Vireo Growth Inc. and Verano Holdings Corp. Declare Settlement of Legal Disputes

Written by Emily J. Thompson, Senior Investment Analyst

Source: Globenewswire

Updated: Oct 28 2025

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Source: Globenewswire

Settlement Announcement: Vireo Growth Inc. and Verano Holdings Corp. have reached a comprehensive settlement, dismissing all litigation matters pending before the Supreme Court of British Columbia, Canada.
Settlement Details: The settlement is valued at approximately US$10 million, which includes the acquisition of real estate assets and US$1 million in cash for Vireo.
Focus on Strategic Priorities: Both companies expressed their commitment to moving forward constructively and focusing on their strategic priorities without the distraction of ongoing litigation.
Company Backgrounds: Vireo is a medical cannabis company founded in 2014, while Verano is a leading U.S. cannabis operator known for its diverse product offerings and extensive market presence across 13 states.

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.