About Vireo Growth
Vireo Growth is a publicly listed company based in Minneapolis (United States) founded in 2014 by Kyle Kingsley. Cannabis company focused on cultivation, manufacturing, wholesale, and retail. The company has 520 employees. Vireo Growth has completed 4 acquisitions, including Eaze, Fluent and Hawthorne Gardening. Its chief executive, as recorded, is Amber Shimpa. Vireo Growth offers products and services including Moonlight Gel Capsules, Vireo Spectrum, Vireo Health Brands, Boundary Waters, and HiColor. Its focus areas include Retail, Cannabis Brands and Retailers, Retailers and Diversified. Its legal entity is Vireo Growth Inc. Its competitors include Cresco Labs, Goodness Growth Holdings and Sweet Flower; 2 of its 3 listed competitors have raised funding.
Company details
Vireo Growth was established in 2014 in Minneapolis, United States, within the cannabis sector. Cultivation, manufacturing, wholesale distribution, and retail operations are managed. Cannabis products are supplied via retail dispensaries, with emphasis placed on customer experiences. A portfolio of brands is offered to serve cannabis consumers across these activities.
- Headquarters Minneapolis, United States
- Employees 520
- Founders Kyle Kingsley
- Stage Public
- SectorsConsumer
- Phone•••• ••••
- Website vireogrowth.com
- Social LinkedIn X
- Legal Name Vireo Growth Inc
- Annual Revenue$274.29 M (USD)175.83as on Dec 31, 2025
- Net Profit-$69.51 M (USD)-148.05as on Dec 31, 2025
- EBITDA$27.8 M (USD)45.64as on Dec 31, 2025
- Latest Funding Round$1.67M (USD), Post-IPO
Dec 2025
- Investors
- Employee Count520
- Investments & AcquisitionsEaze
& 3 more
Products & Services of Vireo Growth
Vireo Growth offers a comprehensive portfolio of products and services, including Moonlight Gel Capsules, Vireo Spectrum, Vireo Health Brands, Boundary Waters, and HiColor.
Gel capsules designed for sleep aid and wellness support
Range of cannabis items for various consumer preferences
Branded products focused on quality and accessibility
Specific cannabis brand for diverse user needs
Cannabis products targeting different preferences and effects
Funding Insights of Vireo Growth
- Total Rounds 7
- Last Round Post-IPO — $1.67M
- First Round $5.39M
(Jul 2024)
- Investors Count 1
All 7 funding rounds of Vireo Growth with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2025 | $1.67M | Post-IPO | – | – | – |
| Oct 2025 | $62M | Post-IPO | – | – | – |
| Jul 2025 | $10M | Post-IPO | – | – | – |
| May 2025 | $69.55M | Post-IPO | – | – | – |
| Dec 2024 | $81M | Post-IPO | – | – | |
| Nov 2024 | $10M | Post-IPO | – | – | – |
| Jul 2024 | $5.39M | Post-IPO | – | – | – |
1 investors in total: 1 institutional.
Investors in Vireo Growth
Vireo Growth has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Chicago Atlantic.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Working capital and real estate loans are provided to businesses. | 2018 | chicagoatlantic.com | Chicago, United States |
Investor details for Vireo Growth
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Vireo Growth
2 people are tracked at Vireo Growth (2 in leadership); the tracked headcount is 520.
