Ankündigung • May 07
Vireo Growth Inc. to Report Q1, 2026 Results on May 12, 2026 Vireo Growth Inc. announced that they will report Q1, 2026 results Pre-Market on May 12, 2026 Ankündigung • May 02
Vireo Growth Inc. (CNSX:VREO) entered into a definitive arrangement agreement to acquire FLUENT Corp. (CNSX:FNT.U) for $19.2 million. Vireo Growth Inc. (CNSX:VREO) entered into a definitive arrangement agreement to acquire FLUENT Corp. (CNSX:FNT.U) for $19.2 million on April 30, 2026. As part of the acquisition, Vireo Growth Inc. will acquire all of the issued and outstanding common shares of FLUENT Corp. As part of consideration, each shareholder of FLUENT Corp will receive 0.0705359 of a subordinate voting share of Vireo Growth Inc in exchange for each FLUENT Corp Share held. Following the completion of the Transaction, FLUENT will join the Vireo ecosystem and gain exposure to a larger and well capitalized multi-state operator currently operating in 10 states across the U.S. In connection with the Transaction, Vireo has entered into voting support agreements with certain directors, officers and key shareholders of FLUENT, with such holders representing approximately 38.3% of the issued and outstanding FLUENT Shares, pursuant to which they have agreed to, among other things, vote their FLUENT Shares in favor of the Transaction. Chris Hagedorn has resigned from the FLUENT Board. The vacancy will not be filled at this time. Upon completion, it is expected that the FLUENT Shares will be delisted from the Canadian Securities Exchange (“CSE”) and the OTCQB Venture Market and that FLUENT will apply to cease to be a reporting issuer under applicable Canadian securities laws. In case of termination of transaction, FLUENT Corp. will pay a termination fee of $2 million to Vireo Growth Inc.
The transaction is subject to court approvals, as well as the receipt of all required regulatory approvals, the completion of the Equitization, and the satisfaction of certain other closing conditions customary in transactions of this nature, approval by the shareholders of FLUENT Corp and other third-party approvals. The Board of Directors of FLUENT Corp. formed a special committee for the transaction. The Special Committee and the FLUENT Board have unanimously determined that the Transaction is in the best interests of FLUENT and is fair to the FLUENT Shareholders and the FLUENT Board recommends that the FLUENT Shareholders vote in favor of the Transaction. The transaction is expected to close in the fourth quarter of 2026.
ATB Cormark Capital Markets acted as fairness opinion provider to the Special Committee and board of directors of FLUENT Corp. ATB Cormark Capital Markets acted as financial advisor to the Special Committee of FLUENT Corp. Cassels Brock & Blackwell LLP acted as legal advisor to FLUENT Corp. Goodwin Procter LLP acted as legal advisor to FLUENT Corp. DLA Piper (Canada) LLP acted as legal advisor to Vireo Growth Inc. Eversheds Sutherland (US) LLP acted as legal advisor to Vireo Growth Inc. Shenker Russo & Clark LLP acted as legal advisor to Vireo Growth Inc. Foley & Lardner LLP acted as legal advisor to Vireo Growth Inc. Ankündigung • Apr 17
Vireo Growth Inc. announced that it has received $50.612571 million in funding On April 16, 2026. Vireo Growth Inc. announced that it has closed the transaction. Ankündigung • Apr 09
Vireo Growth Inc. (CNSX : VREO) completed the acquisition of The Hawthorne Gardening Company from Smg Growing Media, Inc. for 84.6 million. Vireo Growth Inc. (CNSX : VREO) entered into a nonbinding memorandum of understanding to acquire The Hawthorne Gardening Company from Smg Growing Media, Inc. for approximately $120 million on January 15, 2026. As part of consideration Vireo Growth Inc. issued 206 million ordinary shares, a warrant to purchase 80 million at an exercise price of $0.85 per Share, exercisable for a period of five years from the date of issuance. Additional Vireo Growth Inc. acquire The Hawthorne Gardening Company $35 million of cash, approximately $50 million of net working capital, and would be provided approximately $20 million of inventory.
