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VREOF - Vireo Health: An Aspiring U.S. MSO Player (Initiating)
Vireo Health International Inc
Welcome to our Discover Cannabis series, where we publish in-depth research to introduce new cannabis companies to our coverage.
Introduction
Vireo Health (otcpk:VREOF) is an emerging U.S. cannabis company with core operations in Minnesota, New York, and Pennsylvania. The company went public in Canada earlier this year but the stock has fallen nearly 50% against a challenging pot market. Due to our assessment of Vireo's competitive positioning among other public MSOs, we think investors have better options to play this segment of the cannabis market. Vireo remains a viable player in an emerging