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Schwazze Reaches Agreement to Restructure its Balance Sheet and Portfolio of Assets
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Schwazze to Liquidate Assets, Potentially Restructure as Vireo Subsidiary
DENVER — Medicine Man Technologies Inc., operating as Schwazze, has entered into a Restructuring Support Agreement (“RSA”) with an affiliate of Vireo Growth Inc., which holds a majority of the Company’s outstanding 13% senior secured notes due December 7, 2026, the holders of certain outstanding deferred cash seller notes (the “Star Buds seller notes”) and certain other parties. The RSA sets forth a plan to restructure the operations and capital…
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