Vireo intends to name Chris Hagedorn, Executive Vice President of ScottsMiracle-Gro and Executive Lead of the Hawthorne business, to its Board of Directors upon completion of the transition upon completion of the transaction and shareholder approval.
The transaction is subjected to regulatory approvals and the finalization of a definitive agreement. If applicable, the approval of the Canadian Securities Exchange. The expected to be completed during the second quarter of 2026.
Vireo Growth Inc. (CNSX : VREO) completed the acquisition of The Hawthorne Gardening Company from Smg Growing Media, Inc. for 84.6 million on April 8, 2026. Under the terms of the transaction, Vireo Growth Inc. acquired $35 million of cash held by Hawthorne, and issued 213 million of its subordinate voting shares and a warrant to purchase 80 million at an exercise price of $0.85 per Share. Ankündigung • Apr 01
Vireo Growth Inc. Announces Cory Azzalino to Step into the CEO Role of Vireo’s California Business Vireo Growth Inc. announced Cory Azzalino will step into the CEO role of Vireo’s California business – Cory and his team bring operational acumen and emphasis on retail excellence which strengthens Vireo’s platform. Ankündigung • Mar 17
Vireo Growth Inc., Annual General Meeting, May 29, 2026 Vireo Growth Inc., Annual General Meeting, May 29, 2026. Ankündigung • Mar 10
Vireo Growth Inc. to Report Q4, 2025 Results on Mar 17, 2026 Vireo Growth Inc. announced that they will report Q4, 2025 results Pre-Market on Mar 17, 2026 Ankündigung • Jan 28
Vireo Growth Inc. (CNSX : VREO) entered into a nonbinding Memorandum of Understanding to acquire The Hawthorne Gardening Company from Smg Growing Media, Inc. Vireo Growth Inc. (CNSX : VREO) entered into a nonbinding memorandum of understanding to acquire The Hawthorne Gardening Company from Smg Growing Media, Inc. on January 28, 2026. Upon completion, Vireo intends to name Chris Hagedorn, Executive Vice President of ScottsMiracle-Gro and Executive Lead of the Hawthorne business, to its Board of Directors. Ankündigung • Dec 23
Vireo Growth Inc. (CNSX:VREO) agreed to acquire Eaze Technologies, Inc. for $48.9 million. Vireo Growth Inc. (CNSX:VREO) agreed to acquire Eaze Technologies, Inc. for $48.9 million on December 22, 2025. The consideration is payable through the issuance of approximately 84 million subordinate voting shares of the Vireo at closing. Total consideration payable in the transaction will be subject to adjustment based on closing levels of cash, indebtedness, tax obligations and working capital adjustments, as well as the occurrence of certain other events by the closing date. Eaze may be entitled to earn-out consideration as of December 31, 2026. Eaze will become a wholly-owned subsidiary of Vireo.
The expected completion of the transaction is January 1, 2026 to June 30, 2026. Ankündigung • Dec 18
Vireo Growth Inc. (CNSX:VREO) entered into an asset purchase agreement to acquire Certain retail assets and properties of PharmaCann Inc. for $49 million. Vireo Growth Inc. (CNSX:VREO) entered into an asset purchase agreement to acquire Certain retail assets and properties of PharmaCann Inc. for $49 million on December 16, 2025. Total consideration is payable in subordinate voting shares of the Vireo Growth, as well as the assumption of certain liabilities.
