Vireo Growth Inc. to acquire Planet 13 Holdings Inc., expanding its multi-state cannabis footprint
Executive summary: Vireo Growth Inc. announced a definitive agreement to acquire Planet 13 Holdings Inc. The acquisition expands Vireo's footprint in Nevada and Florida and complements its Illinois operations, creating one of the broadest multi-state cannabis platforms.
Who is involved: Vireo Growth Inc., Planet 13 Holdings Inc., and the shareholders of both companies.
Likely next: Completion of the transaction pending standard closing conditions and approvals from state cannabis regulators.
On July 27 2026, Vireo Growth Inc. announced a definitive agreement to acquire Planet 13 Holdings Inc., a cannabis operator with assets in Nevada and Florida. The transaction is intended to deepen Vireo's presence in those states and complement its existing Illinois platform, thereby creating one of the industry's broader multi-state cannabis operating platforms. Completion of the deal remains subject to customary closing conditions and approvals from state cannabis regulators.
Timeline
- — Vireo Growth Inc. to Acquire Planet 13 Holdings Inc. (GlobeNewswire)
Sources
- Vireo Growth Inc. to Acquire Planet 13 Holdings Inc. — GlobeNewswire
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