Company: VREOF
Filing Date: 2025-03-11
Form Type: PREM14C
Source: 0001140361-25-008065
Chunk: 338

Company: Vireo Growth Inc.
Filing Date: 2025-03-11
Form: PREM14C
Chunk 338
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 the acquisitions that occurred during the year ended December 31, 2024:

| Cash                          |     |     $60,000 |
| Accounts Receivable           |     |     365,885 |
| Inventory                     |     |   3,431,517 |
| Fixed Assets                  |     |   6,314,530 |
| Right-of-Use Assets           |     |   8,401,321 |
| Intangible Assets             |     |  20,541,185 |
| Lease Liabilities             |     |  -8,401,321 |
| Accounts Payable              |     |  -1,087,514 |
| Loyalty Points                |     |    -491,425 |
| Total Identifiable Net Assets |     |  29,134,178 |
| Goodwill                      |     |   6,537,501 |
| Net Assets                    |     | $35,671,679 |
| Debt                          |     | $20,000,000 |
| Cash                          |     |  15,671,679 |
| Total Consideration           |     | $35,671,679 |

Balances are subject to change during the measurement period which will conclude at the earlier of the date the Company receives the information it was seeking about facts and circumstance that existed as of the acquisition date, learns more information is not obtainable, or up to one year following the acquisition date. Any changes to the preliminary estimates of the fair value of the assets acquired and liabilities assumed will be recorded as adjustments to those assets and liabilities and residual amounts will be allocated to goodwill.

| 7. | INTANGIBLE ASSETS |

As of December 31, 2024, intangible assets consisted of the following:

| Balance as of January 1, 2024      |     |    Licenses 
          $— |
|:-----------------------------------|:----|------------:|
| Addition from business combination |     |  20,541,184 |
| Balance as of December 31, 2024    |     | $20,541,184 |
| Accumulated Amortization           |     |             |
| Balance as of January 1, 2024      |     |          $— |
| Amortization                       |     |     255,122 |
| Balance as of December 31, 2024    |     | $20,286,062 |

There were no intangible assets as of December 31,