Publicly Traded Goodness Growth Cannabis Company Changes Name

Goodness Growth Holdings, Inc. GDNSF announced Monday that it has changed its name to Vireo Growth. The Minnesota-based cannabis company expects pending final regulatory approval, effective at market open on or about July 8, 2024 when its subordinate voting shares will begin trading as “Vireo Growth Inc.” under the ticker symbol "VREO" on the Canadian Securities Exchange and on the OTCQX Market in the United States under ticker symbol "VREOF."

"As we have previously discussed, our name change to Vireo reflects a return to our roots and focus as a cannabis industry operator," stated Josh Rosen, the company's CEO."We are proud of the Vireo brand name and its importance in our heritage, and believe Vireo appropriately reflects our corporate identity to all stakeholders."

Read Also: Goodness Growth Reports 16% YoY Revenue Growth In Q1, Progress Regarding New York Exit.

The name change will not affect the rights of the company’s shareholders. There will be no consolidation of capital associated with the name change. Shareholders will not be required to take any action in connection with the name change. Issued certificates representing subordinate and multiple voting shares in the capital of the company will not be affected by the name change and will not need to be exchanged.

The New CUSIP associated with the listed subordinate voting shares is: 92767B105

The New ISIN associated with the listed subordinate voting shares is: CA92767B1058

Price Action

Vireo Growth shares closed Monday market session flat at 37 cents per share.

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