Mergers & Acquisitions ·
C21 Investments Inc. shareholders approved a statutory plan of arrangement at a special meeting held on August 7…
CWLXFC21 Investments Inc.
C21 Investments Inc. shareholders approved a statutory plan of arrangement at a special meeting held on August 7, 2026, authorizing Vireo Growth Inc. to acquire all issued and outstanding common shares of C21. The resolution passed with 96.58% approval by votes cast and 96.48% excluding specific votes as required by Multilateral Instrument 61-101. C21 plans to apply for a final court order from the Supreme Court of British Columbia on August 13, 2026, with closing expected around August 21, 2026, subject to customary conditions and regulatory approvals. This transaction represents a significant corporate restructuring event involving the acquisition of one public company by another. C21 Investments Inc. operates in the cannabis industry as a vertically integrated cultivator, processor, and distributor of cannabis and hemp-derived consumer products.