Company: VREOF
Filing Date: 2025-03-07
Form Type: PRE 14C
Source: 0001140361-25-007601
Chunk: 149

Company: Vireo Growth Inc.
Filing Date: 2025-03-07
Form: PRE 14C
Chunk 149
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 U.S. southwest in Utah and Nevada and midwest in Missouri, where recreational adult use of cannabis was recently legalized, providing increased scale and geographic diversity, which the Board viewed as particularly relevant given the current and expected future competitive environment in which the Company operates, the potential for consolidation in the sector and the likely effect of these factors on the business, operations, management, financial condition, earnings and prospects of the Company. |

| • | Attractive Market Mix. Following the Mergers, the Company would be expected to be operator of a unique portfolio of state-level operations with a desirable mix of cash flow and high-growth markets. |

| • | Addition of Premium Brands to Product Portfolio. Following the Mergers, the Company would be expected to deliver a larger array of in-house brands and national brand partners with a successful line of products across multiple delivery formats. |

| • | Advanced Proprietary Technology. Arches omni-channel customer engagement and delivery capabilities to be leveraged across the Company’s platform would be expected to enhance in-store, pickup and delivery distribution. |

| • | Enhanced Capital Markets Profile and Broader Access to Liquidity. The Company’s expanded capital markets profile following the Mergers is expected to appeal to a broader shareholder audience, enhance trading liquidity and increase weighting in index tracking portfolios, as well as provide for more beneficial access to capital. |

| • | Leverages Expert Operating Teams and Best Practices. The Company is expected to benefit from enhanced operational excellence by leveraging substantial knowledge of local markets. |

| • | Value Compared to Alternatives. The Board’s conclusion, after receiving the advice of its legal and financial advisors, that the value offered to the Company under the Merger Agreements and the Share Issuance is more favorable to the Company than the potential value that might have resulted from other strategic alternatives reasonably available to the Company, including the Company’s standalone business plan, taking into consideration the potential rewards, risks and uncertainties associated with other alternatives. |

| • | Merger Agreements. The Merger Agreements include, from each of the Company, Proper, Wholesome and Deep Roots, representations and warranties, and covenants and indemnities, and the conditions to their respective obligations that are reasonable in the judgment of the Board following consultations with its advisors, and are the product of arm’s length negotiations between the Company and its advisors and |

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Proper, Wholesome and Deep Roots and their advisors. In addition, each Merger Agreement contains earn-out