Vireo Growth settles litigation with Verano for ~US$10M in assets and cash

Vireo Growth Inc.

Settlement dismisses all outstanding litigation between Vireo and Verano in British Columbia Supreme Court.
Value to Vireo is approximately US$10M: acquisition of real estate assets plus US$1M cash.
Litigation began Oct 2022 related to Jan 2022 arrangement agreement between the companies.
Boards of both companies approved the settlement terms.

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