M&A
confidence high
sentiment positive
materiality 0.70
Vireo Growth completes acquisition of C21 Investments, expanding Nevada footprint
Vireo Growth Inc.
- Issued 2,766,409 Vireo shares for all C21 shares at 0.023052 exchange ratio.
- Adds three Silver State Relief dispensaries and ~104,000 sq ft cultivation/production capacity in Nevada.
- Vireo's Nevada presence grows to ~14 dispensaries and 159,000 sq ft cultivation/manufacturing capacity.
- C21 shares delisted from CSE and OTCQX; C21 to cease reporting issuer status.
- Transaction closed Aug 21, 2026; court-approved plan of arrangement under BC law.