Goodness Growth Holdings, Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Joshua Nathaniel Rosen
- Full Time Employees
- 385
- Sector
- Healthcare
- Industry
- Drug Manufacturers - Specialty & Generic
- Address
- 207 South 9th Street Minneapolis MN United States of America 55402
- IPO Date
- Mar 22, 2019
- CIK
- 0001771706
- Website
- goodnessgrowth.com
- Similar Companies
- Business
- Vireo Growth Inc., formerly Goodness Growth Holdings, Inc., operates as a vertically integrated cannabis company focused on the cultivation, manufacturing, processing, and retail sale of medical and adult-use cannabis products across select U.S. markets; its core offerings include cannabis flower, pre-rolls, vaporizer pens and cartridges such as Vireo Spectrum and Vireo Selects brands, edibles like Hi-Color, oils, syringes, softgels, tablets, oral solutions, sprays, topicals including balms and bars, and branded strains sold through Green Goods and Goodness Growth dispensaries as well as wholesale channels. The company maintains operations in states including Minnesota, Maryland, and others with cultivation facilities using indoor, outdoor, and greenhouse methods, production sites for extraction and formulation, and a network of retail dispensaries targeting patients and adult-use consumers. Founded in 2014 and headquartered in Minneapolis, Minnesota, with a registered office in Vancouver, British Columbia, Vireo Growth employs a seed-to-sale model emphasizing quality control, proprietary strains, and compliance in regulated markets. In recent developments, the company changed its name from Goodness Growth Holdings to Vireo Growth Inc. in June 2024, with subordinate voting shares transitioning to tickers VREO on the CSE and VREOF on OTCQX effective July 2024, reflecting a return to its foundational Vireo brand heritage. It sold its Vireo Health of New York subsidiary to Ace Venture Enterprises in a deal valued at $3-5 million, encompassing licenses, inventory, assets, and a cultivation/manufacturing facility lease in Johnstown, New York, while retaining management oversight for approximately 15% of net profits via an advisory agreement supported by a $2.5 million loan; the transaction aids compliance efforts with lender Chicago Atlantic and is expected to close by June 30 pending approvals. Additional changes include closing a non-brokered private placement in June 2024, ongoing talks for credit facility extensions into 2024, and divestitures like its Ontario business following a terminated merger, alongside Q3 2024 results reporting in November 2024.
Goodness Growth (OTCMKTS:GDNSF) Stock Price Down 0.1% – Time to Sell?
CSE Bulletin: Name and Symbol Change - Goodness Growth Holdings Inc. (GDNS)
Goodness Growth Holdings Announces Name Change to Vireo Growth Inc.
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