Vireo Health of Arcadia, LLC /
Columbia Care LLC
Vireo Growth agrees to buy cannabis operations from Columbia Care




Source for the buyer and target: Vireo Growth Inc.
For the buyer and target.
“On July 19, 2026, Vireo Health of Arcadia, LLC (“Vireo Health”), a wholly owned subsidiary of Vireo Growth Inc. (the “Company”), entered into a purchase agreement (the “Purchase Agreement”) with Columbia Care LLC (“Columbia Care”), The Cannabist Company Holdings Inc. (“Cannabist”) and certain of their affiliates that own and operate cannabis businesses in Colorado, Illinois, Massachusetts, New Jersey and West Virginia (collectively, the “Seller Parties,” and each such state, a “Market” and collectively, the “Markets”).”
Published 23 Jul 2026
Open the sourceWhat happened
Vireo Health of Arcadia, a subsidiary of Vireo Growth Inc., agreed on July 19, 2026 to acquire equity interests and certain assets tied to cannabis businesses owned by Columbia Care LLC, The Cannabist Company Holdings Inc. and affiliated sellers. The businesses span Colorado, Illinois, Massachusetts, New Jersey and West Virginia, with closings expected market by market through 2026 and into 2027. [01]
The cash consideration is up to about $18.75 million, with up to about $16.25 million more in seller financing under loan agreements. The deal requires approval from the Ontario Superior Court of Justice in a Canadian proceeding involving Cannabist, along with cannabis regulatory approvals. [01]
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Vireo Growth agrees to buy cannabis operations from Columbia Care
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Agreement signed
“Vireo Growth agrees to buy cannabis operations from Columbia Care Vireo Health of Arcadia, a subsidiary of Vireo Growth Inc., agreed on July 19, 2026 to acquire equity interests and certain assets tied to cannabis bus…”
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Agreement signed · Vireo Health of Arcadia, LLC agreed to acquire Columbia Care LLC (Agreement signed, published 23 Jul 2026).
Agreement signed 19 Jul 2026- Agreement signed
- Published by Vireo Growth Inc.
Deal Web as a list
- Vireo Health of Arcadia, LLC (Buyer) agreed to acquire this deal. Vireo Health of Arcadia, LLC: 1 deal on Carrywatch.
- Columbia Care LLC (Target) target this deal. Columbia Care LLC: 1 deal on Carrywatch.
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