Vireo Growth (TSE:VREO) has released an update.
Vireo Growth Inc. has extended the maturity date of its credit facility loans to January 29, 2027, and also announced the voluntary conversion of all outstanding convertible notes by Chicago Atlantic, leading to significant interest expense savings. The extension and conversion are part of Vireo’s strategy to fortify its financial base and capitalize on market opportunities, including the upcoming adult-use sales in Minnesota.
For further insights into TSE:VREO stock, check out TipRanks’ Stock Analysis page.