Company: VREOF
Filing Date: 2025-07-24
Form Type: 424B3
Source: 0001104659-25-070426
Chunk: 43

Company: Vireo Growth Inc.
Filing Date: 2025-07-24
Form: 424B3
Chunk 43
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 the sale of the Subordinate Voting Shares therein may be “underwriters”
within the meaning of Section 2(a)(11) of the Securities Act. Any discounts, commissions, concessions or profit they earn on any resale
of the Subordinate Voting Shares may be underwriting discounts and commissions under the Securities Act. Selling Securityholders who are
“underwriters” within the meaning of Section 2(a)(11) of the Securities Act will be subject to the prospectus delivery requirements
of the Securities Act.

To the extent required, the
Subordinate Voting Shares to be sold, the names of the Selling Securityholders, the respective purchase prices and public offering prices,
the names of any agents, dealer or underwriter, any applicable commissions or discounts with respect to a particular offer will be set
forth in an accompanying prospectus supplement or, if appropriate, a post-effective amendment to the registration statement that includes
this prospectus.

In order to comply with the
securities laws of some states, if applicable, the Subordinate Voting Shares may be sold in these jurisdictions only through registered
or licensed brokers or dealers. In addition, in some states the Subordinate Voting Shares may not be sold unless it has been registered
or qualified for sale or an exemption from registration or qualification requirements is available and is complied with.

We have advised the Selling
Securityholders that the anti-manipulation rules of Regulation M under the Exchange Act may apply to sales of Subordinate Voting Shares
in the market and to the activities of the Selling Securityholders and their affiliates. In addition, to the extent applicable we will
make copies of this 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.

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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