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Vireo Growth Inc. Secures $75 Million Financing and Acquires Four Single State Operators
Dec 18, 2024•over 1 year ago
Contract Type
partnership
MinneapolisManufacturingMedicalDescription
Vireo Growth Inc. has successfully secured a $75 million equity financing at $0.625 per share, leading to the acquisition of four single-state operators for a total consideration of approximately $397 million. This series of all-stock transactions will significantly expand Vireo's operational footprint to seven states, enhancing its cultivation, manufacturing space, and retail dispensaries across multiple locations.
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