Professional
Added to YB: 2024-07-10
Pitch date: 2024-07-10
VREOF [bullish]
Vireo Growth Inc.
+52.91%
current return
Author Info
Special Situation Investments focuses on event-driven trades and low risk arbitrage opportunities with short term catalysts. 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, and New York.
Market Cap
CAD 381.3M
Pitch Price
CAD 0.40
Price Target
N/A
Dividend
N/A
EV/EBITDA
19.41
P/E
-3.40
EV/Sales
3.86
Sector
Pharmaceuticals
Category
special_situation
Vireo Growth: Betting on Key Market Expansions and Litigation Wins
VREOF: Cannabis co. at 6x EV/EBITDA. NY divestment, adult-use sales in key markets, potential $861M Verano litigation. <2x EV/EBITDA possible with MN adult-use in 2025. MD success promising. Risks: NYC sale failure, debt maturity. Insiders aligned. Regulated market, competition concerns.
Read full article (2 min)