Buds & Duds: Vireo up on $37M subsidiary sale, Fire & Flower down on 1Q earnings results

The North American Marjiuana Index rose more than 2% to 99 points today

Vireo Health International Inc (CNSX: VREO) (OTCQX: VREOF) increased more than 9%. The Minneapolis-based company announced today it sold its equity in its subsidiary company, Pennsylvania Medical Solutions, for total consideration of $37 million to Jushi Holdings.

Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF) was down more than 4% in morning trading. The Canadian cannabis firm recently reported Q1 earnings where revenue rose 142% but costs rose 166% for the quarter, delivering a net loss of $12.7 million.

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