Research analysts covering Grown Rogue International.
Recent press releases and 8-K filings for GRUSF.
Grown Rogue's New Jersey Affiliate Marks One Year of Sales and Production Growth
GRUSF
New Projects/Investments
Revenue Acceleration/Inflection
- Grown Rogue's New Jersey affiliate, ABCO Garden State, celebrated its one-year anniversary of sales on December 11, 2024.
- Over the last three months, ABCO has achieved full sell-through, with average monthly product sales now exceeding 600 pounds, and over 80% of sales represented by branded, packaged product.
- Monthly sales of the Yeti value brand increased from approximately 96 pounds in June to approximately 203 pounds in November.
- Construction of Phase 2 is underway, which is expected to increase production capacity to greater than 1,000 pounds per month once fully completed.
Dec 15, 2025, 3:06 PM
Grown Rogue International Inc. Reports Q3 2025 Results
GRUSF
Earnings
New Projects/Investments
Debt Issuance
- Grown Rogue International Inc. reported Pro Forma Revenue of $8.5 million, a 26% increase year-over-year, and Pro Forma Adjusted EBITDA of $1.7 million, up 25% year-over-year for the third quarter of 2025.
- The company's reported IFRS Revenue was $5.4 million, a 23% decrease year-over-year, and Adjusted EBITDA was $0.1 million, down 92% year-over-year, primarily due to the non-consolidation of its New Jersey affiliate's results in IFRS statements.
- The New Jersey affiliate, ABCO Garden State LLC, contributed $3.4 million in revenue and $1.6 million in Adjusted EBITDA in Q3 2025, demonstrating solid sequential growth.
- Grown Rogue expanded its bank loan by an additional $5 million, bringing the total to $12 million, to fund near-term growth priorities, notably a new-build opportunity in Minnesota targeting initial market entry by early 2027.
Nov 12, 2025, 11:50 AM
Grown Rogue Acquires Full Ownership of Illinois Subsidiary
GRUSF
M&A
New Projects/Investments
- Grown Rogue International Inc. has acquired the 30% minority interest in its Illinois subsidiary, Rogue EBC, LLC, increasing its ownership from 70% to 100%.
- 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.
- 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.
Sep 22, 2025, 1:31 PM
Grown Rogue Expands Senior Credit Facility to US$12 Million
GRUSF
Debt Issuance
New Projects/Investments
- Grown Rogue International Inc. has expanded its senior secured credit facility by US$5 million, increasing the total facility to US$12 million.
- 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.
- 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.
- 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.
Sep 19, 2025, 4:57 PM
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more