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Vireo Q1 Revenue Increases 9% YoY, Reports Improvement In Gross Margin

Vireo Health International, Inc. (CSE:VREO) (OTCQX: ....

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second quarter earnings

Jushi Holdings Inc. (CSE: JUSH) (OTCQB: JUSHF) is poised to buy another subsidiary of Vireo Health International, Inc.’s (CSE: VREO) (OTCQX: VREOF).
Minneapolis-based Vireo opted to sell its equity in Pennsylvania Dispensary Solutions LLC to Jushi for $5 million in cash.. Read More.
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Vireo Health Announces Fourth Quarter and Full Year 2020 Financial Results

Vireo Health Announces Fourth Quarter and Full Year 2020 Financial Results
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Vireo Acquires Four Medical Cannabis Licenses In Nevada

Vireo Health International Inc. (CSE:VREO) (OTCQX:VREOF) has bought four medical cannabis licenses in Nevada.
The Minneapolis-based company confirmed Thursday it has closed the purchase of permits that enable the cultivation and production, and wholesale of medical and adult-use cannabis products in dispensaries across the Silver State.
The transaction previously announced in March 2019 received all regulatory approvals in October 2020.
We ve been looking forward to the addition of these Nevada licenses to our portfolio of cannabis assets since this transaction was announced, and we ve already identified several paths toward monetizing the substantial opportunities we see to serve Nevada s attractive adult-use and medical markets, Vireo chairman and CEO Kyle Kingsley said. ....

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Vireo Health Announces Closing of Previously Announced Divestiture of Pennsylvania Dispensary Solutions

Vireo Health Announces Closing of Previously Announced Divestiture of Pennsylvania Dispensary Solutions
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MINNEAPOLIS, Dec. 21, 2020 /PRNewswire/
Vireo Health International, Inc. ( Vireo or the Company ) (CNSX: VREO, OTCQX: VREOF), the science-focused, multi-state cannabis company with licenses in six states and the Commonwealth of Puerto Rico, today announced that the sale of its former subsidiary, Pennsylvania Dispensary Solutions, LLC, to a subsidiary of Jushi Holdings, Inc. ( Jushi ) (CSE: JUSH, OTCMKTS: JUSHF) closed on December 18, 2020. The transaction resulted in cash proceeds to Vireo of approximately $5.7 million.
Chairman and Chief Executive Officer, Dr. Kyle Kingsley commented, We are pleased with the continued progress of our core market strategy and the improved strength of our balance sheet, and we re looking forward to performance contributions from our recently completed capacity expansion projects and ....

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