Vireo Growth Completes Acquisition of M3 Wellness, a Nevada Dispensary

[PRESS RELEASE] – MINNEAPOLIS, Sept. 21, 2026 – Vireo Growth Inc. announced the closing of its previously announced indirect acquisition of M3 Wellness, a dispensary in Hawthorne, Nev., from M3 Wellness LLC pursuant to an asset purchase agreement entered into on June 5, 2026 (the “transaction”).

The total consideration for the transaction was $500,000, $290,000 of which was settled in cash on the closing date, with the remaining $210,000 balance satisfied by the issuance of 13,888 subordinate voting shares of Vireo, at a deemed issue price per share of $15.12.