Vireo Growth Inc. Enters into Definitive Agreements to Acquire Outstanding Senior Secured Convertible Notes of Schwazze

Core Viewpoint - Vireo Growth Inc. is pursuing its M&A strategy by acquiring approximately 86% of the outstanding senior secured convertible notes of Medicine Man Technologies Inc. for about $62 million, payable in subordinate voting shares at a price of $0.54 per share [1][2]. Group 1: Transaction Details - The acquisition is expected to close later this month, pending customary conditions and necessary approvals [2]. - The total consideration for the Notes is approximately $62 million, which will be paid in subordinate voting shares [1]. Group 2: Company Background - Vireo Growth Inc. was founded in 2014 as a pioneering medical cannabis company, focusing on a disciplined and execution-oriented platform in the industry [3]. - The company aims to leverage its national portfolio while maintaining a strong local market focus and is committed to deploying capital and talent effectively [3].