Grown Rogue International Inc is a vertically-integrated, multi-state Cannabis family of brands. The company with indoor and outdoor manufacturing facilities and consumer insight-based product categorization creates innovative products. The firm's product portfolio consists of Jack Herer, Rogue Og, Mothers Milk, White Cookies, and Critical Jack among others.

GROWN ROGUE INTL INC by Grown Rogue International Inc.

Grown Rogue International

<a href="https://www.teslarati.com/tesla-direct-to-consumer-sales-virginia/" target="_blank">https://www.teslarati.com/tesla-direct-to-consumer-sales-virginia/</a>

News

Rumors

Media

TSLA

'Tesla's war against direct sales wages on with big win in Virginia' -Teslarati

Shares of Cameco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>) saw some unusual options activity on Friday. Following the unusual option alert, the stock price moved down to $17.66. 
<ul>
<li>Sentiment: BEARISH</li>
<li>Option Type: SWEEP</li>
<li>Trade Type: CALL</li>
<li>Expiration Date: 2021-09-17</li>
<li>Strike Price: $20.00</li>
<li>Volume: 4424</li>
<li>Open Interest: 54199</li>
</ul>
<h2>Three Indications Of Unusual Options Activity</h2>
One way options market activity can be considered unusual is when volume is exceptionally higher than its historical average. The volume of options activity refers to the number of contracts traded over a given time period. The number of unsettled contracts that have been traded, but not yet closed, is called open interest. These contracts are not yet closed because a buyer has not purchased the contract, or a seller has not sold it.
Another indicator of unusual options activity is the trading of a contract with an expiration date in the distant future. Additional time until a contract expires generally increases the potential for it to grow its time value and reach its strike price. It is important to consider time value because it represents the difference between the strike price and the value of the underlying asset. 
"Out of the money" contracts are unusual because they are purchased with a strike price far from the underlying asset price. "Out of the money" occurs when the underlying price is under the strike price on a call option, or above the strike price on a put option. Buyers and sellers try to take advantage of a large profit margin in these instances because they are expecting the value of the underlying asset to change dramatically in the future. 
<h2>Bullish And Bearish Sentiments</h2>
Options are "bullish" when a call is purchased at/near ask price or a put is sold at/near bid price. Options are "bearish" when a call is sold at/near bid price or a put is bought at/near ask price. 
Although the activity is suggestive of these strategies, these observations are made without knowing the investor's true intentions when purchasing these options contracts. An observer cannot be sure if the bettor is playing the contract outright or if they're hedging a large underlying position in a common stock. For the latter case, the exposure a large investor has on their short position in common stock may be more meaningful than bullish options activity. 
<h2>Trading Options With These Strategies</h2>
Unusual options activity is an advantageous strategy that may greatly reward an investor if they are highly skilled, but for the less experienced trader, it should remain as another tool to make an educated investment decision while taking other observations into account.
For more information to understand options alerts, visit <a href="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts" title="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts">https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts</a>

Movers

Analyzing Cameco's Unusual Options Activity

On Friday, shares of Monolithic Power Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MPWR#NASDAQ">MPWR</a>) saw unusual options activity. After the option alert, the stock price moved up to $447.25. 
<ul>
<li>Sentiment: BULLISH</li>
<li>Option Type: TRADE</li>
<li>Trade Type: CALL</li>
<li>Expiration Date: 2021-11-19</li>
<li>Strike Price: $520.00</li>
<li>Volume: 250</li>
<li>Open Interest: 0</li>
</ul>
<h2>Three Signs Of Unusual Options Activity</h2>
Exceptionally large volume (compared to historical averages) is one reason for which options market activity can be considered unusual. The volume of options activity refers to the number of contracts traded over a given time period. The number of contracts that have been traded, but not yet closed by either counterparty, is called open interest. A contract cannot be considered closed until there exists both a buyer and seller for it. 
The trading of a contract with an expiration date in the distant future is another sign of unusual activity. Generally, additional time until a contract expires increases the potential for it to reach its strike price and grow its time value. Time value is important in this context because it represents the difference between the strike price and the value of the underlying asset. 
Contracts that are "out of the money" are also indicative of unusual options activity. "Out of the money" contracts occur when the underlying price is under the strike price on a call option, or above the strike price on a put option. These trades are made with the expectation that the value of the underlying asset is going to change dramatically in the future, and buyers and sellers will benefit from a greater profit margin. 
<h2>Understanding Sentiment</h2>
Options are "bullish" when a call is purchased at/near ask price or a put is sold at/near bid price. Options are "bearish" when a call is sold at/near bid price or a put is bought at/near ask price. 
Although the activity is suggestive of these strategies, these observations are made without knowing the investor's true intentions when purchasing these options contracts. An observer cannot be sure if the bettor is playing the contract outright or if they're hedging a large underlying position in a common stock. For the latter case, the exposure a large investor has on their short position in common stock may be more meaningful than bullish options activity. 
<h2>Trading Options With These Strategies</h2>
Unusual options activity is an advantageous strategy that may greatly reward an investor if they are highly skilled, but for the less experienced trader, it should remain as another tool to make an educated investment decision while taking other observations into account.
For more information to understand options alerts, visit <a href="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts" title="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts">https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts</a>

