Goodness Growth announced that it has changed its name to Vireo. Pending final regulatory approval, it will become effective at market open on or about July 8, 2024 and its subordinate voting shares will begin trading as "Vireo Growth Inc." under the ticker symbol “VREO” on the Canadian Securities Exchange and on the OTCQX Market in the United States under ticker symbol “VREOF.”
As MJBizDaily pointed out, the change back to Vireo comes after the company in 2021 changed its name to Goodness Growth.
The company said the name change will not affect the rights of its shareholders. There will be no consolidation of capital associated with the name change. Shareholders will not be required to take any action in connection with the name change. Issued certificates representing subordinate and multiple voting shares in the capital of the company will not be affected by the name change and will not need to be exchanged.
“As we have previously discussed, our name change to Vireo reflects a return to our roots and focus as a cannabis industry operator. We are proud of the Vireo brand name and its importance in our heritage, and believe Vireo appropriately reflects our corporate identity to all stakeholders," said CEO Josh Rosen.
