Vireo Growth enters put/call agreement to acquire US$18.1 million promissory note

Vireo Growth entered a three-year put/call agreement tied to a promissory note loan issued by BG Ohio SPV, with Battle Green Holdings able to require Vireo to acquire the note via share issuance at US$19.50 per subordinate voting share. Vireo can elect to buy at US$18.60 per share; principal totals US$18,096,028. If neither option is exercised by maturity, Vireo would acquire the note at the trailing 30-day VWAP, subject to CSE minimums.