# EDGAR Filing Document

**Accession Number:** 0001848416
**File Stem:** 0001641172-25-017651
**Filing Date:** 2025-7
**Character Count:** 10854
**Document Hash:** 7b95fb268645ebf1b01cd52c67fe40bf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001641172-25-017651.hdr.sgml**: 20250702

**ACCESSION NUMBER**: 0001641172-25-017651

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250701

**FILED AS OF DATE**: 20250702

**DATE AS OF CHANGE**: 20250702

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Leventis James Angelo
- **CENTRAL INDEX KEY:** 0002075714

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-56342
- **FILM NUMBER:** 251103472

**MAIL ADDRESS:**
- **STREET 1:** 224 WEST HILL STREET, SUITE 400
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60610
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Verano Holdings Corp.
- **CENTRAL INDEX KEY:** 0001848416
- **STANDARD INDUSTRIAL CLASSIFICATION:** AGRICULTURE PRODUCTION - CROPS [0100]
- **ORGANIZATION NAME:** 08 Industrial Applications and Services
- **EIN:** 981583243
- **STATE OF INCORPORATION:** A1
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 224 W HILL STREET
- **STREET 2:** SUITE 400
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60610
- **BUSINESS PHONE:** 312-265-0730

**MAIL ADDRESS:**
- **STREET 1:** 224 W HILL STREET
- **STREET 2:** SUITE 400
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60610

## Exhibit 24.1

**Exhibit 24.1**

**VERANO HOLDINGS CORP.**

**LIMITED POWER OF ATTORNEY**

Pursuant to this Limited Power of Attorney (this "<u>Power of Attorney</u>"), I, James Leventis, do hereby make, constitute and appoint **Laura Marie Kalesnik, Kevan Fisher, Hannah Kropp and Sarah Kim** (individually and collectively, "<u>my Attorney</u>"), and each of them acting individually, with full powers of substitution, as my true and lawful attorneys for the purposes set forth herein, effective as of the date set forth below. This Power of Attorney shall be governed by and construed in accordance with the laws of the State of Illinois.

I hereby grant to my Attorney, for me and in my name, place and stead, the powers set forth below, granting unto my Attorney the authority to perform each and every act and thing requisite, necessary or proper to be done in the exercise of such powers, as fully to all intents and purposes as I might or could do in person, hereby ratifying and confirming any such action that my Attorneys, and any substitutes therefor, each acting alone, may lawfully do or cause to be done by virtue hereof:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. to
 execute, for and on my behalf, in my capacity as an "applicant," the Form ID and any other documents required in connection
 with creating a new EDGAR account;

2. to
 execute, for and on my behalf, in my capacity as an " <u>officer</u> " (within the meaning of Rule 16a-1(f) of the Securities
 Exchange Act of 1934, as amended (together with the rules and regulations promulgated thereunder, the " <u>Exchange Act</u> "))
 or director of Verano Holdings Corp. (the " <u>Company</u> "), Form 3, Form 4 and Form 5, and any amendments thereto, in
 accordance with Section 16(a) of the Exchange Act;

3. to
 execute, for and on my behalf, if I am determined to be an "affiliate" of the Company under Rule 144 of the Securities
 Act of 1933, as amended (together with the rules and regulations promulgated thereunder, the " <u>Securities Act</u> ")),
 Form 144, and any amendments thereto, in accordance with Rule 144 of the Securities Act;

4. to
 execute, for and on my behalf, in my capacity as a "reporting insider" (within the meaning of National Instrument 55-104
 – *Insider Reporting Requirements and Exemptions*) of the Company, System for Electronic Disclosure by Insiders (" <u>SEDI</u> ")
 the insider profile and insider reports, and any amendments thereto, required under applicable securities legislation;

5. to
 execute, for and on my behalf, in my capacity as an "acquiror" (within the meaning of National Instrument 62-103 – *The Early Warning System and Related Take-Over Bid and Insider Reporting Issues*) of securities of the Company, the Form 62-103F1
 - *Required Disclosure under the Early Warning Requirements*, and any amendments thereto, required under applicable securities
 legislation;

