Vireo Growth Inc. Enters Into Definitive Agreements to Acquire Outstanding Senior Secured ...
Vireo Growth will pay $62 million in subordinate voting shares to acquire 86% of Schwazze's senior secured notes at a discount, reflecting Schwazze's financial stress.
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7 Articles
Vireo Growth Inc. Enters into Definitive Agreements to Acquire Outstanding Senior Secured ...
MINNEAPOLIS, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Vireo Growth Inc. ("Vireo" or the "Company") (CSE: VREO; OTCQX: VREOF) today announced that it has entered into definitive agreements to acquire approximately 86% of the outstanding senior secured convertible notes (the “Notes”)…
Vireo Growth to Acquire 86% of Schwazze Outstanding Convertible Debt
MINNEAPOLIS — Vireo Growth Inc. has entered into definitive agreements to acquire approximately 86% of the outstanding senior secured convertible notes of public U.S. multistate cannabis operator Medicine Man Technologies Inc. (dba “Schwazze”) from third-party noteholders. The Notes will be acquired at a price substantially below par value, for total consideration of approximately $62 million payable in subordinate voting shares of the Company a…
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