Thursday, October 16, 2025

Latest

Vireo Health Appoints Bruce Linton As Executive Chairman

It appears Bruce Linton has finally decided on which US focused cannabis firm to work with. Vireo Health International (CSE: VREO) announced this morning that the firm has signed Linton on as Executive Chairman of the firm, with former director Chad Martinson resigning from the board to make way.

The appointment of Linton however did not come cheap. In total, incentive warrants to acquire up to 15 million subordinate voting shares have been issued to Bruce Linton as a result of him coming on board. The warrants consist of three tranches, with 10 million having an exercise price of US$1.02, The second tranche consists of 2.5 million warrants at a price of $3.81, and the remainder are at a price of $5.86. All warrants are for a term of five years, with expiry being November 7, 2024. The shares are to vest over a term of two years, with the first 50% vesting November 6, 2020, and the remainder a year later.

Linton is to manage Vireo Health’s strategic decision-making, capital markets activity, and future partnerships within his current role. He’s to serve hand in hand with current CEO and founder Kyle Kingsley.

I am delighted to be joining Vireo, one of the most exciting cannabis companies in the United States with an impressive medical and scientific team developing the next generation of cannabis products. Beyond the attractive collection of strategic assets and intellectual property that Dr. Kingsley has assembled, I have taken this role because I share the Company’s ambitious vision for the future of cannabis. We are confident Vireo can become a top US producer and distributor of high-margin, proprietary products within the next several years and create unprecedented long-term shareholder value.

Bruce Linton, Executive Chairman of Vireo Health

Vireo Health is currently trading at C$1.85, up $0.50 or 37.04%.


Information for this briefing was found via Sedar and Vireo Health. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

When 4% of Global Copper Disappears Overnight | David Gower – Emerita Resources

Mining M&A: Gold X2 Acquires Kesselrun Resources

They Said Oil Was Dead. They Were Wrong. | Michael Judson – Record Resources

Recommended

Military Seizes Power in Madagascar After President Flees

Altamira Gold Hits 395.5 Metres Of 0.4 g/t Gold At Maria Bonita

Related News

MSO Hiring Through A Year of COVID-19 – Trulieve Leads The Way

The outbreak of COVID-19 threw a wrench into the plans of many companies who were...

Wednesday, March 17, 2021, 11:43:00 AM

OG DNA Genetics to List On Canadian Securities Exchange

OG DNA Genetics announced this morning that it will complete its previously announced business combination...

Tuesday, September 17, 2019, 09:12:43 AM

Vireo Health: Canaccord Lowers Revenue Estimates, Reiterates Price Target

Vireo Health (CSE: VREO) reported its second-quarter financials’ on August 26th, indicating revenue for the...

Thursday, August 27, 2020, 05:30:27 PM

Verano To Acquire Goodness Growth For US$413 Million In All-Stock Purchase

Verano Holdings (CSE: VRNO) is looking to significantly expand its footprint across the US. The...

Tuesday, February 1, 2022, 08:21:16 AM

Vireo Health Sees Linton Dump Remaining Subordinate Voting Shares

Vireo Health (CSE: VREO) continues to see selling pressure placed on its equity as a...

Friday, December 18, 2020, 08:05:00 AM