Archive of Category: News

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by albezakes
Vireo Health Announces Sale of Assets of Ohio Medical Solutions to Ayr Strategies for Total Consideration of $4.85 Million

– Transaction improves Vireo’s cash position and reduces operating losses – – Company maintains expectation to become cash flow positive in fiscal 2021– MINNEAPOLIS – October 1, 2020 – Vireo Health International, Inc. ("Vireo" or the "Company") (CNSX: VREO, OTCQX: VREOF), the science-focused, multi-state cannabis company with active operations in exclusively medical-only markets and licenses in seven states and the Commonwealth of Puerto Rico, today announced that it has reached a definitive agreement with Ayr Strategies Inc. (CSE:AYR.A)(OTCQX:AYRSF), to sell...

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by albezakes
Vireo’s Science Team Publishes Peer-Reviewed Article in the Journal of Cannabis Research

Vireo is proud to announce that for the first time in our company’s history, we have published a peer-reviewed research paper in a scientific journal, the Journal of Cannabis Research....

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by albezakes
Free Expungement Clinic Offered in Capitol Heights to Help Clear Cannabis Convictions from Criminal Records

Mary & Main to partner with Minorities for Medical Marijuana and Vireo Health to host free expungement event with Prince George’s County State’s Attorney Aisha Braveboy and Maryland State Delegate...

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by albezakes
Vireo Health Announces Second Quarter 2020 Financial Results

– Total revenue of $12.2 million increased 70 percent year-over-year – – Operating cost structure continues to improve in-line with management’s expectations – – Development project pipeline positions Company for...

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by albezakes
Vireo Health Completes Sale of Equity in Pennsylvania Medical Solutions to Jushi Holdings Inc. for Total Consideration of $37 Million

- Transaction secures Vireo's financial future without dilutive impacts to shareholders - - Vireo to reinvest a portion of the proceeds to increase scale in key  markets - - Completed...

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