MPWR

Analyzing Monolithic Power Systems's Unusual Options Activity

On Friday, shares of Canopy Growth (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGC#NASDAQ">CGC</a>) saw unusual options activity. After the option alert, the stock price moved down to $18.84. 
<ul>
<li>Sentiment: BULLISH</li>
<li>Option Type: SWEEP</li>
<li>Trade Type: PUT</li>
<li>Expiration Date: 2021-07-30</li>
<li>Strike Price: $20.00</li>
<li>Volume: 602</li>
<li>Open Interest: 2644</li>
</ul>
<h2>Three Signs Of Unusual Options Activity</h2>
One way options market activity can be considered unusual is when volume is exceptionally higher than its historical average. The volume of options activity refers to the number of contracts traded over a given time period. Open interest is the number of unsettled contracts that have been traded but not yet closed by either counterparty. In other words, open interest represents the quantity of contracts that individual parties have written but not yet found a counterparty for (i.e. a buyer finding a seller, or a seller finding a buyer).
The trading of a contract with an expiration date in the distant future is another sign of unusual activity. Generally, additional time until a contract expires increases the potential for it to reach its strike price and grow its time value. Time value is important in this context because it represents the difference between the strike price and the value of the underlying asset. 
Contracts with a strike price far from the underlying price are also considered unusual because they are defined as being "out of the money". This occurs when the underlying price is under the strike price on a call option, or above the strike price on a put option. These trades are made because the underlying asset value is expected to change dramatically in the future, and the buyer or seller can take advantage of a greater profit margin. 
<h2>Bullish And Bearish Sentiments</h2>
Options are "bullish" when a call is purchased at/near ask price or a put is sold at/near bid price. Options are "bearish" when a call is sold at/near bid price or a put is bought at/near ask price. 
These observations are made without knowing the investor's true intent by purchasing these options contracts. The activity is suggestive of these strategies, but an observer cannot be sure if a bettor is playing the contract outright or if the options bettor is hedging a large underlying position in common stock. For the latter case, bullish options activity may be less meaningful than the exposure a large investor has on their short position in common stock.
<h2>Using These Options Strategies</h2>
Unusual options activity is an advantageous strategy that may greatly reward an investor if they are highly skilled, but for the less experienced trader, it should remain as another tool to make an educated investment decision while taking other observations into account.
For more information to understand options alerts, visit <a href="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts" title="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts">https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts</a>

Cannabis

Markets

Analyzing Canopy Growth's Unusual Options Activity

Shares of ProShares UltraPro Short QQQ (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SQQQ#NASDAQ">SQQQ</a>) saw some unusual options activity on Friday. Following the unusual option alert, the stock price moved up to $8.39. 
<ul>
<li>Sentiment: BULLISH</li>
<li>Option Type: SWEEP</li>
<li>Trade Type: PUT</li>
<li>Expiration Date: 2021-12-17</li>
<li>Strike Price: $8.00</li>
<li>Volume: 560</li>
<li>Open Interest: 510</li>
</ul>
<h2>Three Indications Of Unusual Options Activity</h2>
Extraordinarily large volume (compared to historical averages) is one indication of unusual options market activity. Volume refers to the total number of contracts traded over a given time period when discussing options market activity. Open interest is the number of unsettled contracts that have been traded but not yet closed by either counterparty. In other words, open interest represents the quantity of contracts that individual parties have written but not yet found a counterparty for (i.e. a buyer finding a seller, or a seller finding a buyer).
The trading of a contract with an expiration date in the distant future is another sign of unusual activity. Generally, additional time until a contract expires increases the potential for it to reach its strike price and grow its time value. Time value is important in this context because it represents the difference between the strike price and the value of the underlying asset. 
Contracts that are "out of the money" are also indicative of unusual options activity. "Out of the money" contracts occur when the underlying price is under the strike price on a call option, or above the strike price on a put option. These trades are made with the expectation that the value of the underlying asset is going to change dramatically in the future, and buyers and sellers will benefit from a greater profit margin. 
<h2>Understanding Sentiment</h2>
Options are "bullish" when a call is purchased at/near ask price or a put is sold at/near bid price. Options are "bearish" when a call is sold at/near bid price or a put is bought at/near ask price. 
Although the activity is suggestive of these strategies, these observations are made without knowing the investor's true intentions when purchasing these options contracts. An observer cannot be sure if the bettor is playing the contract outright or if they're hedging a large underlying position in a common stock. For the latter case, the exposure a large investor has on their short position in common stock may be more meaningful than bullish options activity. 
<h2>Trading Options With These Strategies</h2>
Unusual options activity is an advantageous strategy that may greatly reward an investor if they are highly skilled, but for the less experienced trader, it should remain as another tool to make an educated investment decision while taking other observations into account.
For more information to understand options alerts, visit <a href="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts" title="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts">https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts</a>

SQQQ

Unusual Options Activity Insight: ProShares UltraPro Short QQQ

Shares of Exelon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXC#NASDAQ">EXC</a>) saw some unusual options activity on Friday. Following the unusual option alert, the stock price moved down to $46.86. 
<ul>
<li>Sentiment: BEARISH</li>
<li>Option Type: SWEEP</li>
<li>Trade Type: CALL</li>
<li>Expiration Date: 2022-01-21</li>
<li>Strike Price: $48.00</li>
<li>Volume: 254</li>
<li>Open Interest: 3581</li>
</ul>
<h2>Three Indications Of Unusual Options Activity</h2>
Extraordinarily large volume (compared to historical averages) is one indication of unusual options market activity. Volume refers to the total number of contracts traded over a given time period when discussing options market activity. The number of unsettled contracts that have been traded, but not yet closed, is called open interest. These contracts are not yet closed because a buyer has not purchased the contract, or a seller has not sold it.
The trading of a contract with an expiration date in the distant future is another sign of unusual activity. Generally, additional time until a contract expires increases the potential for it to reach its strike price and grow its time value. Time value is important in this context because it represents the difference between the strike price and the value of the underlying asset. 
Contracts that are "out of the money" are also indicative of unusual options activity. "Out of the money" contracts occur when the underlying price is under the strike price on a call option, or above the strike price on a put option. These trades are made with the expectation that the value of the underlying asset is going to change dramatically in the future, and buyers and sellers will benefit from a greater profit margin. 
<h2>Understanding Sentiment</h2>
Options are "bullish" when a call is purchased at/near ask price or a put is sold at/near bid price. Options are "bearish" when a call is sold at/near bid price or a put is bought at/near ask price. 
Although the activity is suggestive of these strategies, these observations are made without knowing the investor's true intentions when purchasing these options contracts. An observer cannot be sure if the bettor is playing the contract outright or if they're hedging a large underlying position in a common stock. For the latter case, the exposure a large investor has on their short position in common stock may be more meaningful than bullish options activity. 
<h2>Using These Strategies To Trade Options</h2>
Unusual options activity is an advantageous strategy that may greatly reward an investor if they are highly skilled, but for the less experienced trader, it should remain as another tool to make an educated investment decision while taking other observations into account.
For more information to understand options alerts, visit <a href="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts" title="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts">https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts</a>

