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Verano Hldgs Corp
5/25/2022
Good day and thank you for standing by. Welcome to the Verano Holdings Corporation first quarter 2022 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. Please be advised that this conference is being recorded. If you require any further assistance, please press star zero. I would now like to introduce today's speaker, Juliana Patera. Please go ahead.
Thank you, and good morning, everyone. Welcome to Verano's first quarter 2022 earnings conference call. I'm joined today by George Arcos, Chief Executive Officer and Founder. Brett Semerer, Chief Financial Officer, and Erin Miles, Chief Investment Officer.
During this call, we will discuss our business outlook and make forward-looking statements within the meaning of applicable securities laws, which are based on management's current assumptions and expectations. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, and achievements of the business or developments in the company's industry to differ materially. Actual events or results could differ considerably due to risks and uncertainties mentioned in our filings on EDGAR, including our financial statements and MD&A for the quarter ended March 31, 2022. In addition, throughout today's discussion, Verano will refer to non-GAAP measures that do not have any standardized meaning prescribed by GAAP, such as EBITDA, adjusted EBITDA, and free cash flow. Management believes non-GAAP results are useful to enhance the understanding of the company's ongoing performance, but are supplemental to and should not be considered in isolation from or as a substitute for GAAP financial measures. ...release issued earlier today and available at investors.verano.com, which also includes the reconciliation of these measures to the most comparable GAAP financial measures. Lastly, all currency is in U.S. dollars unless otherwise noted. I'll now turn the call over to George. Please go ahead.
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