VRNOD (Verano Holdings) Construction In Progress: $102.9 Mil (As of Mar. 2026)


VRNOD Verano Holdings Corp VRNOD
65 GF Score
Price $5.31
GF Value $7.76
Valuation Possible Value Trap
! 7 Warning Signs
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What is Verano Holdings Construction In Progress?

Verano Holdings VRNOD +0.19% 65 Construction In Progress is $102.9 Mil as of Mar. 2026. GuruFocus rates VRNOD with a GF Score™ of 65/100 and a GF Value™ of $7.76 (Possible Value Trap). The stock has 7 warning signs investors should review.

Verano Holdings's quarterly construction in progress increased from Sep. 2025 ($97.0 Mil) to Dec. 2025 ($100.2 Mil) and increased from Dec. 2025 ($100.2 Mil) to Mar. 2026 ($102.9 Mil).

Verano Holdings's annual construction in progress increased from Dec. 2023 ($39.8 Mil) to Dec. 2024 ($97.0 Mil) and increased from Dec. 2024 ($97.0 Mil) to Dec. 2025 ($100.2 Mil).

Verano Holdings Construction In Progress Historical Data

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The historical data trend for Verano Holdings's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Verano Holdings Construction In Progress Chart

Verano Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial 64.11 41.80 39.84 96.98 100.17

Verano Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 97.08 96.83 97.00 100.17 102.90
VRNOD
65GF Score
Verano Holdings Corp VRNOD
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Verano Holdings Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $102.9 Mil mean?
Verano Holdings (VRNOD) has a Construction In Progress of $102.9 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Verano Holdings and its competitors.
Is Verano Holdings' Construction In Progress too high?
Verano Holdings' current Construction In Progress is $102.9 Mil. Overall, Verano Holdings has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Verano Holdings' Construction In Progress compare to ZTS?
Verano Holdings' Construction In Progress of $102.9 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Drug Manufacturers company?
A good Construction In Progress depends on the Drug Manufacturers industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Verano Holdings and its competitors. Verano Holdings's current Construction In Progress is $102.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Verano Holdings stock overvalued right now?
Based on GuruFocus' analysis, Verano Holdings (VRNOD) is currently considered Possible Value Trap. The stock's GF Value™ is $7.76, compared to a current price of $5.31 — trading 31.6% below its estimated fair value. The current Construction In Progress is $102.9 Mil. Verano Holdings' overall GF Score™ is 65/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Verano Holdings (VRNOD), the current Construction In Progress is $102.9 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Verano Holdings (VRNOD) Overvalued in 2026?

Based on GuruFocus' analysis, Verano Holdings stock appears to be undervalued. The current stock price of $5.31 is trading 31.6% below its estimated GF Value™ of $7.76. GuruFocus considers Verano Holdings to be Possible Value Trap.

Key valuation signals for VRNOD:

  • Construction In Progress: $102.9 Mil
  • GF Value™: $7.76 vs. price of $5.31 (31.6% below fair value)
  • GF Score™: 65/100 with 7 warning signs

No single metric tells the full story. See the VRNOD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Verano Holdings Business Description

Other Exchanges H7P0:GermanyVRNO:Canada
Address 224 West Hill Street, Suite 400, Chicago, IL, USA, 60610
Verano Holdings Corp is a vertically integrated, multi-state cannabis operator in the United States. The company operates through cultivation (wholesale) and retail segments. Its consumer brands include Encore, Avexia, MUV, Savvy, BITS, and Verano, while its retail dispensaries operate under brands such as Zen Leaf and MUV. The company derives the majority of its revenue from the retail segment.
65GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.31
Price
$7.76
GF Value