Company: VREOF
Filing Date: 2025-03-21
Form Type: DEFM14C
Source: 0001140361-25-009815
Chunk: 349

Company: Vireo Growth Inc.
Filing Date: 2025-03-21
Form: DEFM14C
Chunk 349
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 program members are included in accrued liabilities and recorded as a sales discount at the time a qualifying purchase is made. The value of points accrued as of December 31, 2024 and 2023 was approximately $584,000 and $324,000, respectively. The amount has been included in accrued liabilities in the Company’s consolidated balance sheets.

| 16. | COMMITMENTS AND CONTINGENCIES |

| (a) | Claims and Litigation |

From time to time, the Company may be involved in litigation relating to claims arising out of operations in the normal course of business. As of December 31, 2024, there were no pending or threatened lawsuits that could reasonably be expected to have a material effect on the results of the Company’s operations. There are also no proceedings in which any of the Company’s directors, officers or affiliates is an adverse party or has a material interest adverse to the Company’s interest.

| (b) | Contingencies |

The Company’s operations are subject to a variety of local and state regulation. Failure to comply with one or more of those regulations could result in fines, restrictions on its operations, or losses of permits that could result in the Company ceasing operations. While management of the Company believes that the Company is in compliance with applicable local and state regulation as of December 31, 2024, cannabis regulations continue to evolve and are subject to differing interpretations. As a result, the Company may be subject to regulatory fines, penalties, or restrictions in the future.

| 17. | SUBSEQUENT EVENTS |

Management has evaluated significant events or transactions that have occurred since the consolidated balance sheet date and through February 26, 2025, the date the consolidated financial statements were available to be issued. Management has determined that no events or transactions have occurred subsequent to December 31, 2024, that require additional disclosure in the consolidated financial statements or notes.

B-20

#### TABLE OF CONTENTS

#### WholesomeCo, Inc. and Subsidiaries

### Consolidated Financial Statements

#### As of December 31, 2024 and 2023 and

#### For the Years Then Ended

#### Together with Independent Auditors’ Report
<div align='center'>B-21</div>

#### TABLE OF CONTENTS

#### To the Board of Directors of

#### WholesomeCo, Inc.

#### Opinion
We have audited the accompanying consolidated financial statements of WholesomeCo, Inc. and subsidiaries (a Delaware corporation), which comprise the consolidated