Understanding Exelon's Unusual Options Activity

Newell Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWL#NASDAQ">NWL</a>) shares experienced unusual options activity on Friday. The stock price moved down to $24.77 following the option alert. 
<ul>
<li>Sentiment: BULLISH</li>
<li>Option Type: SWEEP</li>
<li>Trade Type: PUT</li>
<li>Expiration Date: 2021-12-17</li>
<li>Strike Price: $20.00</li>
<li>Volume: 877</li>
<li>Open Interest: 17</li>
</ul>
<h2>Three Signs Of Unusual Options Activity</h2>
One way options market activity can be considered unusual is when volume is exceptionally higher than its historical average. The volume of options activity refers to the number of contracts traded over a given time period. Open interest is the number of unsettled contracts that have been traded but not yet closed by either counterparty. In other words, open interest represents the quantity of contracts that individual parties have written but not yet found a counterparty for (i.e. a buyer finding a seller, or a seller finding a buyer).
The trading of a contract with an expiration date in the distant future is another sign of unusual activity. Generally, additional time until a contract expires increases the potential for it to reach its strike price and grow its time value. Time value is important in this context because it represents the difference between the strike price and the value of the underlying asset. 
"Out of the money" contracts are unusual because they are purchased with a strike price far from the underlying asset price. "Out of the money" occurs when the underlying price is under the strike price on a call option, or above the strike price on a put option. Buyers and sellers try to take advantage of a large profit margin in these instances because they are expecting the value of the underlying asset to change dramatically in the future. 
<h2>Understanding Sentiment</h2>
Options are "bullish" when a call is purchased at/near ask price or a put is sold at/near bid price. Options are "bearish" when a call is sold at/near bid price or a put is bought at/near ask price. 
These observations are made without knowing the investor's true intent by purchasing these options contracts. The activity is suggestive of these strategies, but an observer cannot be sure if a bettor is playing the contract outright or if the options bettor is hedging a large underlying position in common stock. For the latter case, bullish options activity may be less meaningful than the exposure a large investor has on their short position in common stock.
<h2>Trading Options With These Strategies</h2>
Unusual options activity is an advantageous strategy that may greatly reward an investor if they are highly skilled, but for the less experienced trader, it should remain as another tool to make an educated investment decision while taking other observations into account.
For more information to understand options alerts, visit <a href="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts" title="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts">https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts</a>

Analyzing Newell Brands's Unusual Options Activity

Politics

General

White House Says We Are Not Going To Head Toward Lockdown

Shares of Eagle Materials (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXP#NYSE">EXP</a>) saw some unusual options activity on Friday. Following the unusual option alert, the stock price moved down to $141.21. 
<ul>
<li>Sentiment: BULLISH</li>
<li>Option Type: TRADE</li>
<li>Trade Type: PUT</li>
<li>Expiration Date: 2021-08-20</li>
<li>Strike Price: $135.00</li>
<li>Volume: 500</li>
<li>Open Interest: 33</li>
</ul>
<h2>Three Indications Of Unusual Options Activity</h2>
Exceptionally large volume (compared to historical averages) is one reason for which options market activity can be considered unusual. The volume of options activity refers to the number of contracts traded over a given time period. Open interest is the number of unsettled contracts that have been traded but not yet closed by either counterparty. In other words, open interest represents the quantity of contracts that individual parties have written but not yet found a counterparty for (i.e. a buyer finding a seller, or a seller finding a buyer).
Another indicator of unusual options activity is the trading of a contract with an expiration date in the distant future. Additional time until a contract expires generally increases the potential for it to grow its time value and reach its strike price. It is important to consider time value because it represents the difference between the strike price and the value of the underlying asset. 
Contracts that are "out of the money" are also indicative of unusual options activity. "Out of the money" contracts occur when the underlying price is under the strike price on a call option, or above the strike price on a put option. These trades are made with the expectation that the value of the underlying asset is going to change dramatically in the future, and buyers and sellers will benefit from a greater profit margin. 
<h2>Bullish And Bearish Sentiments</h2>
Options are "bullish" when a call is purchased at/near ask price or a put is sold at/near bid price. Options are "bearish" when a call is sold at/near bid price or a put is bought at/near ask price. 
These observations are made without knowing the investor's true intent by purchasing these options contracts. The activity is suggestive of these strategies, but an observer cannot be sure if a bettor is playing the contract outright or if the options bettor is hedging a large underlying position in common stock. For the latter case, bullish options activity may be less meaningful than the exposure a large investor has on their short position in common stock.
<h2>Using These Strategies To Trade Options</h2>
Unusual options activity is an advantageous strategy that may greatly reward an investor if they are highly skilled, but for the less experienced trader, it should remain as another tool to make an educated investment decision while taking other observations into account.
For more information to understand options alerts, visit <a href="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts" title="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts">https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts</a>

Unusual Options Activity Insight: Eagle Materials

Philip Morris Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>) shares experienced unusual options activity on Friday. The stock price moved down to $99.57 following the option alert. 
<ul>
<li>Sentiment: BULLISH</li>
<li>Option Type: TRADE</li>
<li>Trade Type: PUT</li>
<li>Expiration Date: 2022-01-21</li>
<li>Strike Price: $80.00</li>
<li>Volume: 936</li>
<li>Open Interest: 3891</li>
</ul>
<h2>Three Signs Of Unusual Options Activity</h2>
One way options market activity can be considered unusual is when volume is exceptionally higher than its historical average. The volume of options activity refers to the number of contracts traded over a given time period. Open interest is the number of unsettled contracts that have been traded but not yet closed by either counterparty. In other words, open interest represents the quantity of contracts that individual parties have written but not yet found a counterparty for (i.e. a buyer finding a seller, or a seller finding a buyer).
Another sign of unusual activity is the trading of a contract with an expiration date in the distant future. Usually, additional time until a contract expires allows more opportunity for it to reach its strike price and grow its time value. Time value is important to consider because it represents the difference between the strike price and the value of the underlying asset. 
Contracts that are "out of the money" are also indicative of unusual options activity. "Out of the money" contracts occur when the underlying price is under the strike price on a call option, or above the strike price on a put option. These trades are made with the expectation that the value of the underlying asset is going to change dramatically in the future, and buyers and sellers will benefit from a greater profit margin. 
<h2>Bullish And Bearish Sentiments</h2>
Options are "bullish" when a call is purchased at/near ask price or a put is sold at/near bid price. Options are "bearish" when a call is sold at/near bid price or a put is bought at/near ask price. 
These observations are made without knowing the investor's true intent by purchasing these options contracts. The activity is suggestive of these strategies, but an observer cannot be sure if a bettor is playing the contract outright or if the options bettor is hedging a large underlying position in common stock. For the latter case, bullish options activity may be less meaningful than the exposure a large investor has on their short position in common stock.
<h2>Using These Options Strategies</h2>
Unusual options activity is an advantageous strategy that may greatly reward an investor if they are highly skilled, but for the less experienced trader, it should remain as another tool to make an educated investment decision while taking other observations into account.
For more information to understand options alerts, visit <a href="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts" title="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts">https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts</a>

