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Grown Rogue Raises USD$1,275,000 in Upsized Financing

Feb 06, 2021•over 4 years ago

Amount Raised

$200,000

Round Type

pre-seed

Medford

Description

Grown Rogue International Inc. (“Grown Rogue” or the “Company”) (CSE: GRIN) (OTC: GRUSF), a multi-state cannabis company with operations and assets in Oregon and Michigan, is pleased to announce that it has closed the second tranche of its previously announced non-brokered private placement (the “Second Tranche”), including an upsized amount for total gross proceeds of USD$1,025,000.  In addition, one of the Company’s non-operating subsidiaries raised an additional USD$250,000 by way of an unsecured promissory note.

Company Information

Company

Grown Rogue

Location

Medford, Massachusetts, United States

About

Grown Rogue International (CSE: GRIN | OTC: GRUSF) is a vertically-integrated, multi-state Cannabis family of brands on a mission to inspire consumers to “enhance experiences” through cannabis. We have combined an expert management team, award winning grow team, state of the art indoor and outdoor manufacturing facilities, and consumer insight based product categorization, to create innovative products thoughtfully curated from “seed to experience.”  The Grown Rogue family of products include sungrown and indoor premium flower, along with nitro sealed indoor and sungrown pre-rolls and jars.

Funding Insights

Based on industry data
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