This Craft Cannabis Company Reports Q3 2023 Results With 48% Revenue Growth
Portfolio Pulse from Joana Scopel
Grown Rogue International Inc. reported its Q3 2023 results, showing a 48% revenue growth from $4.3 million to $6.3 million. The company also secured $6 million in gross proceeds through convertible debenture financing. Grown Rogue announced a strategic advisory agreement with Goodness Growth Holdings, Inc. and reported substantial growth in the Oregon and Michigan markets.
September 28, 2023 | 7:33 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Grown Rogue's Q3 2023 results show significant revenue growth and successful financing, which could positively impact the company's stock.
The company's significant revenue growth, successful financing, and strategic partnership indicate a strong financial position and potential for future growth, which could make the stock more attractive to investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100