Analyzing Philip Morris Intl's Unusual Options Activity

iShares 7-10 Year Treasury Bond ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IEF#NASDAQ">IEF</a>) shares experienced unusual options activity on Friday. The stock price moved up to $117.72 following the option alert. 
<ul>
<li>Sentiment: BULLISH</li>
<li>Option Type: SWEEP</li>
<li>Trade Type: PUT</li>
<li>Expiration Date: 2021-10-15</li>
<li>Strike Price: $119.00</li>
<li>Volume: 3000</li>
<li>Open Interest: 3000</li>
</ul>
<h2>Three Signs Of Unusual Options Activity</h2>
One way options market activity can be considered unusual is when volume is exceptionally higher than its historical average. The volume of options activity refers to the number of contracts traded over a given time period. Open interest is the number of unsettled contracts that have been traded but not yet closed by either counterparty. In other words, open interest represents the quantity of contracts that individual parties have written but not yet found a counterparty for (i.e. a buyer finding a seller, or a seller finding a buyer).
Another sign of unusual activity is the trading of a contract with an expiration date in the distant future. Usually, additional time until a contract expires allows more opportunity for it to reach its strike price and grow its time value. Time value is important to consider because it represents the difference between the strike price and the value of the underlying asset. 
Contracts with a strike price far from the underlying price are also considered unusual because they are defined as being "out of the money". This occurs when the underlying price is under the strike price on a call option, or above the strike price on a put option. These trades are made because the underlying asset value is expected to change dramatically in the future, and the buyer or seller can take advantage of a greater profit margin. 
<h2>Bullish And Bearish Sentiments</h2>
Options are "bullish" when a call is purchased at/near ask price or a put is sold at/near bid price. Options are "bearish" when a call is sold at/near bid price or a put is bought at/near ask price. 
These observations are made without knowing the investor's true intent by purchasing these options contracts. The activity is suggestive of these strategies, but an observer cannot be sure if a bettor is playing the contract outright or if the options bettor is hedging a large underlying position in common stock. For the latter case, bullish options activity may be less meaningful than the exposure a large investor has on their short position in common stock.
<h2>Using These Strategies To Trade Options</h2>
Unusual options activity is an advantageous strategy that may greatly reward an investor if they are highly skilled, but for the less experienced trader, it should remain as another tool to make an educated investment decision while taking other observations into account.
For more information to understand options alerts, visit <a href="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts" title="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts">https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts</a>

iShares Trust Barclays 7-10 Year Treasury Bond Fund

Unusual Options Activity Insight: iShares 7-10 Year Treasury Bond ETF

On Friday, shares of Under Armour (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UAA#NYSE">UAA</a>) saw unusual options activity. After the option alert, the stock price moved down to $20.3. 
<ul>
<li>Sentiment: BULLISH</li>
<li>Option Type: SWEEP</li>
<li>Trade Type: CALL</li>
<li>Expiration Date: 2021-08-06</li>
<li>Strike Price: $21.00</li>
<li>Volume: 1713</li>
<li>Open Interest: 1014</li>
</ul>
<h2>Three Signs Of Unusual Options Activity</h2>
Exceptionally large volume (compared to historical averages) is one reason for which options market activity can be considered unusual. The volume of options activity refers to the number of contracts traded over a given time period. Open interest is the number of unsettled contracts that have been traded but not yet closed by either counterparty. In other words, open interest represents the quantity of contracts that individual parties have written but not yet found a counterparty for (i.e. a buyer finding a seller, or a seller finding a buyer).
The trading of a contract with an expiration date in the distant future is another sign of unusual activity. Generally, additional time until a contract expires increases the potential for it to reach its strike price and grow its time value. Time value is important in this context because it represents the difference between the strike price and the value of the underlying asset. 
Contracts with a strike price far from the underlying price are also considered unusual because they are defined as being "out of the money". This occurs when the underlying price is under the strike price on a call option, or above the strike price on a put option. These trades are made because the underlying asset value is expected to change dramatically in the future, and the buyer or seller can take advantage of a greater profit margin. 
<h2>Understanding Sentiment</h2>
Options are "bullish" when a call is purchased at/near ask price or a put is sold at/near bid price. Options are "bearish" when a call is sold at/near bid price or a put is bought at/near ask price. 
These observations are made without knowing the investor's true intent by purchasing these options contracts. The activity is suggestive of these strategies, but an observer cannot be sure if a bettor is playing the contract outright or if the options bettor is hedging a large underlying position in common stock. For the latter case, bullish options activity may be less meaningful than the exposure a large investor has on their short position in common stock.
<h2>Using These Strategies To Trade Options</h2>
Unusual options activity is an advantageous strategy that may greatly reward an investor if they are highly skilled, but for the less experienced trader, it should remain as another tool to make an educated investment decision while taking other observations into account.
For more information to understand options alerts, visit <a href="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts" title="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts">https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts</a>

