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Vireo Growth Enters Definitive Agreements to Acquire Outstanding Senior Secured Convertible Notes of Schwazze | Where to order Skittles Moonrock online

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[PRESS RELEASE] – MINNEAPOLIS, Oct. 2, 2025 – Vireo Growth Inc. announced that it has entered into definitive agreements to acquire approximately 86% of the outstanding senior secured convertible notes of public U.S. multistate cannabis operator, Medicine Man Technologies Inc. (d/b/a “Schwazze”) from third-party noteholders. The notes will be acquired at a price substantially below par value, for total consideration of approximately $62 million payable in subordinate voting shares of the company at closing, at a deemed price per share of $0.54.

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