Vireo Growth Q1 revenue jumps on acquisitions

Vireo Growth

12/05/2026 12:39

Overview

U.S. cannabis operator's Q1 revenue rose 334% yr/yr, driven by recent acquisitions

Adjusted EBITDA for Q1 climbed yr/yr as margins improved

Company closed Schwazze deal, completed Eaze and Hawthorne acquisitions after quarter end

Result Drivers

ACQUISITIONS - Co said Q1 revenue and profit growth were driven by recently closed M&A transactions, including Schwazze, Eaze, and Hawthorne

INTEGRATION FOCUS - Co said it is focused on integration and optimization across the platform following recent acquisitions

NON-CANNABIS DECLINE - Pro forma non-cannabis revenue fell 14% yr/yr

Company press release: ID:nGNX9fd1sp

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$106.20 mln
Q1 Gross Profit
$59.30 mln


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)