Understanding Under Armour's Unusual Options Activity

Shares of ONEOK (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKE#NYSE">OKE</a>) saw some unusual options activity on Friday. Following the unusual option alert, the stock price moved down to $51.67. 
<ul>
<li>Sentiment: BULLISH</li>
<li>Option Type: TRADE</li>
<li>Trade Type: PUT</li>
<li>Expiration Date: 2021-09-17</li>
<li>Strike Price: $52.50</li>
<li>Volume: 362</li>
<li>Open Interest: 207</li>
</ul>
<h2>Three Indications Of Unusual Options Activity</h2>
Extraordinarily large volume (compared to historical averages) is one indication of unusual options market activity. Volume refers to the total number of contracts traded over a given time period when discussing options market activity. The number of contracts that have been traded, but not yet closed by either counterparty, is called open interest. A contract cannot be considered closed until there exists both a buyer and seller for it. 
Another indicator of unusual options activity is the trading of a contract with an expiration date in the distant future. Additional time until a contract expires generally increases the potential for it to grow its time value and reach its strike price. It is important to consider time value because it represents the difference between the strike price and the value of the underlying asset. 
"Out of the money" contracts are unusual because they are purchased with a strike price far from the underlying asset price. "Out of the money" occurs when the underlying price is under the strike price on a call option, or above the strike price on a put option. Buyers and sellers try to take advantage of a large profit margin in these instances because they are expecting the value of the underlying asset to change dramatically in the future. 
<h2>Understanding Sentiment</h2>
Options are "bullish" when a call is purchased at/near ask price or a put is sold at/near bid price. Options are "bearish" when a call is sold at/near bid price or a put is bought at/near ask price. 
These observations are made without knowing the investor's true intent by purchasing these options contracts. The activity is suggestive of these strategies, but an observer cannot be sure if a bettor is playing the contract outright or if the options bettor is hedging a large underlying position in common stock. For the latter case, bullish options activity may be less meaningful than the exposure a large investor has on their short position in common stock.
<h2>Trading Options With These Strategies</h2>
Unusual options activity is an advantageous strategy that may greatly reward an investor if they are highly skilled, but for the less experienced trader, it should remain as another tool to make an educated investment decision while taking other observations into account.
For more information to understand options alerts, visit <a href="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts" title="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts">https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts</a>

Analyzing ONEOK's Unusual Options Activity

On Friday, shares of ON Semiconductor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>) saw unusual options activity. After the option alert, the stock price moved up to $39.23. 
<ul>
<li>Sentiment: BULLISH</li>
<li>Option Type: TRADE</li>
<li>Trade Type: CALL</li>
<li>Expiration Date: 2022-01-21</li>
<li>Strike Price: $50.00</li>
<li>Volume: 571</li>
<li>Open Interest: 3643</li>
</ul>
<h2>Three Indications Of Unusual Options Activity</h2>
Exceptionally large volume (compared to historical averages) is one reason for which options market activity can be considered unusual. The volume of options activity refers to the number of contracts traded over a given time period. Open interest is the number of unsettled contracts that have been traded but not yet closed by either counterparty. In other words, open interest represents the quantity of contracts that individual parties have written but not yet found a counterparty for (i.e. a buyer finding a seller, or a seller finding a buyer).
The trading of a contract with an expiration date in the distant future is another sign of unusual activity. Generally, additional time until a contract expires increases the potential for it to reach its strike price and grow its time value. Time value is important in this context because it represents the difference between the strike price and the value of the underlying asset. 
"Out of the money" contracts are unusual because they are purchased with a strike price far from the underlying asset price. "Out of the money" occurs when the underlying price is under the strike price on a call option, or above the strike price on a put option. Buyers and sellers try to take advantage of a large profit margin in these instances because they are expecting the value of the underlying asset to change dramatically in the future. 
<h2>Understanding Sentiment</h2>
Options are "bullish" when a call is purchased at/near ask price or a put is sold at/near bid price. Options are "bearish" when a call is sold at/near bid price or a put is bought at/near ask price. 
Although the activity is suggestive of these strategies, these observations are made without knowing the investor's true intentions when purchasing these options contracts. An observer cannot be sure if the bettor is playing the contract outright or if they're hedging a large underlying position in a common stock. For the latter case, the exposure a large investor has on their short position in common stock may be more meaningful than bullish options activity. 
<h2>Using These Options Strategies</h2>
Unusual options activity is an advantageous strategy that may greatly reward an investor if they are highly skilled, but for the less experienced trader, it should remain as another tool to make an educated investment decision while taking other observations into account.
For more information to understand options alerts, visit <a href="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts" title="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts">https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts</a>

Understanding ON Semiconductor's Unusual Options Activity

Vector Acquisition (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VACQ#NASDAQ">VACQ</a>) shares experienced unusual options activity on Friday. The stock price moved down to $10.23 following the option alert. 
<ul>
<li>Sentiment: BEARISH</li>
<li>Option Type: SWEEP</li>
<li>Trade Type: PUT</li>
<li>Expiration Date: 2021-09-17</li>
<li>Strike Price: $10.00</li>
<li>Volume: 483</li>
<li>Open Interest: 165</li>
</ul>
<h2>Three Indications Of Unusual Options Activity</h2>
Exceptionally large volume (compared to historical averages) is one reason for which options market activity can be considered unusual. The volume of options activity refers to the number of contracts traded over a given time period. Open interest is the number of unsettled contracts that have been traded but not yet closed by either counterparty. In other words, open interest represents the quantity of contracts that individual parties have written but not yet found a counterparty for (i.e. a buyer finding a seller, or a seller finding a buyer).
The trading of a contract with an expiration date in the distant future is another sign of unusual activity. Generally, additional time until a contract expires increases the potential for it to reach its strike price and grow its time value. Time value is important in this context because it represents the difference between the strike price and the value of the underlying asset. 
Contracts that are "out of the money" are also indicative of unusual options activity. "Out of the money" contracts occur when the underlying price is under the strike price on a call option, or above the strike price on a put option. These trades are made with the expectation that the value of the underlying asset is going to change dramatically in the future, and buyers and sellers will benefit from a greater profit margin. 
<h2>Understanding Sentiment</h2>
Options are "bullish" when a call is purchased at/near ask price or a put is sold at/near bid price. Options are "bearish" when a call is sold at/near bid price or a put is bought at/near ask price. 
These observations are made without knowing the investor's true intent by purchasing these options contracts. The activity is suggestive of these strategies, but an observer cannot be sure if a bettor is playing the contract outright or if the options bettor is hedging a large underlying position in common stock. For the latter case, bullish options activity may be less meaningful than the exposure a large investor has on their short position in common stock.
<h2>Using These Strategies To Trade Options</h2>
Unusual options activity is an advantageous strategy that may greatly reward an investor if they are highly skilled, but for the less experienced trader, it should remain as another tool to make an educated investment decision while taking other observations into account.
For more information to understand options alerts, visit <a href="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts" title="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts">https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts</a>

