MedMen Enterprises Inc. (OTC: MMNFF)Vireo Health International, Inc.
As a cannabis company led by physicians with a science-focused multi-state operation, Vireo Health International, Inc. is bringing state-of-the-art technology and science to the market. Currently, Vireo manufactures branded cannabis products and has established distribution with a growing network of retail locations and 3rd party dispensaries. The company operates 16 dispensaries nationwide across 5 states. And holds additional licenses for expansions into other markets in the future.
In its latest earnings report, Vireo announced fourth-quarter and full-year 2020 results with full-year GAAP revenue of $49.2 million up 64% compared to 2019. The company saw gross profit increase by $9.8 million to $17.1 million. Currently, Vireo is executing its core market strategy which focuses on Arizona, Maryland, Minnesota, New Mexico, and New York. The company is expected to release first-quarter 2021 financial results on
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