Company: VREOF
Filing Date: 2025-03-11
Form Type: PREM14C
Source: 0001140361-25-008065
Chunk: 379

Company: Vireo Growth Inc.
Filing Date: 2025-03-11
Form: PREM14C
Chunk 379
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079 |
| Total lease liabilities       |     |  1,972,801 |     |  3,783,588 |
| Less Current Potion           |     |   -179,745 |     |   -588,523 |
| Long-Term Lease Obligations   |     |  1,793,056 |     |  3,195,065 |

| NOTE 9: | FINANCING LIABILITY – RELATED PARTY |

|                                                                                                                                                                                                                                                                                                                                                     |     |     2024 |     | 2023 |
| Financing Liability - On December 24, 2024 the Company entered into a sale leaseback transaction with a CPJP2, LLC which is owned by two major members of the Company. The lease agreement requires monthly payments of $15,167 per month for five years. The lease has an option for five more years. The annual imputed interest rate was 24.216% |     |  520,000 |     |    — |
| Financing Liability - monthly payments of                                                                                                                                                                                                                                                                                                           |     | $520,000 |     |   $— |
| Less: Current Portion                                                                                                                                                                                                                                                                                                                               |     |   56,489 |     |    — |
| Long-Term Debt - Net of Current Portion                                                                                                                                                                                                                                                                                                             |     | $463,511 |     |   $— |

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TABLE OF CONTENTS

NOTE 9: FINANCING LIABILITY – RELATED PARTY (continued) Principal Maturities on Financing Liability – Related Party are as follows:

| Year       |     |   Amount |
| 2025       |     |   56,489 |
| 2026       |     |   78,045 |
| 2027       |     |   99,189 |
| 2028       |     |  126,062 |
| Thereafter |     |  160,215 |
|            |     | $520,000 |

| NOTE 10: | SERIES B SHARE LIABILITY |

The Company issued 1,648 Series B Shares without par value, for $8,615,935 subject to the approval of Missouri Department of Health and Senior Services (DHSS). As of December 31, 2024, the issuance of the Series B Shares has not been approved by the DHSS. (See Note 12 – Members’ Equity).

| NOTE 11: | ADVANCE FROM HUB INC. |

On July 6, 2023, the