AcquisitionJun 14, 2026Completed
🇨🇦 Canada
CIC21 Investments Inc.VGVireo Growth Inc.
Consumer & Retail › Consumer Products
Deal valueUndisclosed
AnnouncedJun 14, 2026
ConsiderationStock
StructureOther
RegionNorth America
Cross-borderYes
Contingent paymentNo
Overview
Vireo Growth Inc. agreed to acquire all of the outstanding shares of C21 Investments Inc. by plan of arrangement, with C21 holders receiving 0.023052 of a Vireo subordinate voting share per C21 share, totaling 2,766,409 Vireo shares.
Deal rationale
The acquisition expands Vireo's Nevada footprint with three dispensaries and about 104,000 sq. ft. of cultivation and production capacity, creating operational synergies.
AI-generated from the SEC filingCompletedConsumer & Retail › Consumer ProductsCanadaNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Stock |
Advisors
Buy-side
None listed
Sell-side
NNeedham & Company
Parties
Target
CIC21 Investments Inc.
- Headquarters
- Canada
- Ticker
- CXXI
Acquirer
VGVireo Growth Inc.
- Headquarters
- United States
- Ticker
- —