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Vireo Health Closes First Tranche Of Debt Financing With Green Ivy Capital

Mar 26, 2021over 4 years ago
Minneapolis

Description

-- Credit facility provides growth capital to expand first-mover advantage in Vireo's core markets -- -- Company plans to begin incremental expansion projects at its Arizona and Maryland facilities in Q2 --

Company Information

Company

Vireo Health International

Location

Minneapolis, Minnesota, United States

About

Vireo Health International, Inc. is a physician-led cannabis company focused on bringing the best of technology, science, and engineering to the cannabis industry. Vireo manufactures proprietary, branded cannabis products in environmentally friendly facilities, state-of-the-art cultivation sites and distributes its products through its growing network of Green Goods™ and other retail locations and third-party dispensaries. Vireo's team of more than 400 employees, led by scientists, engineers, and cultivation experts, is focused on efficiency and the creation of best-in-class products, while driving scientific innovation within the cannabis industry and developing meaningful intellectual property. Today, Vireo is licensed to grow, process, and/or distribute cannabis in nine markets and operates 16 dispensaries nationwide. For more information about Vireo Health, please visit www.vireohealth.com.