Vireo Growth Inc ( (VREOF) ) has released its Q3 earnings. Here is a breakdown of the information Vireo Growth Inc presented to its investors.
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Vireo Growth Inc. is a cannabis company focused on building a strategic platform in the industry, leveraging both medical and adult-use markets across the United States. In its third quarter of 2025, Vireo Growth Inc. reported a significant increase in revenue, driven by mergers and acquisitions and organic growth, alongside strategic refinancing to reduce interest expenses. The company achieved a 264% year-over-year increase in revenue, reaching $91.7 million, with notable growth in adjusted operating income and EBITDA, despite a decrease in gross profit margins. Vireo also expanded its market presence by launching adult-use cannabis sales in Minnesota and acquiring assets from Schwazze, a multi-state cannabis operator. Looking ahead, Vireo remains focused on optimizing operations and pursuing growth opportunities in a challenging market environment, as highlighted by management’s commitment to strategic acquisitions and market expansion.