The transaction is subject to satisfaction of closing conditions and state and local regulatory approvals. The transaction is expected to close during the first half of calendar year 2026. Ankündigung • Oct 31
Vireo Growth Inc. to Report Q3, 2025 Results on Nov 12, 2025 Vireo Growth Inc. announced that they will report Q3, 2025 results After-Market on Nov 12, 2025 Ankündigung • Oct 29
Vireo Growth Inc. and Verano Holdings Corp. Reaches Comprehensive Settlement Dismissing All Outstanding Litigation Matters Vireo Growth Inc. and Verano Holdings Corp. on October 29, 2025 announced that they have reached a comprehensive settlement dismissing all outstanding litigation matters between the two Companies that are pending before the Supreme Court of British Columbia, Canada. The terms of the Settlement Agreement were approved by the respective Boards of Directors of both Companies. The value of the settlement to Vireo is approximately USD 10 million consisting of the acquisition of certain real estate assets and USD 1 million in cash. The resolution marks the conclusion of a complex legal chapter and reflects a commitment by both Companies to move forward in a constructive manner. Both Companies reiterated their dedication to delivering long-term value to their shareholders and quality products and services to their customers. Ankündigung • Oct 24
Vireo Growth Inc. announced that it has received $61.996221 million in funding On October 23, 2025, Vireo Growth Inc closed the transaction. The transaction included participation from 22 investors. Ankündigung • Sep 16
Vireo Growth Inc. Announces Launch of Adult-Use Cannabis Sales in Minnesota Vireo Growth Inc. announced that on September 16, 2025, it recorded its first sale of adult use cannabis in Minnesota at its historic downtown Minneapolis Green Goods® dispensary. The Company is now dispensing a full suite of both medical and adult-use cannabis products at all eight of its Green Goods™ dispensaries located throughout the State of Minnesota. Vireo has been operating in Minnesota’s medical cannabis market since 2014, serving tens of thousands of patients with safe, reliable products. The Company is committed to expanding access, improving product quality, and supporting the state’s transition to a sustainable, locally driven adult-use market. As one of the state’s operational licensed adult-use cannabis cultivators and retailers, and a population of 5.7 million people, the launch of Minnesota’s adult-use cannabis market is expected to serve as a strong organic revenue growth catalyst for Vireo for the foreseeable future. Green Goods® offers a full suite of medical and adult-use cannabis products and form factors including flower, pre-rolls, edibles, and beverages, and currently operates eight retail dispensaries in Minnesota. Green Goods® dispensaries are located in Minneapolis, Blaine, Bloomington, Burnsville, Duluth, Moorhead, Rochester, and Woodbury. For more information about Green Goods or to shop its product menu, please visit www.visitgreengoods.com. Ankündigung • Aug 05
Vireo Growth Inc. to Report Q2, 2025 Results on Aug 13, 2025 Vireo Growth Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 13, 2025 Ankündigung • Jul 10
Vireo Growth Inc. announced that it has received $10 million in funding from Chicago Atlantic Opportunity Finance, LLC Vireo Growth Inc announced that it has completed a private placement and issued $10,000,000 principal amount of convertible Notes on July 9, 2025. The Notes are convertible into an aggregate of 16,000,000 Shares upon exercise. The new convertible note was issued in reliance upon exemptions from the registration requirements of the U.S. Securities Act of 1933, as amended and applicable Canadian and U.S state Securities laws. The transaction included participation from Chicago Atlantic Opportunity Finance, LLC. Ankündigung • Jun 10
Vireo Growth Inc. (CNSX:VREO) completed the acquisition of Deep Roots Harvest, Inc. for $64.14 million. Vireo Growth Inc. (CNSX:VREO) has signed definitive agreement to acquire Deep Roots Harvest, Inc. on December 18, 2024. Total consideration is approximately $397 million of all-stock transactions. In Related transactions Vireo has signed definitive agreements to acquire Proper Brands in Missouri and WholesomeCo Cannabis in Utah, while also signing a binding MOU to acquire The Flowery in Florida. Vireo estimates proforma revenue and EBITDA of the combined company of approximately $394 million and $94 million, respectively, for calendar year 2024. Upon closing of the Merger Transactions, Vireo estimates the combined company will be well-positioned for further growth with a favorable balance sheet consisting of approximately $99 million of cash and $78 million of net debt with an EBITDA leverage ratio of approximately 0.8x. The Proper Brands, Deep Roots Harvest and WholesomeCo Cannabis are expected to be acquired at a multiple of 4.175x 2024 “Reference EBITDA” pro-forma for pending acquisitions as well as planned new retail openings and expansion projects. Each transaction has been based on a $0.52 Vireo share reference price. The Deep Roots Merger Agreement also contains customary indemnification obligations of Vireo and Deep Roots, other obligations of the parties and termination provisions, under which, subject to certain conditions and in certain instances of termination, would require Vireo or Deep Roots to pay a termination fee equal to $6.37624 million.