VACQ

Unusual Options Activity Insight: Vector Acquisition

On Friday, shares of Credit Suisse Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CS#NYSE">CS</a>) saw unusual options activity. After the option alert, the stock price moved down to $9.99. 
<ul>
<li>Sentiment: BULLISH</li>
<li>Option Type: SWEEP</li>
<li>Trade Type: CALL</li>
<li>Expiration Date: 2022-04-14</li>
<li>Strike Price: $11.00</li>
<li>Volume: 500</li>
<li>Open Interest: 50</li>
</ul>
<h2>Three Signs Of Unusual Options Activity</h2>
One way options market activity can be considered unusual is when volume is exceptionally higher than its historical average. The volume of options activity refers to the number of contracts traded over a given time period. The number of unsettled contracts that have been traded, but not yet closed, is called open interest. These contracts are not yet closed because a buyer has not purchased the contract, or a seller has not sold it.
Another indicator of unusual options activity is the trading of a contract with an expiration date in the distant future. Additional time until a contract expires generally increases the potential for it to grow its time value and reach its strike price. It is important to consider time value because it represents the difference between the strike price and the value of the underlying asset. 
Contracts that are "out of the money" are also indicative of unusual options activity. "Out of the money" contracts occur when the underlying price is under the strike price on a call option, or above the strike price on a put option. These trades are made with the expectation that the value of the underlying asset is going to change dramatically in the future, and buyers and sellers will benefit from a greater profit margin. 
<h2>Bullish And Bearish Sentiments</h2>
Options are "bullish" when a call is purchased at/near ask price or a put is sold at/near bid price. Options are "bearish" when a call is sold at/near bid price or a put is bought at/near ask price. 
These observations are made without knowing the investor's true intent by purchasing these options contracts. The activity is suggestive of these strategies, but an observer cannot be sure if a bettor is playing the contract outright or if the options bettor is hedging a large underlying position in common stock. For the latter case, bullish options activity may be less meaningful than the exposure a large investor has on their short position in common stock.
<h2>Trading Options With These Strategies</h2>
Unusual options activity is an advantageous strategy that may greatly reward an investor if they are highly skilled, but for the less experienced trader, it should remain as another tool to make an educated investment decision while taking other observations into account.
For more information to understand options alerts, visit <a href="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts" title="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts">https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts</a>

Understanding Credit Suisse Group's Unusual Options Activity

Boston Private Wealth&#39;s Shannon Saccocia recently bought stock in Netflix Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nflx#NASDAQ">NFLX</a>) and Walt Disney Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dis#NYSE">DIS</a>), she said Friday on CNBC&#39;s &quot;Fast Money Halftime Report.&quot;
Streaming will continue to be an &quot;incredibly important part of the way we consume information,&quot; Saccocia told CNBC. Netflix and Disney are the two strongest players in the streaming space, she added.
If COVID-19 variant concerns continue to weigh on the markets, streaming stocks will be a good place to put money, she said.
See Also: <a href="https://www.benzinga.com/m-a/21/07/12098441/this-day-in-market-history-disney-buys-abc">This Day In Market History: Disney Buys ABC</a>
Why Netflix? Netflix&#39;s ability to grow its subscriber base makes it a stock worth holding long-term, Saccocia said. She is anticipating the continued release of quality content from the streaming giant over the next few years.
Why Disney? Although Disney has seen recent success in the streaming world, its parks revenue still hasn&#39;t come back, Saccocia noted. She expects Disney to begin showing accelerating theme park revenue on its upcoming earnings report.
Disney is scheduled to report its fiscal third-quarter 2021 financial results after the market closes on Aug. 12.
Price Action: At last check Friday, Netflix was up 0.81% at $518.40, while Disney was down 1.11% at $176.37.

