SCHEDULE 13G/A: Robert Barnard and Black Maple Capital Disclose Updated Stakes in Vireo Growth Inc.

Robert J. Barnard and Black Maple Capital Management LP have filed an amended Schedule 13G, disclosing their beneficial ownership of Subordinate Voting Shares in Vireo Growth Inc. as of December 31, 2024.

Summary

• Robert J. Barnard beneficially owns 11,289,980 Subordinate Voting Shares of Vireo Growth Inc., representing 3.4% of the class.
• Black Maple Capital Management LP beneficially owns 4,412,356 Subordinate Voting Shares of Vireo Growth Inc., representing 1.3% of the class.
• Barnard's reported ownership includes shares held through Waheela LLC (0.90%) and AFANC LLC (1.18%), for which he serves as manager, and shares held by Black Maple Capital Management LP on behalf of Black Maple Capital Partners LP.
• Black Maple Capital Management LP holds its shares as an investment adviser on behalf of its client, Black Maple Capital Partners LP, a private fund.
• The percentages are calculated based on an assumed total of 331,051,811 outstanding Subordinate Voting Shares, which includes 200,464,196 shares reported in the Issuer's Q3 2024 10-Q, 1,050,741 shares issuable from warrants, and 129,536,874 shares issued in a December 2024 private placement.

Sentiment

Score: 5

Explanation: This is a routine disclosure of beneficial ownership, providing factual information without indicating positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

NA

Industry Context

NA

Key Dates

Keywords

Vireo Growth Inc., Subordinate Voting Shares, Schedule 13G, Beneficial Ownership, Robert J. Barnard, Black Maple Capital Management LP, SEC Filing, Common Stock, Investment Adviser, Private Placement