Vireo Growth Inc (VREOF) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.418 good morning and welcome to vireo growth inc's q4 2025 results 00:00:05.418 -- 00:00:10.464 call this company the company would like to remind everyone that today's conference 00:00:10.464 -- 00:00:15.511 call may contain forward-looking statements within the meaning of u.s and canadian 00:00:15.511 -- 00:00:20.558 securities laws these statements are based on management's current expectations and 00:00:20.558 -- 00:00:25.944 involve risks and uncertainties that could differ materially from actual events 00:00:25.944 -- 00:00:30.630 in those described in such forward-looking statements For more information on forward-looking 00:00:30.630 -- 00:00:35.796 statements, please refer to forward-looking statements disclosure in the company's earnings 00:00:35.796 -- 00:00:41.042 release. This call may also contain non-GAAP financial measures. 00:00:41.042 -- 00:00:45.427 Please see our earnings release for reconciliations to GAAP measures. 00:00:45.427 -- 00:00:50.511 I'll now hand the call over to Chief Executive Officer John Mazarrakis. 00:00:51.414 -- 00:00:55.620 Thank you. Good morning, everyone. We're pleased to report another strong quarter for 00:00:55.620 -- 00:01:00.828 Vireo highlighted by double-digit organic growth and continued integration progress across 00:01:00.828 -- 00:01:05.555 our extended platform. We continue to operate with discipline at the local level while 00:01:05.555 -- 00:01:10.663 pursuing accretive M&A opportunities that strengthen our national presence and enhance 00:01:10.663 -- 00:01:13.247 long-term cash flow stability. 00:01:13.247 -- 00:01:19.076 In the fourth quarter, same-store sales increased 22% year-over-year and 11.3%, 00:01:19.076 -- 00:01:24.157 excluding Minnesota, reflecting healthy consumer...