Long Ideas

Trading Ideas

NFLX

Why This Investor Recently Bought Disney And Netflix

AgTech and Food Innovation is an area that is growing quickly. With new opportunities on the horizon, what does the future hold? During a recent <a href="https://public.qwjcdi.net/c/1193480/1101649/10608">Public Live audio show</a>, business journalist Kinsey Grant sat down with Andrew Little, a research analyst at Global X ETFs. Here is an excerpt of their conversation.
Kinsey Grant: What is the difference between AgTech and Food Innovation? Andrew Little: Both will play a major role in the future. AgTech is short for agricultural technology. The goal is to improve yields and crop quality. The four segments are precision agriculture, agricultural robotics, controlled environment agriculture, and agricultural biotechnology. Food innovation is the other side of the coin and includes things such as food and dairy alternatives, plant-based meat, and lab-grown meat. Food waste is another area of food innovation. The two sectors marry well together. They look at the production and consumption of food products, addressing them to remove negative structural impacts.
KG: Why do we have a KROP (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/krop#NASDAQ">KROP</a>) ETF? Why are new players needed in this space, and why invest? AL: It goes back to thematic investing. First, we identify macro-level trends, such as structural shifts leading to negative impacts. Then, we use this to establish conviction in a set of solutions that affect a paradigm shift in the industry. After, we make sure it is investable for the public. Finally, we consider time horizon. Thematic investing doesn&rsquo;t happen overnight and while the pandemic accelerated multiple themes, AgTech and Food Innovation look at those macro trends that drive changes.Right now, there is a lot of waste in agriculture, so Food Innovation and AgTech can reduce this waste. This is particularly important with a growing labor shortage. A robot can be used to deploy precision agriculture, we can address production issues.
KG: How is solving the labor shortage in food and agriculture going to solve bigger problems, such as food insecurity? AL: It&rsquo;s about using insights from precision agriculture to reduce the number of inputs used currently to cultivate more crops over time. Right now, there are a number of harvesting robots that can identify what food is ripe. Then, they use their arms to harvest a field much faster than a human labor force. This reduces waste because crops don&rsquo;t go bad due to a labor shortage. Consumption trends are also changing, with people preferring plant-based foods and lab-grown meat, which reduces food constraints on other areas, such as livestock.
KG: How much are the changes in the food industry being driven by changes in taste preferences? AL: This shift in taste preferences is very disruptive&hellip; oat milk is getting tastier&hellip; so alternative food is getting more popular, such as plant-based meat companies. It&rsquo;s no longer veganism and vegetarianism, it&rsquo;s more about health and sustainability. These new products have those advantages. You have the ability to capture a market that wouldn&rsquo;t want to transition their diet by growing meat in labs. You don&rsquo;t use land and you don&rsquo;t need to use livestock cultivation. There are alternative proteins, such as insect-based protein, that provide a new opportunity.
KG: How do you change people&rsquo;s minds and drive new taste preferences? AL: It needs to be addressed, but the growth in areas, such as plant-based meats, is encouraging. Plant-based meat is up 45 percent year over year dairy alternatives are up 20 percent year over year, according to a report published in April. There is strength. We believe this will increase as more products come available. There will also be a generational shift. Younger generations are more inclined to purchase these products. As they mature, this will be a driver. It&rsquo;s about understanding these issues as a question of sustainability as well. The pandemic showed us what a stressed supply chain was like.
KG: What do these newcomers mean for traditional companies, like Tyson (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tsn#NYSE">TSN</a>)? AL: There will be a shift within these companies to roll out their own products. Tyson has some alternative meat operations. There is M&amp;A potential for publics and privates. But, these new companies have the potential to establish a meaningful market moving forward. We are seeing new products arrive in restaurants around the world. The future is bright for these categories, and they have a large growth runway.
<a href="https://www.benzinga.com/go/public">Public.com</a> is an investing app where you can share ideas and explore the stock market in a community of more than 1 million members. You can also participate in Town Hall events and ask questions to CEOs and CFOs of companies you want to learn more about, and tune into Public Live audio shows several times a week to hear the latest takes from journalists, analysts, and executives. <a href="https://www.benzinga.com/go/public">Get the app</a> and start with a free slice of stock valued up to $70.
*Offer valid for U.S. residents 18+ and subject to account approval. Open to the Public Investing, Inc. (Public) is a member of FINRA and SIPC. This content is not investment advice. Investing involves risk of loss. Investments are not insured or guaranteed against loss. Regulatory and firm fees apply.

Specialty ETFs

ETFs

KROP

Public Live: Bull Case for AgTech and Food Innovation as an Investment

Shares of JFrog (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FROG#NASDAQ">FROG</a>) saw some unusual options activity on Friday. Following the unusual option alert, the stock price moved down to $44.68. 
<ul>
<li>Sentiment: BULLISH</li>
<li>Option Type: SWEEP</li>
<li>Trade Type: PUT</li>
<li>Expiration Date: 2021-08-20</li>
<li>Strike Price: $40.00</li>
<li>Volume: 1790</li>
<li>Open Interest: 295</li>
</ul>
<h2>Three Signs Of Unusual Options Activity</h2>
One way options market activity can be considered unusual is when volume is exceptionally higher than its historical average. The volume of options activity refers to the number of contracts traded over a given time period. Open interest is the number of unsettled contracts that have been traded but not yet closed by either counterparty. In other words, open interest represents the quantity of contracts that individual parties have written but not yet found a counterparty for (i.e. a buyer finding a seller, or a seller finding a buyer).
Another indicator of unusual options activity is the trading of a contract with an expiration date in the distant future. Additional time until a contract expires generally increases the potential for it to grow its time value and reach its strike price. It is important to consider time value because it represents the difference between the strike price and the value of the underlying asset. 
Contracts that are "out of the money" are also indicative of unusual options activity. "Out of the money" contracts occur when the underlying price is under the strike price on a call option, or above the strike price on a put option. These trades are made with the expectation that the value of the underlying asset is going to change dramatically in the future, and buyers and sellers will benefit from a greater profit margin. 
<h2>Bullish And Bearish Sentiments</h2>
Options are "bullish" when a call is purchased at/near ask price or a put is sold at/near bid price. Options are "bearish" when a call is sold at/near bid price or a put is bought at/near ask price. 
Although the activity is suggestive of these strategies, these observations are made without knowing the investor's true intentions when purchasing these options contracts. An observer cannot be sure if the bettor is playing the contract outright or if they're hedging a large underlying position in a common stock. For the latter case, the exposure a large investor has on their short position in common stock may be more meaningful than bullish options activity. 
<h2>Trading Options With These Strategies</h2>
Unusual options activity is an advantageous strategy that may greatly reward an investor if they are highly skilled, but for the less experienced trader, it should remain as another tool to make an educated investment decision while taking other observations into account.
For more information to understand options alerts, visit <a href="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts" title="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts">https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts</a>

FROG

Analyzing JFrog's Unusual Options Activity

Shares of Splunk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPLK#NASDAQ">SPLK</a>) saw some unusual options activity on Friday. Following the unusual option alert, the stock price moved up to $142.77. 
<ul>
<li>Sentiment: BEARISH</li>
<li>Option Type: SWEEP</li>
<li>Trade Type: PUT</li>
<li>Expiration Date: 2022-01-21</li>
<li>Strike Price: $100.00</li>
<li>Volume: 338</li>
<li>Open Interest: 1188</li>
</ul>
<h2>Three Indications Of Unusual Options Activity</h2>
Extraordinarily large volume (compared to historical averages) is one indication of unusual options market activity. Volume refers to the total number of contracts traded over a given time period when discussing options market activity. Open interest is the number of unsettled contracts that have been traded but not yet closed by either counterparty. In other words, open interest represents the quantity of contracts that individual parties have written but not yet found a counterparty for (i.e. a buyer finding a seller, or a seller finding a buyer).
Another indicator of unusual options activity is the trading of a contract with an expiration date in the distant future. Additional time until a contract expires generally increases the potential for it to grow its time value and reach its strike price. It is important to consider time value because it represents the difference between the strike price and the value of the underlying asset. 
Contracts that are "out of the money" are also indicative of unusual options activity. "Out of the money" contracts occur when the underlying price is under the strike price on a call option, or above the strike price on a put option. These trades are made with the expectation that the value of the underlying asset is going to change dramatically in the future, and buyers and sellers will benefit from a greater profit margin. 
<h2>Bullish And Bearish Sentiments</h2>
Options are "bullish" when a call is purchased at/near ask price or a put is sold at/near bid price. Options are "bearish" when a call is sold at/near bid price or a put is bought at/near ask price. 
These observations are made without knowing the investor's true intent by purchasing these options contracts. The activity is suggestive of these strategies, but an observer cannot be sure if a bettor is playing the contract outright or if the options bettor is hedging a large underlying position in common stock. For the latter case, bullish options activity may be less meaningful than the exposure a large investor has on their short position in common stock.
<h2>Using These Strategies To Trade Options</h2>
Unusual options activity is an advantageous strategy that may greatly reward an investor if they are highly skilled, but for the less experienced trader, it should remain as another tool to make an educated investment decision while taking other observations into account.
For more information to understand options alerts, visit <a href="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts" title="https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts">https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts</a>

