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Vireo Growth Inc. secures $60 million in financing to support its New York and Florida cultivation facilities. The funds will help acquire a facility in Palatka and refinance existing debt.
Amount Raised
$60 Million
Round Type
Venture
Description
Vireo Growth Inc. announced a financing deal of $60 million to enhance its cannabis cultivation operations in New York and Florida. About $49 million will refinance existing senior debt, while the remaining $11 million will be used to acquire a new facility in Palatka, Florida. The new facility will significantly contribute to Vireo's growth strategy in the region
Fundz sees it the moment Vireo Growth raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Vireo Growth raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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