Vireo Growth Announces Major Expansion and Financing

Vireo Growth (TSE:VREO) has released an update.

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Vireo Growth Inc. is making waves in the financial market with a $75 million equity financing and the acquisition of four single-state operators, expanding its presence to seven states with 48 dispensaries. The company anticipates a proforma revenue of $394 million for 2024, positioning itself for significant growth under new leadership. This expansion includes the exclusive licensing of the Arches technology platform, boosting Vireo’s market share.

For further insights into TSE:VREO stock, check out TipRanks’ Stock Analysis page.

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