Vireo Health International has elected to terminate its employment agreement with Bruce Linton as Executive Chairman, on an entirely without-cause basis, effective immediately.
At this time, the Company does not expect to fill the role of Executive Chairman.
Mr. Linton joined Vireo in November of 2019. His current term on the Board of Directors expires at the Company’s July 15, 2020 Annual General Meeting of shareholders. The incentive warrants previously issued to Mr. Linton with a November 7, 2024 expiration date will now vest with a modified expiration date of June 8, 2021. For further details of the warrants issued to Mr. Linton, see the Company’s news release dated November 7, 2019,