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Added to YB: 2026-03-23

Pitch date: 2026-03-19

VREOF [neutral]

Vireo Growth Inc.

Author Info

Mindset Value provides deep dive research into publicly traded stocks, business models, and ideas. Sign up for the newsletter.

Company Info

Vireo Growth Inc. operates as a cannabis company that cultivates, manufactures, processes, and distributes medical and adult-use cannabis products in Maryland, Minnesota, Missouri, Nevada, New York, and Utah.

Market Cap

CAD 472.7M

Pitch Price

N/A

Price Target

N/A

Dividend

N/A

EV/EBITDA

29.16

P/E

-3.65

EV/Sales

3.06

Sector

Pharmaceuticals

Category

growth

Show full summary:
A Vireo Strong Quarter

VREOF (earnings): Q4 rev $105M (+25% pro forma), beat est by 10%+, 11.3% same-store sales growth. Outperformed in mature markets: NV +12% vs market +2%, MO +7% vs +2%. 4 acquisitions pending could add $400M+ rev at <5x EBITDA, targeting $800-900M total rev (top 5 globally). MN facility near completion, supply-constrained for years. $100M+ cash. Stock trades 4-5x EBITDA despite double-digit growth trajectory.

Read full article (3 min)