Vireo Health Announces Closing of Previously Announced Purchase of Cannabis Licenses in Nevada
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MINNEAPOLIS, Jan. 7, 2021 /PRNewswire/ Vireo Health International, Inc. ( Vireo or the Company ) (CNSX: VREO, OTCQX: VREOF), the science-focused, multi-state cannabis company with licenses in seven states and the Commonwealth of Puerto Rico, announced today that the previously-disclosed purchase of four medical cannabis licenses in the state of Nevada closed on January 7, 2021. The licenses allow for the cultivation and production of cannabis products for both medical and adult-use.
Chairman and Chief Executive Officer, Dr. Kyle Kingsley commented, We ve been looking forward to the addition of these Nevada licenses to our portfolio of cannabis assets since this transaction was announced, and we ve already identified several paths toward monetizing the substantial opportunities we see to serve Nevada s attractive adult-use an
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Vireo Health Announces Closing of Previously Announced Divestiture of Pennsylvania Dispensary Solutions
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MINNEAPOLIS, Dec. 21, 2020 /PRNewswire/
Vireo Health International, Inc. ( Vireo or the Company ) (CNSX: VREO, OTCQX: VREOF), the science-focused, multi-state cannabis company with licenses in six states and the Commonwealth of Puerto Rico, today announced that the sale of its former subsidiary, Pennsylvania Dispensary Solutions, LLC, to a subsidiary of Jushi Holdings, Inc. ( Jushi ) (CSE: JUSH, OTCMKTS: JUSHF) closed on December 18, 2020. The transaction resulted in cash proceeds to Vireo of approximately $5.7 million.
Chairman and Chief Executive Officer, Dr. Kyle Kingsley commented, We are pleased with the continued progress of our core market strategy and the improved strength of our balance sheet, and we re looking forward to performance contributions from our recently completed capacity expansion projects and new retail store o
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December 15, 2020 at 9:22 am Published by NCV Newswire
The new Green Goods medical cannabis dispensary will provide certified patients with best-in-class plant-based medicines and patient service
MINNEAPOLIS, Dec. 15, 2020 /PRNewswire/ Vireo Health of Minnesota, LLC (“Vireo” or “the Company”), a subsidiary of Vireo Health International, Inc. (CNSX: VREO,OTCQX: VREOF), today announced the official opening of a new medical cannabis patient center in Blaine, Minnesota. The new location, called Green Goods, is the second of four new cannabis patient centers the Company expects to open in Minnesota by the end of 2020. The location will be the first medical cannabis center in the City of Blaine.