Vireo Growth Inc. has acquired 86% of the outstanding senior secured convertible notes of Medicine Man Technologies Inc. for approximately $62 million in subordinate voting shares. The transaction is expected to close later this month, subject to necessary approvals. Founded in 2014, Vireo is a medical cannabis company with a strategic focus on local markets and national portfolio strength. The company operates with a long-term mindset and commitment to customers, employees, shareholders, and communities served. Forward-looking statements in the press release caution readers about potential risks and uncertainties associated with the acquisition and industry conditions.

Read more at GlobeNewswire: Vireo Growth Inc. Enters into Definitive Agreements to