Vireo Growth Inc. (VREO) Earnings Call Transcript

Welcome to the Goodness Growth Holdings, Inc. Annual General Meeting being held virtually today, November 18, 2022, at 11:00 a.m. Eastern Time. [Operator Instructions] The meeting is being recorded. It is now my pleasure to turn the meeting over to Dr. Kyle Kingsley, Chair of Goodness Growth Holdings, Inc. Please proceed, Dr. Kingsley.

Thank you. Good morning, everyone. Welcome to the Annual Meeting of Shareholders of Goodness Growth Holdings, Inc. The meeting will now come to order. I'm Dr. Kyle Kingsley. I'm the Chairman of the Board of Directors and Chief Executive Officer of Goodness Growth Holdings, Inc. I will act as Chair of the meeting. Our meeting today is hosted on the Lumi Virtual Shareholder meeting platform. This allows registered shareholders to vote and to submit questions and comments to the moderator to be read and addressed at the meeting. If you have a question or comment regarding the business of the meeting, you will have the opportunity to ask when prompted. I shall ask Michael Schroeder to act as Secretary of the Meeting and Heather [indiscernible] a representative of Odyssey Trust Company to act as scrutineer. I have received confirmation from Odysssey as to the due mailing of the meeting materials and the financial statements for the year ended December 31, 2021, and I have also received confirmation that the location and form of meeting have been publicly disclosed on SEDAR on October 19, 2022. I direct this confirmation, together with copies of these documents, be kept by the Secretary with the minutes of this meeting. Business may be transacted at this meeting if 1 shareholder is present. The scrutineer's report has now been received, and it shows that there is a quorum of shareholders present at the meeting. I direct that the scrutineer's report be kept by the Secretary with the minutes of this meeting. I now declare that this meeting is regularly called and properly constituted for the transaction of business. We will conduct each vote by way of vote cast on the Lumi platform and those submitted by proxy. I understand that the scrutineer has tabulated all the votes received prior to voting cutoff. If you have previously voted, you do not need to vote again when prompted. By voting again, you will revoke any previous vote made prior to voting cutoff. The polls are now open for all the resolutions. Particulars of the votes cast on all matters may be obtained from the secretary after the meeting. I direct that the scrutineers report on all matters be annexed to the minutes of this meeting as a schedule. I would first like to present the financial statements for the year ended December 31, 2021. These are loaded on the Lumi dashboard page. The next item of business is the election of Directors of Goodness Growth Holdings Inc. I will now entertain a motion to approve the recommendation of the Board that the number of directors be fixed at 7 members [indiscernible] change pursuant to the corporation's articles.

So moved.

I second.

I will now entertain the nominations for 7 positions as directors.

I nominate Dr. Kyle Kingsley; Chelsea Grayson, Ross Hussey, Victor Mancebo, Judd Nordquist, Josh Rosen and Amber Shimpa as Directors of Goodness Growth Holdings, Inc. to hold office until the next annual election of directors or until their successors are elected or appointed.

I second the motion.

As there no further nominations, I now declare the nominations closed. Is there any discussion or questions submitted for any registered shareholder or proxy holder?

Mr. Chairman, there are no questions.

The next item of business is the appointment of auditors. I move that Davidson & Company LLP be appointed auditors of Goodness Growth Holdings Inc. until the next Annual Meeting or until their successor is appointed and that their remuneration as such is fixed by the Board of Directors.