These acquisition targets may qualify for earnout payments on December 31, 2026, based on 4x EBITDA growth compared to Reference EBITDA, adjusted for incremental debt, and paid out using a share price at the higher of $1.05 or 20-day VWAP as of December 31, 2026. Reference EBITDA for Proper Brands, Deep Roots Harvest and WholesomeCo Cannabis are $31.0 million, $31.0 million, and $16.0 million, respectively. John Mazarakis, co-founder at Chicago Atlantic, has been appointed to the role of Chief Executive Officer and Co-Executive Chairman, effective immediately. Tyson Macdonald, former partner at TrueRise Capital, has been appointed to the role of Chief Financial Officer, effective immediately. Amber Shimpa will continue to serve as President of the Company and as Chief Executive Officer of Minnesota, Maryland, and New York. Implementation of the Merger Transactions are subject to the approval of holders of a majority of Vireo's voting shares and regulatory approvals. The Merger Transactions have been unanimously approved by the Boards of Directors of Vireo and each of the target acquisition companies. Vireo anticipates that closing of all of the Merger Transactions to take at least six months pending shareholder and regulatory approvals. Vireo expects that each transaction will be accretive to the broader portfolio. Moelis & Company LLC acted as fairness opinion provider for Boards of Directors of Vireo Growth Inc. Moelis & Company LLC acted as financial advisor for Vireo Growth Inc. Dorsey & Whitney LLP acted as legal advisor for Vireo Growth Inc.
Vireo Growth Inc. (CNSX:VREO) completed the acquisition of Deep Roots Harvest, Inc. for $64.14 million on June 9, 2025. Total consideration for the transaction is paid in the form of 255.2 million Subordinate Voting Shares of Vireo at a reference price per share of $0.52. The purchase price of the Deep Roots transaction represents a multiple of 4.175x 2024 “Closing EBITDA” of $30 million. Ankündigung • Jun 06
Vireo Growth Inc. (CNSX:VREO) completed the acquisition of Proper Brands for $73.3 million. Vireo Growth Inc. (CNSX:VREO) entered into a definitive agreement to acquire Proper Brands on December 18, 2024. Under the terms of the transaction, the transaction is expected to be effected by way of an all-stock transaction, and The Proper Brands, Deep Roots Harvest and WholesomeCo Cannabis are expected to be acquired at a multiple of 4.175x 2024 “Reference EBITDA” pro-forma for pending acquisitions as well as planned new retail openings and expansion projects. Each transaction has been based on a $0.52 Vireo share reference price. Reference EBITDA for Proper Brands is $31.0 million. Vireo will include in the stock merger consideration calculation an amount equal to $2,139,200 for the stockholders of Proper Brands for all of the outstanding equity interests in Arches IP, Inc. owned by Proper Brands with a potential for earnout payments based on performance through December 31, 2026, based on the greater of $37.5 million or 5x revenue measured at the higher of trailing-twelve-month or nine-month annualized net revenues, paid out using a share price at the higher of $1.05 or 20-day VWAP as of December 31, 2026. The seller of Proper Brand has agreed to voluntary share lock-up after 33 months of consummation. In separate transactions, Vireo will also acquire Deep Roots Harvest, WholesomeCo Cannabis, and The Flowery. The transaction is subject to approval by regulatory board, approval of merger agreement by target board, approval of offer by acquirer board, subject to shareholder approval and lock-up agreement, and a clawback provision if they perform below the respective Reference EBITDA measured as the higher of trailing twelve-months or nine-months annualized EBITDA as of December 31, 2026, adjusted for any intercompany funding. The Merger Transactions have been unanimously approved by the Boards of Directors of Vireo and Proper Brands. In certain instances of termination, Vireo or Proper Brands is required to pay a termination fee equal to $4,631,012.
Moelis & Company LLC acted as financial advisor and Fairness Opinion Provider, and Nicole Stanton of Dorsey & Whitney LLP acted as legal advisor to Vireo. Lineage Merchant Partners, LLC acted as placement agent for the financing.
