Goodness Growth Holdings, Inc. announced that it has received $0.699962 million in funding
June 13, 2024
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On June 14, 2024, Goodness Growth Holdings, Inc. closed the transaction. The company issued 1,300,078 subordinate voting shares at a price of $0.5384 per share for the gross proceeds of $699,961.9952.
Vireo Growth Inc., formerly Goodness Growth Holdings, Inc., is a cannabis company. The Company has operations in four markets in Maryland, Minnesota, New Mexico, and New York. The Company is science-focused and provides patients and adult-use customers with cannabis-based products. It cultivates and manufactures pharmaceutical-grade cannabis extracts and sells its products at both Company-owned and third-party dispensaries to qualifying patients and adult-use customers. It has developed proprietary cannabis strains, cultivation methods, carbon dioxide extraction, ethanol extraction, and other processes related to the production, refinement, and packaging of cannabis products. The Company manufactures, assembles, and packages cannabis finished goods across a range of product segments, including Inhalable, Ingestible, and Topicals. Its brands include Vireo Spectrum, Vireo Selects, 1937, Boundary Waters, Hi-Color, Kings and Queens, and various other flower and trim brands.