Vireo Growth to Acquire C21 Investments

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MINNEAPOLIS and VANCOUVER, BC – Multistate operator Vireo Growth Inc. has agreed to acquire all issued and outstanding shares of vertically integrated C21 Investments Inc. in an all-stock transaction.

Each C21 shareholder will receive 0.023052 of a Vireo subordinate voting share in exchange for each C21 Share held.

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The acquisition will expand Vireo’s Nevada operations to 15 dispensaries and 158,000 square feet of cultivation and manufacturing capacity.

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