| Name | Role | Group |
|---|---|---|
Kyle Kingsley | Founder | Leadership |
Amber Shimpa | CEO | Leadership |
Complete people profiles for Vireo Growth
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Vireo Growth
Vireo Growth is a publicly listed company on the CSE with ticker symbol VREO in Canada, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date12 Jul 2024
- Listed onFRA: 0ZF
- Listed entityVireo Growth Inc
- Exchange sectorProcess industries
- ISINCA92767B2049
- Share price12.68 CAD (-5.16% on the day) · 2026-10-13
- Market capitalisation654,133,102.00 CAD
- EPS (diluted, trailing year)-2.73 CAD
- Volume (last session)8,556
Financials of Vireo Growth
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 375.6M CAD | -95.2M CAD | 38.1M CAD |
| 2024 | 136.2M CAD | -38.4M CAD | 26.1M CAD |
| 2023 | 119.0M CAD | -34.5M CAD | 15.8M CAD |
| 2022 | 97.2M CAD | -55.3M CAD | -6.1M CAD |
| 2021 | 68.3M CAD | -42.2M CAD | -23.9M CAD |
Detailed financial statements for Vireo Growth
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Vireo Growth
Vireo Growth has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Eaze, Fluent and Hawthorne Gardening.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Medical cannabis products are dispensed via specialized services. | getfluent.com | Miami, United States | 2000 | Apr 2026 | •••• | |
Provides comprehensive hydroponic growing systems for cannabis cultivation. | hawthorne-gardening.com | Vancouver, United States | 2014 | Apr 2026 | •••• | |
Hyperlocal delivery of marijuana products and consultations are facilitated. | eaze.com | San Francisco, United States | 2014 | Dec 2025 | $47M | |
Brand development services are provided through Properbrands' online platform. | properbrands.com | 0 | Dec 2024 | $397M |
Complete acquisition details for Vireo Growth
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Vireo Growth
8 dated milestones of Vireo Growth across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Vireo Growth is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $5.4M.
- Acquisition Acquires Properbrands.
- Acquisition Acquires Eaze.
- Funding Latest funding round, Post-IPO, of $1.7M.
- Acquisition Acquires Hawthorne Gardening.
- Acquisition Acquires Fluent.
Competitors of Vireo Growth
Vireo Growth has 3 listed competitors in our database, 2 of them funded. They include Cresco Labs, Goodness Growth Holdings and Sweet Flower.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| crescolabs.com | 2013 | Chicago, United States | $104M | Retailer of cannabis based products | ||
| goodnessgrowth.com | 2021 | Minneapolis, United States | Retailer of cannabis products | |||
| sweetflower.com | 2018 | Los Angeles, United States | $15M | Provider of an E-commerce platform for cannabis products |
Detailed competitors of Vireo Growth
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Vireo Growth
The website of Vireo Growth (vireogrowth.com) receives about 5.2K visits a month.
- Monthly visits5.2K
▲ 53.6% vs previous month
Top companies in Cannabis Industry & Retail
3 companies that operate in the same segment as Vireo Growth (Cannabis Industry & Retail) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Comprehensive management and consulting services for marijuana operations are provided. | 2010 | Culver City, California, United States | USD 202.64 M | USD 140.81 M | ||
Cannabis-related health and wellbeing products are provided nationally. | 2002 | Chicago, Illinois, United States | USD 824.73 M | 4,600 | ||
Cannabis plants and products services are provided by AWH. | 2014 | Cambridge, Massachusetts, United States | USD 134.83 M | USD 500.58 M | 2,300 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Vireo Growth
Complete news archive for Vireo Growth
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vireo Growth
Vireo Growth was founded in 2014 and raised its 1st funding round 10 years after it was founded.
Vireo Growth is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Amber Shimpa is the CEO of Vireo Growth, as recorded in our data.
Vireo Growth has 520 employees.
Annual revenue of Vireo Growth is $274.29M as on Dec 31, 2025.
Vireo Growth was established in 2014 in Minneapolis, United States, within the cannabis sector. Cultivation, manufacturing, wholesale distribution, and retail operations are managed. Cannabis products are supplied via retail dispensaries, with emphasis placed on customer experiences. A portfolio of brands is offered to serve cannabis consumers across these activities.
Vireo Growth's top competitors include Cresco Labs, Sweet Flower and Goodness Growth Holdings.
Vireo Growth offers Moonlight Gel Capsules, Vireo Spectrum, Vireo Health Brands, Boundary Waters, and HiColor.
Yes, Vireo Growth is publicly traded on CSE under the ticker symbol VREO.
Vireo Growth has made 4 acquisitions, including Eaze, Fluent, and Hawthorne Gardening.
Vireo Growth has 1 investor. Key investors include Chicago Atlantic.
Vireo Growth operates through Vireo Growth Inc..