Vireo Growth Inc. (CNSX:VREO) completed the acquisition of Proper Brands for $73.3 million on June 5, 2025. Total consideration for the transactions was $102 million, paid in the form of 196.2 million Subordinate Voting Shares of Vireo at a reference price per share of $0.52. Ankündigung • May 13
Vireo Growth Inc. (CNSX:VREO) completed the acquisition of WholesomeCo Cannabis. Vireo Growth Inc. (CNSX:VREO) signed an agreement to acquire WholesomeCo Cannabis on December 18, 2024. Vireo has signed three definitive documents and one binding Memorandum of Understanding to acquire four single-state operators (Proper Brands, Deep Roots Harvest, and Bill’s Nursery, Inc, WholesomeCo Cannabis) for total consideration of approximately $397 million in a series of all-stock transactions and may qualify for earnout payments on December 31, 2026. Vireo will include in the stock merger consideration calculation an amount equal to $11,860,800 for the stockholders of WholesomeCo Cannabis for all of the outstanding equity interests in Arches IP, Inc. owned by WholesomeCo Cannabis with a potential for earnout payments based on performance through December 31, 2026, based on the greater of $37.5 million or 5x revenue measured at the higher of trailing-twelve-month or nine-month annualized net revenues, paid out using a share price at the higher of $1.05 or 20-day VWAP as of December 31, 2026. The transaction is subject to certain shareholder and regulatory approvals, and clawback provision. In certain instances of termination, Vireo or WholesomeCo Cannabis is required to pay a termination fee equal to $3,394,217. The Merger Transactions have been unanimously approved by the Boards of Directors of Vireo and WholesomeCo Cannabis. As of March 9, 2025, Vireo Growth Inc. has obtained required regulatory approvals and is working toward satisfying all other customary closing conditions, which it expects to meet during the second quarter of 2025.
Moelis & Company LLC acted as financial advisor and fairness opinion provider, and Nicole Stanton of Dorsey & Whitney LLP acted as legal advisor to Vireo. Lineage Merchant Partners, LLC acted as placement agent for the financing. Adam Hull of Polsinelli PC acted as legal advisor to WholesomeCo.
Vireo Growth Inc. (CNSX:VREO) completed the acquisition of WholesomeCo Cannabis for $69.8 million on May 12, 2025. $69.8 million paid in the form of 134.2 million Subordinate Voting Shares of Vireo at a reference price per share of $0.52. Ankündigung • Apr 29
Vireo Growth Inc. to Report Q1, 2025 Results on May 09, 2025 Vireo Growth Inc. announced that they will report Q1, 2025 results Pre-Market on May 09, 2025 Ankündigung • Apr 09
Vireo Growth Inc., Annual General Meeting, Jun 20, 2025 Vireo Growth Inc., Annual General Meeting, Jun 20, 2025. Ankündigung • Feb 20
Vireo Growth Inc. to Report Q4, 2024 Results on Mar 04, 2025 Vireo Growth Inc. announced that they will report Q4, 2024 results Pre-Market on Mar 04, 2025 Ankündigung • Jan 01
Vireo Growth Inc. announced that it has received $80.960546 million in funding On December 30, 2024, Vireo Growth Inc., closed the transaction. The company issued 129,536,874 subordinate voting shares at a price of $0.625 per share for the gross proceeds of $80,960,546.25 in the transaction. The transaction has been oversubscribed. Ankündigung • Nov 05
Vireo Growth Inc. announced that it expects to receive $10 million in funding Vireo Growth Inc. announced that it has secured a new convertible debt facility which provides a financing commitment of up to $10,000,000 in aggregate principal amount of convertible notes on November 4, 2024. This facility is being funded by the Company’s senior secured lender and its affiliates under the Company’s existing credit agreement. The convertible facility has a term of three years, with a cash interest rate of 12.0 percent, and such interest shall be paid to Lender in cash on the last business day of each calendar month. The Convertible Notes shall be convertible at any time into Subordinate Voting Shares of the Company, at the option of Lender, in whole but not in part, in a single transaction, at a conversion price equal to $0.625. Ankündigung • Oct 30
Vireo Growth Inc. to Report Q3, 2024 Results on Nov 13, 2024 Vireo Growth Inc. announced that they will report Q3, 2024 results After-Market on Nov 13, 2024 Ankündigung • Oct 10
Vireo Growth Inc. Announces Resignation of Josh Rosen as Director Vireo Growth Inc. announced several leadership updates. Josh Rosen has resigned from the Company's Board of Directors, effective immediately, to focus on his other business ventures. Mr. Rosen was first elected to the Board in August 2021, and appointed to executive leadership roles in November 2022, including, most recently, the roles of Chief Executive Officer and interim Chief Financial Officer. The Company has engaged Mr. Rosen going forward with a consulting agreement. Ankündigung • Aug 20