6. to
 do and to perform all acts for and on my behalf that may be necessary or desirable to complete and execute any such Form 3, Form
 4, Form 5, the insider profile and insider reports, and any amendments thereto, and to timely file such form or amendment with the
 United States Securities and Exchange Commission (the " <u>SEC</u> "), SEDI and any stock exchange or similar authority;
 and

7. to
 take any other action of any type that, in the reasonable determination of my Attorney, is necessary or desirable in connection with
 the foregoing grant of authority, it being understood that the documents executed by my Attorney pursuant to this Power of Attorney
 shall be in such form and shall contain such terms and conditions as my Attorney may approve.

This Power of Attorney and the authority of my Attorney and any substitutes therefor hereunder shall not terminate on my disability but shall remain in full force and effect for so long as I am an officer, director or reporting insider of the Company and for such time thereafter as may be necessary to file any such Form ID, Form 3, Form 4, Form 5, Form 144, Form 62-103F1, the insider profile and insider reports, and any amendments thereto, relating to the period during which I served as an officer, director or reporting insider of the Company, unless earlier revoked by me in a signed writing delivered to each of my Attorneys and any substitutes therefor. This Power of Attorney may be filed with the SEC or other applicable securities regulator as a confirming statement of the authority granted herein.

IN WITNESS WHEREOF, I have hereunto set my hand as of the date set forth below.

 

---

| |
|:---|
| */s/ James Leventis* |
| James Leventis |
| Dated:6/25/2025<u> </u> |

---

[Signature Page to Power of Attorney]

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Leventis James Angelo<br><sub>(Last) (First) (Middle)</sub><br>224 WEST HILL STREET, SUITE 400<br><sub>(Street)</sub><br>CHICAGO, IL 60610<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>Verano Holdings Corp. [ VRNOF ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2025-07-01 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [ ] 10% Owner<br>[X] Officer (give title below)   [ ] Other (specify below)<br>_See Remarks_ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |
| Class A Subordinate Voting Shares | 129719 | D |  |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| Restricted Stock Units<sup>(1)</sup> | <sup>(2)</sup> | <sup>(2)</sup> | Class A Subordinate Voting Shares | 25052 | $0 | D |  |
| Restricted Stock Units<sup>(3)</sup> | <sup>(4)</sup> | <sup>(4)</sup> | Class A Subordinate Voting Shares | 33064 | $0 | D |  |
| Restricted Stock Units<sup>(5)</sup> | <sup>(6)</sup> | <sup>(6)</sup> | Class A Subordinate Voting Shares | 39319 | $0 | D |  |
| Nonqualified Stock Options | <sup>(7)</sup> | 2031-02-18 | Class A Subordinate Voting Shares | 2023 | $24.099 | D |  |

---

### Footnotes:

(1) The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2023. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share.

(2) The restricted stock units vested 25% on June 1, 2024, December 1, 2024, June 1, 2025 and will vest 25% on December 1, 2025.

(3) The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2024. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share.

(4) The restricted stock units vested 25% on June 1, 2025 and will thereafter vest 25% on December 1, 2025, June 1, 2026 and December 1, 2026.

(5) The restricted stock units were granted under the Verano Holdings Corp. Stock and Incentive Plan on June 1, 2025. Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share.

(6) Each restricted stock unit reflects a contingent right to receive one Class A Subordinate Voting Share and will vest 33.33% on June 1, 2026, 33.33% on June 1, 2027 and 33.34% on June 1, 2028.

(7) The stock options were granted under the Verano Holdings Corp. Stock and Incentive Plan on February 18, 2021 and are fully vested and exercisable into 2,023 Class A Subordinate Voting Shares.

**Remarks:**
Chief Strategy and Compliance Officer; Exhibit 24.1 Power of Attorney

**Signature:** /s/ Kevan Fisher, Attorney-in-Fact  
**Date:** 2025-07-02

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**