Vireo Growth Inc. Finalizes Agreements to Purchase Remaining Senior Secured Convertible Notes from Schwazze

Acquisition Announcement: Vireo Growth Inc. has agreed to acquire approximately 86% of the senior secured convertible notes of Medicine Man Technologies Inc. for about $62 million, payable in subordinate voting shares at a price of $0.54 per share.

Transaction Details: The acquisition is expected to close later this month, pending customary conditions and necessary approvals.

Company Background: Vireo Growth Inc., founded in 2014, focuses on building a disciplined and strategically aligned platform in the medical cannabis industry, emphasizing local market strength and a commitment to stakeholders.

Forward-Looking Statements: The press release includes forward-looking information that may involve risks and uncertainties, cautioning readers against placing undue reliance on these projections.