Vireo Growth

Minneapolis, United States Founded: 2014 • Age: 12 yrs
Cannabis company focused on cultivation, manufacturing, wholesale, and retail
Annual revenue $94.6M Latest available
Total funding - 7 rounds
Employees 520 Tracked headcount
Investors 1 Known backers
Products 5 Services tracked
Competitors 7 Brand Intelligence

About Vireo Growth

Vireo Growth is a company based in Minneapolis (United States) founded in 2014 by Kyle Kingsley. The company has 520 employees as of December 31, 2024. Vireo Growth has completed 4 acquisitions, including Eaze, Fluent and Hawthorne Gardening. Vireo Growth offers products and services including Moonlight Gel Capsules, Vireo Spectrum, Vireo Health Brands, Boundary Waters, and HiColor. Vireo Growth operates in a competitive market with competitors including Auxly, TerrAscend, Cresco Labs, Goodness Growth Holdings and Sweet Flower, among others.

  • Headquarter Minneapolis, United States
  • Employees 520 as on 31 Dec, 2024
  • Founders Kyle Kingsley
  • Stage Public
  • Sectors
    Consumer
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Vireo Growth Inc
Operational Areas
Consumer → Tobacco, Cannabis & Alternative Products Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $94.63 M (USD)
    14.46
    as on Dec 31, 2024
  • Net Profit
    -$26.67 M (USD)
    -11.28
    as on Dec 31, 2024
  • EBITDA
    $18.17 M (USD)
    65.12
    as on Dec 31, 2024
  • Latest Funding Round
    $1.67 M (USD), Post-IPO

    Dec 30, 2025

  • Investors
  • Employee Count
    520

    as on Dec 31, 2024

  • Investments & Acquisitions
    Eaze

    & 3 more

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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.

Exchange: CSE · Ticker: VREO · Sector: Process industries · Canada

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.

Product name locked
Category locked
Primary

Gel capsules designed for sleep aid and wellness support

Product name locked
Category locked
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Range of cannabis items for various consumer preferences

Product name locked
Category locked
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Branded products focused on quality and accessibility

Product name locked
Category locked
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Specific cannabis brand for diverse user needs

Product name locked
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Cannabis products targeting different preferences and effects

Funding Insights of Vireo Growth

Investors in Vireo Growth

Vireo Growth has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Chicago Atlantic.

All
Institutional
Investor Description Founded Year Domain Location
Working capital and real estate loans are provided to businesses.
Locked Locked Locked
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Investor details for Vireo Growth

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  • Investor locations
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  • Participation history

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.

Investments
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Investment portfolio details for Vireo Growth

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Hyperlocal delivery of marijuana products and consultations are facilitated.
Locked Locked 2014 Locked
Provides comprehensive hydroponic growing systems for cannabis cultivation.
Locked Locked 2014 Locked
Medical cannabis products are dispensed via specialized services.
Locked Locked 2000 Locked
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Complete acquisition details for Vireo Growth

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Financial Statements - Vireo Growth

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Detailed financials for Vireo Growth

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Vireo Growth Comparisons

Vireo Growth Primary company
Description
Cannabis company focused on cultivation, manufacturing, whol...
Location
Minneapolis, United States
Founded Year
2014
Annual Revenue
$94.63 M (USD)
Net Profit
-$26.67 M (USD)
EBITDA
$18.17 M (USD)
Employees
520
As of 2024
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Peer comparison for Vireo Growth

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Competitors of Vireo Growth

Vireo Growth operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Auxly, TerrAscend, Cresco Labs, Goodness Growth Holdings and Sweet Flower, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Platform for managing cannabis manufacturing operations is provided.
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Cannabis dispensaries are operated and medical products are retailed.
Locked Locked Locked
Retailer of cannabis based products
Locked Locked Locked
Retailer of cannabis products
Locked Locked Locked
Provider of an E-commerce platform for cannabis products
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Detailed competitors of Vireo Growth

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Latest news on Vireo Growth

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Complete news archive for Vireo Growth

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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 current CEO of Vireo Growth.

As of Dec 31, 2024, the latest employee count at Vireo Growth is 520.

Annual revenue of Vireo Growth is $94.63M as on Dec 31, 2024.

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 Auxly, TerrAscend and Cresco Labs.

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.

The ticker symbol of Vireo Growth is VREO on CSE.

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