- Grown Rogue International Inc. has **acquired the 30% minority interest** in its Illinois subsidiary, Rogue EBC, LLC, increasing its ownership from **70% to 100%**.  **[1463000_0001279569-25-001027_ex991.htm:0]** 
- The total consideration for the acquisition is **$1.5 million**, with **$500,000 paid at closing**, **$500,000 due in six months**, and the final **$500,000 due at the earlier of 15 months from closing or the first harvest**.  **[1463000_0001279569-25-001027_ex991.htm:0]** 
- The acquisition was an opportunistic move due to a **liquidity request from the partner** and is subject to **final approval by the Illinois Department of Agriculture**.  **[1463000_0001279569-25-001027_ex991.htm:0]** **[1463000_0001279569-25-001027_ex991.htm:1]**

Grown Rogue Acquires Full Ownership of Illinois Subsidiary

- Grown Rogue International Inc. has expanded its senior secured credit facility by **US$5 million**, increasing the **total facility to US$12 million**.  **[1463000_0001279569-25-001023_ex991.htm:1]** 
- The proceeds will be utilized to support **growth initiatives**, including the expansion of its New Jersey affiliate and the buildout of its Illinois cultivation facility, while also enhancing balance sheet flexibility.  **[1463000_0001279569-25-001023_ex991.htm:1]** 
- The amended terms for the latest tranche include an **interest rate of 7.52%**, resulting in a **blended rate of 7.84%** on the full facility, which has a **four-year term**.  **[1463000_0001279569-25-001023_ex991.htm:1]** 
- On September 3, 2025, the Company's Board of Directors approved the issuance of **300,000 incentive stock options** with a strike price of CAD$0.61.  **[1463000_0001279569-25-001023_ex991.htm:1]**

Grown Rogue International (GRUSF)