Recent Updates — VREOF

On July 30, 2026, Vireo Growth Inc. entered into four Securities Purchase Agreements to acquire 100% of FarmaceuticalRx LLC, FarmaceuticalRx 2 LLC, Canoe Hill Ohio LLC, and CAOH LLC for an aggregate estimated purchase price of approximately $208 million. The consideration consists solely of approximately 11 million subordinate voting shares issued in three tranches: 50% at closing, 25% at 90 days post-closing, and 25% at 180 days post-closing. Deferred payments are subject to forfeiture mechanisms if acquired entities underperform EBITDA targets through December 31, 2027. The transactions include related party components involving CEO John Mazarakis in the CAOH acquisition. Closing is expected in Q4 2026, pending regulatory approvals. Vireo Growth Inc. operates as a vertically integrated cannabis company and agricultural markets platform.

Vireo Growth Inc. entered into a definitive Agreement and Plan of Merger with Planet 13 Holdings Inc., under which Vireo will acquire all outstanding equity interests of Planet 13 through a merger with its subsidiary, Supernova Merger Sub Inc. The transaction is valued at an exchange ratio of 0.015383618 Parent Shares for each share of Planet 13 Common Stock. Both boards unanimously approved the deal and recommended shareholder approval. Closing conditions include stockholder votes and regulatory approvals, with a termination date of July 26, 2027. A $1.8 million termination fee applies if the merger is terminated under specific circumstances. Voting agreements were signed by key stakeholders Larry Scheffler, Robert Groesbeck, David Loop, and Christopher Wren, who also agreed to lock-up provisions releasing shares over 18 months. Vireo Growth Inc. operates in the cannabis industry, focusing on mergers, acquisitions, and investments in cannabis-related businesses.

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.