Company: VREOF
Filing Date: 2025-12-09
Form Type: S-3
Source: 0001104659-25-119699
Chunk: 46

Company: Vireo Growth Inc.
Filing Date: 2025-12-09
Form: S-3
Chunk 46
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the Selling Securityholders from the sale of the Subordinate Voting Shares offered by them will be the purchase price of such Subordinate
Voting Shares less discounts or commissions, if any. Each of the Selling Securityholders reserves the right to accept and, together with
their agents from time to time, to reject, in whole or in part, any proposed purchase of Subordinate Voting Shares to be made directly
or through agents. We will not receive any of the proceeds from the resale of the Subordinate Voting Shares.

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The Selling Securityholders
also may resell all or a portion of the Subordinate Voting Shares in open market transactions in reliance upon Rule 144 under the
Securities Act, provided that they meet the criteria and conform to the requirements of that rule.

The Selling Securityholders
and any underwriters, broker-dealers or agents that participate in 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