George Archos Verano Wife Divorce Lawsuit and Net Worth
George Archos is a popular American Co-Founder, Chairman, and Chief Executive Officer of Verano, a national operator of licensed cannabis cultivation, manufacturing, and retail facilities. He co-founded Verano Holdings LLC in 2017. George is also the CEO of Ataraxia Cultivation & Grow Labs.
He is the President and owner of Chicago Area Restaurants (multiple locations) and Chicago Area Family Pancake Restaurants. He has served extensively alongside government entities, from local to international levels, on real estate development, business ventures, and logistics administering the movement of crude oil and freight across North America.
George was born in 1979 in the United States. He is44 years old.
He is a man of above-average stature. George stands at a height of6ft 2 in( Approx. 1.88m ).
He was born in the western suburbs to his parents. George holds American nationality. His parents were first-generation Americans and worked incredibly hard to open a restaurant. As a child, George began working alongside his father to learn everything he needed to know about business. In order to open his first restaurant, George maxed out his credit cards and scraped together enough cash to open. Since then, he has had the opportunity to successfully operate in real estate, transportation, and now cannabis.
George resides in Chicago. He loves to keep his personal life private hence George has not disclosed any details regarding his marital status. Therefore, it is unknown if George is single, dating, or married.
At the moment, no details regarding if George is divorced or not.
He attended Loyola University in Chicago where he studied communications and philosophy.
He has served as Chairman and Chief Executive Officer of the Verano Company since February 2021 upon consummation of the RTO. George co-founded Verano LLC in September 2017 and worked as Verano LLC’s Chairman and Chief Executive Officer until February 2021 when Verano LLC became a subsidiary of the Company in the Go Public Transactions.
He has significant executive-level experience in the logistics, delivery, and operations business verticals. George entered the cannabis industry in 2014 when he founded Ataraxia Grow and Labs, an Illinois-based medical cannabis growth and cultivation company (“Ataraxia”), where he led Ataraxia’s successful efforts to obtain one of the first issued medical cannabis growth licenses in Illinois.
He started his career in the hospitality industry in 2001 and is President and Owner of eight restaurants located throughout Illinois. As a co-founder of Verano LLC, George brings to the Board substantial insight and business experience with respect to the cannabis industry, the founding, and building of Verano LLC and leading the Go Public Transactions, and his successful investment and business experience in logistics, delivery, and operations business verticals in the cannabis and hospitality industries.
In 2023, an Alabama state judge threw out a lawsuit filed by Chicago-based Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), in which the multistate operator tried to claim that it was wronged when the state’s medical marijuana commission rescinded a business permit it initially granted the company. George even penned an open letter to Alabama Gov. Kay Ivey, asserting that its lawsuit was an attempt to “restore order and due process” to the state’s MMJ licensing system, as well as noting that the company was ready to invest up to $40 million into Alabama cannabis infrastructure.
His award-winning restaurants across the Chicagoland area, including Wildberry Pancakes & Café, Westwood Tavern & Tap and the Scout Waterhouse & Kitchen, all bear the imprint of his relentless devotion to quality and unrivaled customer service.
George’s company Verano currently controls the Highland Park dispensary and has used an additional license granted to that store to run a shop in Arlington Heights, which is operating as one of Verano’s Zen Leaf dispensaries.
George gets his wealth from his work as the co-founder, chairman, and chief executive officer of Verano. Therefore, George has accumulated a decent fortune over the years. George’s net worth is$5 million.
George is a 44-year-old who was born in 1979 in the United States.
George is a man of above-average stature who stands at a height of6ft 2 in( Approx. 1.88m ).
He founded Ataraxia LLC and Verano Holdings LLC. Presently, George is Chairman and Chief Executive Officer for Verano Holdings LLC and Chairman and Chief Executive Officer for Verano Holdings Corp. George is also a Member of GP Management Group LLC and a Member of Archos Capital Group LLC. He brings to the Board substantial insight and business experience with respect to the cannabis industry.
