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Added to YB: 2026-03-23

Pitch date: 2026-03-19

VREOF [neutral]

Vireo Growth Inc.

-1.79%

current return

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

CAD 0.56

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)