Vireo Growth completes acquisition of FLUENT
Vireo Growth completed its acquisition of FLUENT on November 9, 2026, issuing 6,148,780 subordinate voting shares. The deal expands Vireo’s Florida footprint to about 74 operational dispensaries and 317,000 square feet of cultivation and manufacturing capacity.
1. Acquisition completed
Vireo Growth completed its acquisition of FLUENT on November 9, issuing 6,148,780 subordinate voting shares. Immediately before closing, FLUENT converted about US$30 million of debt and a further US$5.7 million into equity.
2. Planned divestitures
Etain will be sold to a third-party operator, after its Buffalo operations are transferred to Vireo affiliate Ace Heritage. Cansortium Texas will be sold to Legacy Therapeutics; both divestitures are subject to regulatory approvals and customary closing conditions.
