Vireo Well being posts cannabis income rise, net loss for second quarter

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Vireo Well being, a Minneapolis-primarily based multistate marijuana operator, on Thursday reported income of $7.two million in the second quarter, up 70% from the identical period a year ago.

The net loss for the quarter, ending June 30, was about $1.9 million, compared with net earnings of $120,080 for the prior-year period.

The enterprise lately announced it would be expanding operations into Puerto Rico.

Vireo trades on the Canadian Securities Exchange below the ticker symbol VREO and on the U.S. more than-the-counter markets as VREOF.

Additional facts about the quarterly outcomes can be found right here.

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