The end of the year is near. But what a year 2024 was. First, the trend that wasn’t. The industry entered the year with high hopes that the plant would be moved from Schedule I to Schedule III, which could open more opportunities for investment and growth. But as the months rolled pass, action faced […]
In a new blockbuster deal spanning the geographical breadth of the United States, Minnesota-based Vireo Growth (CSE: VREO) (OTCQX: VREOF) will more than double its cannabis footprint with the acquisition of four companies and a significant equity infusion for real estate investment trust Chicago Atlantic. Under the terms of the complex deal, Vireo will get $75 […]
Vireo Growth Inc. (CSE: VREO) (OTCQX: VREOF) snapped up $10 million in convertible debt from Chicago Atlantic as Minnesota prepares to launch recreational cannabis sales next year. Vireo announced Monday that its senior lender will provide the three-year facility with a 12% annual interest rate. The deal follows a previous credit agreement extension with Chicago […]
