Vireo Growth and Verano Holdings Reach Settlement in Legal Disputes

Written by Emily J. Thompson, Senior Investment Analyst

Updated: Oct 29 2025

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Settlement Announcement: Vireo Growth (VREOF) and Verano Holdings (VRNOF) have reached a comprehensive settlement that dismisses all outstanding litigation matters pending before the Supreme Court of British Columbia, Canada.
Settlement Details: The settlement is valued at approximately $10M for Vireo, which includes the acquisition of certain real estate assets and $1M in cash.
Conclusion of Legal Matters: This resolution marks the end of a complex legal chapter for both companies, allowing them to focus on their strategic priorities.
Commitment to Shareholders: Both companies expressed their dedication to delivering long-term value to shareholders and quality products and services to customers, emphasizing the constructive nature of the settlement.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.