• The tenant has 6+ years remaining on their lease with 2 (5-year) options to extend, demonstrating their long-term commitment to the site • Headquartered in Chicago, Verano Holdings Corp. is a leading, vertically integrated, multi-state cannabis operator in the U.S. and publicly traded (CNSX: VRNO) • U.S. Cannabis retail sales is one of the fastest growing industries in the country and are expected to surpass $50B annually within the next five years • Trump’s recent proposal to move cannabis from Schedule I to Schedule III has major implications on the industry which would offer companies tax benefits, more financing availability, and increase operating margins • Verano has grown to 15 cultivation/production facilities and 157 retail stores across 13 active states • Verano is a top 4 cannabis MSO by revenue and their adjusted EBITDA margin of 35%is the highest of their peer group • The lease features 3% annual rental increases throughout the initial term and option periods, boosting NOI and hedging against inflation • Verano stock is up 40% over the past 6 months • This location has received excellent reviews on Google, with a 4.9/5.0 average rating after 200+ reviews