Company: VREOF
Filing Date: 2025-12-09
Form Type: S-3
Source: 0001104659-25-119699
Chunk: 47

Company: Vireo Growth Inc.
Filing Date: 2025-12-09
Form: S-3
Chunk 47
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 prospectus (as it may be supplemented or amended from time to time) available to the Selling Securityholders
for the purpose of satisfying the prospectus delivery requirements of the Securities Act. The Selling Securityholders may indemnify any
broker-dealer that participates in transactions involving the sale of the Subordinate Voting Shares against certain liabilities, including
liabilities arising under the Securities Act.

We have agreed to indemnify
the Selling Securityholders against liabilities, including liabilities under the Securities Act and state securities laws, relating to
the registration of the Subordinate Voting Shares offered by this prospectus.

<div align='center'>30

LEGAL MATTERS</div>

Except as otherwise set forth in an applicable
prospectus supplement, certain legal matters with respect to the validity of the offered Subordinate Voting Shares under Canadian law
will be passed upon for Vireo Growth by Sangra Moller LLP. If legal matters in connection with offerings made pursuant to this prospectus
are passed upon by counsel to underwriters, dealers or agents, such counsel will be named in the prospectus supplement related to such
offering.

<div align='center'>EXPERTS</div>

The consolidated balance sheets of Vireo Growth
as of December 31, 2024 and 2023, and the related consolidated statements of net loss and comprehensive loss, stockholders’
equity (deficiency), and cash flows for the years ended December 31, 2024 and 2023, and the related notes have been incorporated
by reference herein and in the registration statement in reliance upon the report of Davidson & Company LLP, independent registered
public accounting firm, incorporated by reference herein, and upon the authority of said firm as experts in accounting and auditing.

<div align='center'>WHERE YOU CAN FIND MORE INFORMATION</div>

We file annual, quarterly and current reports,
proxy statements and other information with the SEC. Our SEC filings are available over the Internet at the SEC’s web site at www.sec.gov.
We maintain a web site at www.vireogrowth.com. The information on our web site is not incorporated by reference in this prospectus or
any prospectus supplement and you should not consider it a part of this prospectus or any accompanying prospectus supplement.

This prospectus is part of a registration statement
on Form S-3 that we have filed under the Securities Act with the SEC. This prospectus, which constitutes a part of that registration
statement, does not contain all of the information included in the registration statement and the