Vireo Growth Inc. announced that it has received $5.3875 million in funding On August 20, 2024, Vireo Growth Inc. closed the transaction. The transaction included participation from 14 investors. Ankündigung • Jul 23
Vireo Growth Inc. to Report Q2, 2024 Results on Aug 06, 2024 Vireo Growth Inc. announced that they will report Q2, 2024 results After-Market on Aug 06, 2024 Ankündigung • May 31
Goodness Growth Holdings, Inc. announced that it expects to receive $0.7 million in funding Goodness Growth Holdings, Inc. announced a non-brokered private placement of its subordinate voting shares for the gross proceeds of $700,000 on May 30, 2024. The company expects that this transaction will be completed within the next five business days. All of the subordinate voting shares issued in connection with this private placement will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation. Ankündigung • May 01
Goodness Growth Holdings, Inc. to Report Q1, 2024 Results on May 07, 2024 Goodness Growth Holdings, Inc. announced that they will report Q1, 2024 results After-Market on May 07, 2024 Ankündigung • Apr 13
Goodness Growth Holdings, Inc., Annual General Meeting, Jun 21, 2024 Goodness Growth Holdings, Inc., Annual General Meeting, Jun 21, 2024. Ankündigung • Apr 03
Goodness Growth Holdings, Inc. Reports Impairment Charges for the Fourth Quarter Ended December 31, 2023 Goodness Growth Holdings, Inc. reported impairment charges for the fourth quarter ended December 31, 2023. For the period, the company reported loss on impairment of long-lived assets of USD 411,629 compared to USD 1,119,583 last year same period. Ankündigung • Mar 15
Goodness Growth Holdings, Inc. to Report Q4, 2023 Results on Mar 28, 2024 Goodness Growth Holdings, Inc. announced that they will report Q4, 2023 results at 4:00 PM, US Eastern Standard Time on Mar 28, 2024 Ankündigung • Dec 15
Goodness Growth Holdings, Inc. Announces Departure of Michael Schroeder as General Counsel & Chief Compliance Officer Effective December 15, 2023 Goodness Growth Holdings, Inc. announced that the Company’s General Counsel and Chief Compliance Officer, Michael Schroeder, will depart the Company effective December 15, 2023 to accept an external opportunity at Venture Medical, LLC, a national medical devices and wound care products distributor located in Missoula, Montana. The Company plans to retain external legal counsel on an interim basis to fulfill Mr. Schroeder’s former duties as General Counsel until a permanent successor can be identified, and will continue conducting its compliance procedures through a mix of existing internal and external resources. Ankündigung • Nov 03
Goodness Growth Holdings, Inc. to Report Q3, 2023 Results on Nov 14, 2023 Goodness Growth Holdings, Inc. announced that they will report Q3, 2023 results After-Market on Nov 14, 2023 Ankündigung • Sep 28
Goodness Growth Holdings, Inc. Announces CFO Changes Goodness Growth Holdings, Inc. announced that Chief Financial Officer, John Heller, will depart the Company effective September 30 to accept a new external opportunity. Interim Chief Executive Officer Josh Rosen will assume the additional role of Interim Chief Financial Officer. Ankündigung • Aug 01
Goodness Growth Holdings, Inc. to Report Q2, 2023 Results on Aug 14, 2023 Goodness Growth Holdings, Inc. announced that they will report Q2, 2023 results After-Market on Aug 14, 2023 Ankündigung • May 10
Goodness Growth Holdings, Inc. to Report Q1, 2023 Results on May 15, 2023 Goodness Growth Holdings, Inc. announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on May 15, 2023 Ankündigung • Oct 06
Vireo Health International, Inc. Announces Resignation of Ari Hoffnung from the Board of Directors and His Role as Chief Strategy Officer Vireo Health International, Inc. announced that Ari Hoffnung has resigned from the Board of Directors and his role as Chief Strategy Officer, effective October 5, 2020. Ankündigung • Sep 30
Vireo Health International, Inc. announced a financing transaction Vireo Health International Inc. (CNSX:VREO) announced a non-brokered private placement offering of units at a price of CAD 0.77 per unit on March 9, 2020. Each Unit is comprised of one subordinate voting share and one subordinate voting share purchase warrant. Each warrant entitles the holder to purchase one share for a period of three years from the date of issuance at an exercise price of CAD 0.96 per warrant share, subject to adjustment in certain events. The company will receive $5,976,474 (CAD 8,120,593.81) pursuant to exemption provided under Regulation D. All of the securities issuable will be subject to a statutory hold period of four months plus a day from the date of issuance.
