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Vireo Growth ( (TSE:VREO) ) has provided an announcement.
On June 17, 2025, Vireo Growth Inc. announced the completion of its merger transactions, transforming it into one of the largest U.S. multi-state cannabis operators with operations in six states. The company expects second-quarter 2025 pro forma revenue of $88 to $91 million and adjusted EBITDA of $23 to $24 million. Vireo is also working on refinancing its debt under more favorable terms, anticipating a cash position exceeding $100 million post-refinancing. The company has 949,254,483 basic shares outstanding and 1,087,283,616 shares on a fully-diluted basis.
The most recent analyst rating on (TSE:VREO) stock is a Hold with a C$0.55 price target. To see the full list of analyst forecasts on Vireo Growth stock, see the TSE:VREO Stock Forecast page.
More about Vireo Growth
Vireo Growth Inc. is a multi-state cannabis operator in the United States, originally founded as a pioneer in medical cannabis in 2014. The company focuses on empowering local market leaders and strategic resource allocation to serve its stakeholders, including customers, employees, shareholders, and communities.
Average Trading Volume: 28,405
Technical Sentiment Signal: Sell
Current Market Cap: C$205.7M
For an in-depth examination of VREO stock, go to TipRanks’ Overview page.