Divestiture/carve-outJul 20, 2026Completed
🇺🇸 United States
CCCertain cannabis assets of The Cannabist Company Holdings Inc. (Colorado, Illinois, Massachusetts, New Jersey, West Virginia)VGVireo Growth Inc.
Consumer & Retail › Retail
Enterprise value$35MEnterprise value
AnnouncedJul 20, 2026
ConsiderationCash and stock
StructureOther
RegionNorth America
Cross-borderNo
Contingent paymentYes
Overview
Vireo Growth's subsidiary agreed to acquire certain cannabis cultivation, manufacturing and retail operations from Cannabist subsidiaries across five states under a definitive purchase agreement, for up to US$35 million. Consideration consists of up to US$18.75 million in cash and up to US$16.25 million in seller notes.
Deal rationale
The deal expands Vireo's footprint in Colorado and brings it into four new states as part of its strategic expansion and industry consolidation.
AI-generated from the SEC filingCompletedConsumer & Retail › RetailUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | $35M | Headline figure |
| Consideration | Cash and stock |
Advisors
Buy-side
None listed
Sell-side
MMoelis & Company
Parties
Target
CCCertain cannabis assets of The Cannabist Company Holdings Inc. (Colorado, Illinois, Massachusetts, New Jersey, West Virginia)
- Headquarters
- United States
- Ticker
- —
Seller
CThe Cannabist Company Holdings Inc.
- Headquarters
- —
- Ticker
- —