Vireo Growth Inc., a Minneapolis-based company specializing in cannabis cultivation, manufacturing, and retail operations, has finalized the acquisition of M3 Wellness, a Nevada dispensary located in Hawthorne. The transaction, valued at $500,000, was structured as an indirect asset purchase and completed on September 21, 2026, following an agreement signed on June 5, 2026. The deal included $290,000 in cash upfront and the issuance of 13,888 subordinate voting shares, each valued at $15.12 at the time of issuance, accounting for the remaining $210,000 of the purchase price.
Vireo Growth operates across the U.S., with a portfolio of cultivation, manufacturing, and retail dispensary operations spanning 10 states and more than 170 dispensaries nationwide. The company’s expansion includes services such as home delivery, distribution, and agricultural supply. This acquisition marks another step in Vireo Growth’s growth strategy within the cannabis sector, reinforcing its footprint in Nevada and beyond.