On the same day, the company issued 13,651,574 units at price of CAD 0.77 for total gross proceeds of CAD 10,511,711.98 in its first tranche from 21 investors including 1 investor from Cayman Islands. Additional tranches may be closed on or before April 17, 2020, subject to the satisfaction of customary closing conditions. Bruce Linton, a director, officer and insider indirectly subscribed for 1,736,715 units. The company does not expect the warrants to be listed on any securities exchange. The company has received $2,660,049 (CAD 3,617,145.84) from 8 investors pursuant to Regulation D. Ankündigung • Aug 13
Vireo Health International, Inc. to Report Q2, 2020 Results on Aug 26, 2020 Vireo Health International, Inc. announced that they will report Q2, 2020 results at 9:00 AM, Eastern Standard Time on Aug 26, 2020 Ankündigung • Aug 12
Jushi Inc comnpleted the acquisition of Pennsylvania Medical Solutions, LLC from Vireo Health International, Inc. (CNSX:VREO) Jushi Inc signed a definitive binding agreement to acquire Pennsylvania Medical Solutions, LLC from Vireo Health International, Inc. (CNSX:VREO) for $37.1 million on June 22, 2020. As per the transaction, total consideration, subject to purchase price adjustments includes $16.3 million in cash, $3.8 million in the form of a four-year seller note with an 8% coupon rate payable quarterly and assumption of $17 million in Right of Use liabilities associated with long-term lease obligations. No equity will be issued in connection with the acquisition. The transaction also includes an 18-month option for Jushi to purchase equity in another Vireo Health subsidiary, Pennsylvania Dispensary Solutions, LLC, for an additional $5 million in cash. Jushi intends to fund the cash portion of the agreement with the proceeds from the debt financing. Jushi Inc announced the receipt of binding subscriptions totaling approximately $15.25 million for the issuance of 10% senior secured notes and warrants to acquire subordinate voting share (the offering) of which $12.35 million has been received. Jushi intends to use $15 million of the proceeds from the offering to fund the cash portion of the acquisition. The offering is expected to close on or before the date that the acquisition is completed. On July 30, 2020, Jushi announced it has closed on $33.3 million of subscription receipts and has received $27.8 million in cash proceeds. Included in the $33.3 million are the $12.3 million of subscription receipts closed in escrow, pending the closing of the acquisition of Pennsylvania Medical Solutions, LLC. The transaction is subject to certain closing conditions, including approvals from all applicable regulatory authorities including Department of Health. The parties anticipate closing the Agreement by the end of August 2020.
Jushi Inc comnpleted the acquisition of Pennsylvania Medical Solutions, LLC from Vireo Health International, Inc. (CNSX:VREO) on August 11, 2020. The Vireo Health plans to re-invest a portion of these proceeds to increase scale in select markets, including New York, Minnesota, Arizona and Maryland to improve revenue growth and future cash flow generation.