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Stock impact report

ACE Venture Enterprises, Inc. Announces Planned Acquisition of Vireo Health of New York from Goodness Growth Holdings [Yahoo! Finance]

Innovative Industrial Properties, Inc. (IIPR) 
Company Research Source: Yahoo! Finance
– Ace plans to retain Goodness Growth with a collaborative advisory agreement to advance the long-term success of both organizations – – Terms include a purchase price of between $3 to $5 million, an investment of $20 million from Ace for development of the Johnstown cultivation and manufacturing campus, and Ace's assumption of the IIP lease – NEW YORK and MINNEAPOLIS, April 01, 2024 (GLOBE NEWSWIRE) -- ACE Ventures, LLC (“Ace”), a minority-owned business in the State of New York, Ace's corporate partner, Ace Venture Enterprises, Inc. and Goodness Growth Holdings, Inc. ("Goodness Growth") (CSE: GDNS; OTCQX: GDNSF), today announced that they have executed a binding term sheet whereby Ace plans to acquire assets of Goodness Growth Holdings subsidiary, Vireo Health of New York (“VireoNY”), pending the satisfaction of closing conditions, including secured capital commitments and regulatory approval. Founded by life-long New Yorker, Steven Acevedo, a television and film producer who Show less Read more
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