other_material
confidence high
sentiment negative
materiality 0.60
Vireo Growth files Q1 2025 unaudited financials for acquired Proper Holdings and Deep Roots
Vireo Growth Inc.
- Proper Holdings net sales $21.4M in Q1 2025, down from $23.0M in Q1 2024.
- Proper Holdings net income fell to $0.15M from $3.77M YoY; members' equity $25.4M at March 31, 2025.
- Acquisitions closed June 5-6, 2025; pro forma combined financials also filed.
- Deep Roots unaudited Q1 2025 financials filed but not detailed in this excerpt.
item 9.01