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"UK diplomat accused of tobacco lobbying"

6 July 2020

As part of the Hawthorne Transaction, it is contemplated that Vireo would acquire Hawthorne with at least $35M of cash, ~$50M of net working capital, and would be provided ~$20M of inventory comprised mostly of soil to be supplied to the Company over two years, in exchange for the issuance of 206 million subordinate voting shares of the Company and a warrant to purchase 80 million Shares at an exercise price of $0.85 per Share, exercisable for a period of five years from the date of issuance

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