Mergers & Acquisitions ·
Vireo Growth Inc. entered into a definitive merger agreement to acquire Planet 13 Holdings Inc. through a merger with…
VREOFVireo Growth Inc.
Vireo Growth Inc. entered into a definitive merger agreement to acquire Planet 13 Holdings Inc. through a merger with a wholly owned subsidiary. Under the terms of the agreement, Planet 13 stockholders will receive 0.015383618 of a Vireo subordinate voting share for each share of Planet 13 common stock. The transaction is expected to deepen Vireo's presence in Nevada and Florida and expand its footprint in Illinois. Vireo Growth Inc. is a vertically integrated cannabis company and agricultural markets platform.