, all votes received prior to the interruption will be deemed to have been validly cast and will be counted. The meeting will not be reconvened and will be deemed to have been validly completed, and the vote results will be announced publicly. When you are asked to vote on the virtual meeting platform, please click on the Vote Here button to view the proxy selections and complete the voting process. You will only have a certain amount of time to vote when the polls are open. Once the electronic balloting closes, the voting page will disappear, and your votes will automatically be submitted. We will provide you with preliminary voting results for all proposals at the end of the meeting. For specific vote tabulations, a final report of voting results will be posted to our website and on the company's SEC profile page and its SEDAR+ profile page after the meeting. Please note that those in attendance registered as guests are not able to move motions, submit any questions, vote, or take any action at the meeting. Questions or objections in respect of a proposal presented during the meeting can be submitted by validly registered stockholder logged into the meeting using their 16-digit control number. You may submit your questions regarding a proposal at any time during the meeting. Please note that there may be a delay before the moderators will be able to see a submitted question. Questions must be limited to today's proposals, and please keep your questions short and to the point. Although questions regarding the proposals can be submitted throughout the meeting, the questions may be addressed at various times during the meeting or after the formal portion of the meeting is completed. For each question we answer, we will read the question and provide an oral response. Any questions which we believe were already answered or that are redundant, repetitive, or do not pertain to the proposals before the meeting will not be answered during the meeting. Today's meeting is being conducted in conformity with the laws of the State of Nevada and the company's articles of incorporation and bylaws. Laura Kalesnik, General Counsel, Chief Legal Officer, and Secretary of the company, will act as Secretary of the meeting. James Alden from American Election Services has been appointed the Inspector of Elections of this meeting. He has taken his oath, which has been filed with the company records. The purpose of today's meeting is set out in the company's proxy statement dated April 29th, 2026. The company has received an affidavit of distribution from Broadridge Financial Solutions, stating that the notice of annual stockholders meeting and the accompanying proxy materials and the annual report on Form 10-K were distributed to our stockholders of record commencing on May 7th, 2026. Copies of these documents will be retained with the records of this meeting. The Inspector of Elections has provided me with the preliminary report regarding stockholder attendance at the meeting. I have been advised by the Inspector of Elections that there are sufficient stockholders here in person or represented by proxy who, in the aggregate, hold a sufficient number of shares of common stock to constitute a quorum. I direct that the formal Inspector of Elections report be included in the minutes of this meeting. I now declare that the meeting has been duly called and properly constituted for the transaction of business. I will now instruct Broadridge to open the polls for all voting matters of the meeting. The polls will be open for the duration of the meeting. The first proposal to come before the meeting is a proposal for the election of five directors. The five directors to be elected will hold office until the close of the company's next annual meeting of stockholders or until his or her successor is duly elected or appointed. The company's existing directors have been nominated as directors for the ensuing year or until their successors are elected or appointed. The directors are George Archos, Lawrence Hirsh, Charles Mueller, Cristina Nunez, and John Tipton. The second proposal is to approve on a non-binding advisory basis the compensation paid to the company's named executive officers as disclosed in the company's proxy statement for this meeting. The third proposal is ratification of the appointment of MGO as the company's independent registered public accounting firm for the year ending December 31st, 2026. The fourth and final proposal before the meeting is the re-approval of the Verano Holdings Corp Stock and Incentive Plan and all unallocated entitlements thereunder, and that the company be able to grant awards under the plan until June 18th, 2029. At this time, please submit any questions specifically relevant to one of the proposals. If there are no questions related to the proposals before the meeting, we will proceed to vote. As there are no questions on the proposals, we will now proceed with voting. I call upon Laura Kalesnik to make a motion with respect to the proposals before the meeting. I move that the five nominees be elected as directors of the company and that the other three proposals before the meeting be approved. I second that motion. Stockholders, you have heard the motion. If you've already voted, you do not need to vote today unless you wish to change your vote. If you have not voted or if you want to change your vote, you may do so now in the meeting portal using the Vote Here button. We will close the poll shortly, please submit your votes now. I will now instruct Broadridge to close the polls for all voting matters of the meeting. The polls are now closed. I have been informed by the Inspector of Election that while the official voting results may take several days to tabulate, based on the preliminary voting results, each of the director nominees has been elected as a director of the company, each of the other proposals has been approved. As there is no further business, I now declare the meeting closed. I would like to thank you for attending the meeting. We greatly value our stockholders and appreciate you taking the time to cast your votes. I look forward to providing a company update on our second quarter earnings. The conference has now concluded. Thank you for attending today's presentation. You may now disconnect.
Loading workspace