VREOF - Vireo Health announces name change to Goodness Growth Holdings; issues FY2022 guidance in conjunction with its 2021 Investor Day

Vireo Health ([[VREOF]] +5.2%) announces a series of corporate updates in conjunction with its 2021 Investor Day events; effective June 9, 2021 at market open, its subordinate voting shares will begin trading as Goodness Growth Holdings, under the ticker symbol "GDNS" on the Canadian Securities Exchange and on the OTCQX Market in the United States under ticker symbol "GDNSF".The Company's Horizon strategy is a plan for growth through fiscal year 2022 and expects to open an additional 6-10 Green Good retail dispensaries; commencement of adult-use sales in New Mexico beginning in Q1 of 2022; commencement of adult-use sales in New York in the summer of 2022, and the commencement of flower sales in the Minnesota medical market in the spring of 2022.FY22 Outlook: The Company expects to generate total revenue in the range of $140 to $180 million in FY22 vs. consensus of $107.90M; adjusted EBITDA to be in the range of $35 to $55 million; the Company has ~$40M

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Vireo Health announces name change to Goodness Growth Holdings; issues FY2022 guidance in conjunction with its 2021 Investor Day