Vireo Health International, Inc. Terminates its Employment Agreement with Bruce Linton as Executive Chairman
June 08, 2020 at 04:18 pm EDT
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Vireo Health International Inc. on June 8, 2020 announced that the Company has elected to terminate its employment agreement with Bruce Linton as Executive Chairman, on an entirely without-cause basis, effective immediately. Linton joined Vireo in November of 2019. His current term on the Board of Directors expires at the Company's July 15, 2020 Annual General Meeting of shareholders.
Vireo Growth Inc., formerly Goodness Growth Holdings, Inc., is a cannabis company. The Company has operations in four markets in Maryland, Minnesota, New Mexico, and New York. The Company is science-focused and provides patients and adult-use customers with cannabis-based products. It cultivates and manufactures pharmaceutical-grade cannabis extracts and sells its products at both Company-owned and third-party dispensaries to qualifying patients and adult-use customers. It has developed proprietary cannabis strains, cultivation methods, carbon dioxide extraction, ethanol extraction, and other processes related to the production, refinement, and packaging of cannabis products. The Company manufactures, assembles, and packages cannabis finished goods across a range of product segments, including Inhalable, Ingestible, and Topicals. Its brands include Vireo Spectrum, Vireo Selects, 1937, Boundary Waters, Hi-Color, Kings and Queens, and various other flower and trim brands.