Vireo Growth buys New York cannabis facility for US$88.5 million

  • Vireo Growth acquired its 389,000-square-foot Johnstown, New York cannabis cultivation and production facility for USD 88.5 million.
  • Innovative Industrial Properties provided USD 49 million of seller financing at 15% interest, due May 25, 2027, with two one-year extension options.
  • Chicago Atlantic Financial Services funded a USD 41 million loan for the balance, secured by a second-priority mortgage.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vireo Growth Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-068242), on May 29, 2026, and is solely responsible for the information contained therein.