Fluent Acquired by Vireo Growth | Healthcare M&A Deal

Vireo Growth has acquired Fluent, a substance abuse treatment business in Florida, for $71.5 million. Vireo Growth acquisitions expand healthcare M&A capabilities by bringing Fluent’s vertically integrated cannabis operations into its Florida footprint, supporting medical cannabis demand across Tampa and the state. Fluent acquisition strengthens Vireo Growth’s platform acquisition strategy with scale in cultivation and production, positioning the combined company as a larger multi-state operator. The all-stock strategic acquisition is a platform acquisition led by a strategic buyer, with deal size in the $50M–$100M range and an announced status pending regulatory approvals in each market.