# EDGAR Filing Document

**Accession Number:** 0001771706
**File Stem:** 0001104659-25-073146
**Filing Date:** 2025-8
**Character Count:** 11679
**Document Hash:** bc3a6d061346c0086a8a918d9a3041d2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-073146.hdr.sgml**: 20250801

**ACCESSION NUMBER**: 0001104659-25-073146

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250801

**DATE AS OF CHANGE**: 20250801

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Vireo Growth Inc.
- **CENTRAL INDEX KEY:** 0001771706
- **STANDARD INDUSTRIAL CLASSIFICATION:** PHARMACEUTICAL PREPARATIONS [2834]
- **ORGANIZATION NAME:** 03 Life Sciences
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A1
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-91969
- **FILM NUMBER:** 251176877

**BUSINESS ADDRESS:**
- **STREET 1:** 207 SOUTH 9TH STREET
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55402
- **BUSINESS PHONE:** 604-617-5421

**MAIL ADDRESS:**
- **STREET 1:** 207 SOUTH 9TH STREET
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55402

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Goodness Growth Holdings, Inc.
- **DATE OF NAME CHANGE:** 20210607

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Vireo Health International, Inc.
- **DATE OF NAME CHANGE:** 20190326
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Capurro Keith Lee
- **CENTRAL INDEX KEY:** 0001454749

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D

**MAIL ADDRESS:**
- **STREET 1:** 9990 DOUBLE R. BOULEVARD
- **CITY:** RENO
- **STATE:** NV
- **ZIP:** 89521

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**Vireo Growth Inc.**

*(Name of Issuer)*

**Subordinate Voting Shares**

*(Title of Class of Securities)*

**92767B105**

*(CUSIP Number)*

**Joseph Duxbury**<br>207 South 9th Street<br>Minneapolis MN 55402<br>612-239-1963

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**06/06/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **92767B105** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Keith Capurro** | Name of reporting person<br>**Keith Capurro** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**1781570.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**58421110.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**1781570.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**58421110.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**60202680.00** | Aggregate amount beneficially owned by each reporting person<br>**60202680.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**6.47%** | Percent of class represented by amount in Row (11)<br>**6.47%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

| **CUSIP No.** | **92767B105** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Ryan Breeden** | Name of reporting person<br>**Ryan Breeden** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**890785.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**58421110.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**890785.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**58421110.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**59311895.00** | Aggregate amount beneficially owned by each reporting person<br>**59311895.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**6.38%** | Percent of class represented by amount in Row (11)<br>**6.38%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

| **CUSIP No.** | **92767B105** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**KCRB LLC** | Name of reporting person<br>**KCRB LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**NEVADA** | Citizenship or place of organization<br>**NEVADA** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**58421110.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**58421110.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**58421110.00** | Aggregate amount beneficially owned by each reporting person<br>**58421110.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**6.28%** | Percent of class represented by amount in Row (11)<br>**6.28%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Subordinate Voting Shares

**(b) Name of Issuer:**
Vireo Growth Inc.

**(c) Address of Issuer's Principal Executive Offices:**
207 South 9th Street, Minneapolis, MN, 55402

**Item 4. Purpose of Transaction**

The purpose of this filing is to report the acquisition of beneficial ownership by the Reporting Persons of an aggregate of 61,093,465 subordinate voting shares of the Issuer.

Mr. Capurro and Mr. Breeden are the Manager and Chief Revenue Officer, respectively, of Deep Roots Holdings, Inc., a wholly-owned subsidiary of the Issuer. As such, they participate in the management of the Issuer. The Reporting Persons may from time to time develop plans respecting, or propose changes in, the management, composition of the board of directors, operations, capital structure or business of the Issuer. Depending upon market conditions and other factors that the Reporting Persons deem material, they may purchase additional subordinate voting shares or other securities of the Issuer in the open market, private transactions or from the Issuer, or may dispose of all or a portion of the subordinate voting shares or other securities of the Issuer that they now own or may hereafter acquire. Except as described above, the Reporting Persons do not have any present plans or proposals that relate to, or that would result in, any of the events described in paragraphs (a) to (j) of the instructions to Item 4 of Schedule 13D. The Reporting Persons reserve the right to formulate plans or make proposals, and to take any actions with respect to their investments in the Issuer, including any or all of the actions described in paragraphs (a) to (j) of the instructions to Item 4 of Schedule 13D.

**Item 5. Interest in Securities of the Issuer**

**(a)**
See the information on the cover pages of this Schedule 13D, which is incorporated by reference herein.

**(b)**
See the information on the cover pages of this Schedule 13D, which is incorporated by reference herein.

**(c)**
The Reporting Persons have not effected any transactions in the subordinate voting shares of the Issuer during the past 60 days, other than as described in Item 4 of this Schedule 13D.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

Other than as described in this Statement, to the knowledge of the Reporting Persons, there are no other contracts, arrangements, understandings or relationships (legal or otherwise) among the Reporting Persons or between the Reporting Persons and any other persons with respect to any securities of the Issuer, including but not limited to transfer or voting of any of the securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Keith Capurro

**Signature:** /s/ Keith Capurro

**Name/Title:** Keith Capurro

**Date:** 08/01/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Ryan Breeden

**Signature:** /s/ Ryan Breeden

**Name/Title:** Ryan Breeden, Chief Revenue Officer

**Date:** 08/01/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** KCRB LLC

**Signature:** /s/ Keith Capurro

**Name/Title:** Keith Capurro, Manager

**Date:** 08/01/2025