---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-114149"
form_type: "8-K"
ticker: "VREOF"
cik: "0001771706"
company_name: "Vireo Growth Inc."
filed_at: "2023-11-03T23:59:59+00:00"
generated_at: "2026-06-08T22:40:09.378941+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Goodness Growth amends NY lease: $14M tenant improvement allowance, rent hike, termination option

## Summary
- Additional $14.0M tenant improvement allowance for Johnstown, NY indoor cultivation facility expansion.
- Monthly base rent increased by $210,000 starting November 2023, with 3% annual escalations from November 2024.
- Company granted one-time lease termination option, exercisable on or before January 15, 2024.
- Company prepaid three months' rent under the amendment (per 8-K terms).
- Amendment supports ongoing divestment process in New York, according to interim CEO Josh Rosen.

## SEC filing metadata
- accession: 0001104659-23-114149
- form_type: 8-K
- ticker: VREOF
- cik: 0001771706
- company_name: Vireo Growth Inc.
- filed_at: 2023-11-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1771706/000110465923114149/0001104659-23-114149-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1771706/000110465923114149/tm2329831d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-114149
- JSON: https://secwatch.observer/filing/0001104659-23-114149.json
- Plain text: https://secwatch.observer/filing/0001104659-23-114149.txt

## Key facts
- Material Agreements
  Vireo Growth Inc. amended Fifth Amendment to Lease Agreement with IIP-NY 2 LLC valued at USD$14 million (effective 2023-10-27).
  - Action: amendment
  - Agreement: lease
  - Counterparty: IIP-NY 2 LLC
  - Value: USD$14 million
  - Effective: 2023-10-27
  source text: On October 27, 2023, a subsidiary of Goodness Growth Holdings, Inc. (the “Company”), entered into a Fifth Amendment to Lease Agreement (“Fifth Amendment”) by and between the Company and IIP-NY 2 LLC (“IIP”), which Fifth Amendment modified certain provisions of the Lease Agreement dated as of October 23, 2017
  evidence_url: https://www.sec.gov/Archives/edgar/data/1771706/000110465923114149/0001104659-23-114149-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.