Archive of Category: News

– $75 million equity financing at $0.625 per Vireo share will result in combined new entity having an industry-leading balance sheet – – Transactions would expand Vireo’s operating footprint to 7 states, 9 cultivation facilities, and 48 dispensaries – – Combined new entity would have an estimated 2024 proforma revenue and EBITDA of approximately $394 million and $94 million, respectively – – Transaction includes proprietary Arches technology platform with demonstrated success driving legal market share – – John Mazarakis named...

– Q3 2024 revenue of $22.4 million excluding discontinued operations and NY increased 6.2% year-over-year – – Operating income of $3.9 million driven by consistent execution in core markets –...

MINNEAPOLIS – November 4, 2024 – Vireo Growth Inc. ("Vireo" or the "Company") (CSE: VREO; OTCQX: VREOF), a cannabis company committed to providing safe access, quality products and great value...

MINNEAPOLIS – October 30, 2024 – Vireo Growth Inc. (formerly Goodness Growth Holdings, Inc.) ("Vireo" or the "Company") (CSE: VREO; OTCQX: VREOF), a cannabis company committed to providing safe access,...

– Amber Shimpa promoted to the role of Chief Executive Officer – – Josh Rosen resigns from leadership and governance roles and retained as advisor – MINNEAPOLIS – October 10,...