Streetbeat News

GRUSF

Grown Rogue International Inc

Employees

Industry

Crude Petroleum and Natural Gas Extraction

Open

0.60

Mkt cap

138M

Volume

20K

High

0.62

P/E Ratio

31.00

52-wk high

0.90

Low

0.60

Div yield

N/A

52-wk low

0.24

The Viridian Chart of the Week analyzes the relationship between financial strength and YTD stock performance of 30 MSO/SSOs. Group 1, consisting of the strongest companies, has shown significant gains, while weaker groups have underperformed. Investors are advised to focus on stronger companies like Verano, Trulieve, and Cresco, with potential targeted investments in lower strength companies with positive catalysts.

Portfolio Pulse from Viridian Capital Advisors

June 24, 2024 | 5:12 pm

Grown Rogue International Inc. (OTC:GRUSF) has received licensing approval from the New Jersey Cannabis Regulatory Commission and closed its first option to acquire 44% of ABCO Garden State, LLC. The company plans further expansion in New Jersey and Illinois, with the next acquisition option pending regulatory approval.

Portfolio Pulse from Jelena Martinovic

June 05, 2024 | 3:30 pm

Grown Rogue International Inc. (OTC:GRUSF) reported record Q1 2024 revenue of $6.7 million, an 11% increase year-over-year. The company highlighted Michigan and Oregon as key markets and emphasized expansion efforts in New Jersey and Illinois as primary growth drivers for 2024 and 2025.

Portfolio Pulse from Jelena Martinovic

May 30, 2024 | 2:09 pm

Grown Rogue International Inc. (OTC:GRUSF) has increased its ownership in Michigan cannabis operations to 80% through two transactions totaling $2.8 million. The company now holds a larger stake in Golden Harvests, LLC, which controls its Michigan operations, and has the option to acquire the remaining 20%. The transactions were financed through cash and sellers' notes, with future payments expected to be covered by cash on hand and operational cash flow. Grown Rogue's CEO highlighted Michigan's importance to the company's growth and operational excellence.

Portfolio Pulse from Jelena Martinovic

April 25, 2024 | 3:02 pm

Grown Rogue International Inc (OTCPK: GRUSF) is expanding into the Illinois cannabis market through a partnership with EBC Ventures, forming Rogue EBC LLC. This joint venture has acquired CannEquality LLC, which holds a craft growers license in Illinois, and plans to develop a 50,000 square foot facility in Waukegan, Illinois, with up to 14,000 square feet of cultivation space. The facility is expected to be operational by the second half of 2025. Grown Rogue's investment of up to $6,000,000 in the venture highlights its commitment to growth and market presence in Illinois, a state with over $1.5 billion in recreational cannabis sales in 2023.

Portfolio Pulse from Patricio Liddle

March 05, 2024 | 4:11 pm

January saw significant executive and board changes in the cannabis industry. Flora Growth Corp.'s CEO, Clifford Starke, was elected chairman of the U.S. Hemp Roundtable. 4Front Ventures and The Cannabist Company Holdings announced new CEOs. Organigram Holdings and other companies made board appointments, while MedMen Enterprises and BZAM Ltd. saw departures. Trulieve Cannabis appointed a new COO, and other companies expanded their executive teams.

Portfolio Pulse from Jelena Martinovic

February 02, 2024 | 4:01 pm

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.

Portfolio Pulse from Joana Scopel

September 28, 2023 | 7:33 pm

The article lists the cannabis stocks that gained and lost on August 25, 2023. Notable gainers include Clever Leaves Holdings (NASDAQ:CLVR) and Skye Bioscience (OTC:SKYE), while notable losers include Australis Capital (OTC:AUSAF) and Red White & Bloom Brands (OTC:RWBYF).

Portfolio Pulse from Benzinga Insights

August 25, 2023 | 9:30 pm

The cannabis sector experienced mixed performance on August 21, 2023, with several stocks seeing significant gains, while others suffered losses. Notable gainers include Radient Technologies (OTC:RDDTF), Trees (OTC:CANN), and 1933 Industries (OTC:TGIFF), while Red White & Bloom Brands (OTC:RWBYF), CBD Of Denver (OTC:CBDD), and Tetra Bio Pharma (OTC:TBPMF) were among the biggest losers.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 9:30 pm

On August 18, 2023, several cannabis stocks experienced significant price movements. Notable gainers include Australis Capital (OTC:AUSAF), Target Group (OTC:CBDY), and 1606 (OTC:CBDW), with shares closing up 900.00%, 63.64%, and 44.68% respectively. On the other hand, Panacea Life Sciences (OTC:PLSH), MGC Pharmaceuticals (OTC:MGCLF), and 1933 Industries (OTC:TGIFF) were among the biggest losers, with shares closing down 24.00%, 23.33%, and 19.00% respectively.

Portfolio Pulse from Benzinga Insights

August 18, 2023 | 9:30 pm

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