M&A Deal Summary

Vireo Growth Acquires Deep Roots Harvest

On June 9, 2025, Vireo Growth acquired agriculture company Deep Roots Harvest for 133M USD

Acquisition Highlights
  • This is Vireo Growth’s 1st transaction in the Agriculture sector.
  • This is Vireo Growth’s largest (disclosed) transaction.
  • This is Vireo Growth’s 1st transaction in the United States.
  • This is Vireo Growth’s 1st transaction in Nevada.

M&A Deal Summary

Date 2025-06-09
Target Deep Roots Harvest
Sector Agriculture
Buyer(s) Vireo Growth
Deal Type Add-on Acquisition
Deal Value 133M USD

Target

Deep Roots Harvest

Las Vegas, Nevada, United States
Deep Roots Harvest is a vertically integrated cannabis operator that includes cultivation, manufacturing & processing, a wholesale and distribution business, and seven retail dispensary licenses. Deep Roots Harvest is based in Las Vegas, Nevada.

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Buyer(S) 1

Buyer

Vireo Growth

Minneapolis, Minnesota, United States

Category Company
Founded 2014
Sector Life Science
Employees419
Revenue 99M USD (2024)
DESCRIPTION

Vireo Growth offers a vertically integrated portfolio of cannabis products designed to serve both medical and adult-use markets. Vireo Growth was founded in 2014 and is based in Minneapolis, Minnesota.


DEAL STATS #
Overall 1 of 1
Sector: Agriculture M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Nevada M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 1