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Vireo Growth Inc. — Third Quarter 2026 Earnings Summary

Vireo Growth Inc. reported third-quarter 2026 GAAP revenue of $253.7 million, representing a 177% year-over-year increase driven by recent mergers and acquisitions. The company achieved an annualized revenue run rate exceeding $1 billion and closed the quarter with $106.8 million in cash while executing a consolidation strategy that includes the acquisition of C21 Investments and PharmaCann Colorado assets. Adjusted EBITDA for the quarter reached $42.7 million, and the company announced a share repurchase program alongside new financing facilities to support its growth. Management provided guidance for the fourth quarter of 2026, expecting revenue between $250 million and $265 million and Adjusted EBITDA between $45 million and $48 million.