00:39:34 EDT Sun 06 Jul 2025
Enter Symbol
or Name
USA
CA



Grown Rogue International Inc
Symbol GRIN
Shares Issued 143,421,865
Close 2024-12-10 C$ 0.92
Market Cap C$ 131,948,116
Recent Sedar Documents

Grown Rogue starts sales in New Jersey

2024-12-10 17:10 ET - News Release

Mr. Obie Strickler reports

GROWN ROGUE COMMENCES SALES IN NEW JERSEY

Grown Rogue International Inc. has commenced sales in New Jersey. The current approximately 8,000 square feet of bench canopy is anticipated to consistently produce 500 to 600 pounds per month of craft flower. Grown Rogue is currently completing phase II construction planning, expected to commence in Q1 2025, that is expected to increase production to more than 1,000 pounds per month of craft flower. The initial harvest contained some of the company's most popular strains; such as Blue Runtz, Washington Apple, Pink Passion Fruit and Jack Herer, to name a few. The company has already established a robust genetic portfolio in New Jersey with over 40 unique cultivars in production.

Management commentary

"First, I'd like to thank everyone on the Grown Rogue team for their intense and meticulous focus the last 14 months to get the New Jersey facility built out, operational and most importantly getting our craft products on shelves for the great people of New Jersey! Our first few harvests are exceeding our expectations for both yield and quality as we ramp operations. We have eighths and quarters in the market currently and plan to introduce prerolls in Q1 2025. Seeing the initial product quality and our passionate team coalesce in our third state increases my confidence that we're executing our growth plan successfully. We see this project as a key part of the flywheel that supports future market expansion," said Obie Strickler, chief executive officer of Grown Rogue.

"Over the past few months, we have received dozens of inquiries from dispensaries in New Jersey waiting for our flower to get through postharvest and onto their shelves. We are extremely proud our brand has garnered so much respect before we even entered the market. I believe this is a testament to our team, our heritage and our focus on delighting customers. We are aware New Jersey has a shortage of high-quality craft cannabis, and we are committed to providing value for New Jerseyans," continued Mr. Strickler.

"I want to personally thank all our customers, the entire Grown Rogue team and our supportive shareholders for each doing their part to help Grown Rogue achieve our goal of becoming a nationally recognized craft cannabis company in the U.S."

About Grown Rogue International Inc.

Grown Rogue International is a craft cannabis company operating in Oregon, Michigan, New Jersey and Illinois, focused on delighting customers with premium flower and flower-derived products at fair prices. The company's roots are in southern Oregon, where it has proven its capabilities in the highly competitive and discerning Oregon market. The company's passion for quality product and value, combined with a disciplined approach to growth, prioritizes profitability and return on capital without sacrificing quality. The company's strategy is to pursue capital-efficient methods to expand into new markets, bringing craft-quality product at fair prices to more consumers. The company also continues to make modest investments to improve outdoor craft cultivation capabilities in preparation for eventual interstate commerce.

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