FLNT

Vireo Growth has announced an agreement to acquire FLUENT in an all-stock transaction. No financial terms or exchange ratio details were provided in the headline. The deal combines two cannabis-sector operators in a confirmed M&A transaction.

Vireo Growth Inc. and FLUENT Corp. have entered into a definitive arrangement agreement under which Vireo will acquire all outstanding common shares of FLUENT in an all-stock transaction. The deal involves conversion of FLUENT's proportionate voting shares and non-voting exchangeable shares into Vireo shares. Both companies are multi-state cannabis operators listed on the CSE and OTC markets.