SPLK

Understanding Splunk's Unusual Options Activity

Here is a summary of the latest leadership changes within the cannabis industry.

<h4>Papa &amp; Barkley Announces Promotions, New Hires</h4>

Cannabis wellness company Papa &amp; Barkley <a href="http://www.benzinga.com/markets/cannabis/20/11/18304965/papa-barkley-expands-edibles-offering-with-releaf-chocolates">has boosted</a>&nbsp;its executive team with several promotions and new hires.

Adam Grossman, who served as founder and CEO of Eureka, California-based company, is now&nbsp;chair of the board of directors.

Former Milani Cosmetics CMO Evelyn Wang agreed to join Papa &amp; Barkley and replace Grossman as the new CEO. Wang has over 15 years of senior management experience from her time&nbsp;working at L&#39;Oreal and The Estee Lauder Companies.

Papa &amp; Barkley co-founder and CPO Guy Rocourt&nbsp;was promoted to President in September. Meanwhile, Zeeshan Hyder will oversee the company&#39;s financial department.

The company <a href="http://www.benzinga.com/markets/cannabis/20/07/16715721/papa-barkley-enters-edibles-market-with-releaf-gummies">introduced</a> its first line of edible products in July, only to <a href="http://www.benzinga.com/markets/cannabis/20/11/18304965/papa-barkley-expands-edibles-offering-with-releaf-chocolates">expand</a> it in November with a line of THC-rich edibles that contain Fair Trade Certified ingredients.

<h4>MCOA Promotes Board Member To VP Of South American Subsidiaries</h4>

Hemp and cannabis company Marijuana Company of America Inc. (OTCQB:<a class="ticker" href="/stock/MCOA#OTCQB">MCOA</a>) has named board member Marco Guerrero as vice president of its hempSMART Brazil and hempSMART Uruguay subsidiaries.

Guerrero <a href="http://www.benzinga.com/markets/cannabis/20/06/16277259/marijuana-company-of-america-welcomes-marco-guerrero-to-its-board">joined</a> Escondido, California-based company in June.

&ldquo;We are excited to have Marco take on this role and propel us to a higher level of international production and distribution opportunities,&rdquo; MCOA chief executive&nbsp;Jesus Quintero <a href="http://www.globenewswire.com/news-release/2021/01/27/2165008/0/en/Marco-Guerrero-Named-Vice-President-of-Latin-America-for-Marijuana-Company-of-America-Inc.html">said</a>.

Guerrero&rsquo;s &ldquo;expertise in Latin America in particular strengthens our ability to distribute our Premium CBD and hemp-derived hempSMART product line for the first time in Brazil,&rdquo; Quintero explained.

<h4>Grown Rogue Appoints Steve Lightman To Board Of Directors</h4>

Cannabis company Grown Rogue International Inc.&nbsp;(OTC:<a class="ticker" href="/stock/GRUSF#OTC">GRUSF</a>) tapped Steve Lightman to serve as its independent director.

Lightman brings over three decades of experience in the agriculture industry.

He is Group President at 1-800-FLOWERS.COM&nbsp;Inc., where he oversees the strategy and operational agility within its Gourmet Foods and Gift Baskets division.

&quot;After making an investment into the Company in December, I&#39;m excited to be working with the Grown Rogue team and my fellow board members to help expand our product offerings to meet the demands of cannabis businesses in Oregon, Michigan, and beyond,&quot; Lightman <a href="http://www.businesswire.com/news/home/20210127005499/en/Steve-Lightman-Joins-Grown-Rogue%E2%80%99s-Board-of-Directors">said&nbsp;Wednesday</a>.

In November Medford, Oregon-based company <a href="http://www.benzinga.com/pressreleases/19/11/14807742/grown-rogue-announces-issuance-of-shares">issued</a> some 1.05 million of its common shares at $0.21 per share to its directors, officers, and consultants.

<h4>CbdMD Renews Collaboration With Pro Rally Driver Ken Block</h4>

CbdMD&nbsp;Inc. (NYSE:<a class="ticker" href="/stock/YCBD#NYSE">YCBD</a>) is extending its collaboration with a professional rally and rallycross driver Ken Block.

The renewed sponsorship deal includes several new marketing opportunities to advertise the cbdMD brand.

The brand&rsquo;s logo would appear on Block&rsquo;s official fire suit and rally car under the agreement.

Both parties are thrilled to renew the partnership.

&ldquo;We look forward to further connecting with Ken&rsquo;s impressive 8 million social media following to continue to raise awareness of the overarching benefits of our CBD products for not only professional athletes, but for exercise enthusiasts, pets, and everyday Americans,&rdquo; CbdMD CMO&nbsp;Ken Cohn&nbsp;<a href="http://www.businesswire.com/news/home/20210127005175/en/cbdMD-Extends-Sponsorship-With-Professional-Rally-Driver-Megastar-Ken-Block">said</a>.

Meantime, according to its latest <a href="http://www.benzinga.com/markets/cannabis/20/12/18912679/cbdmd-net-sales-increase-77-year-over-year-direct-e-commerce-sales-jump-to-30-5m">earnings update</a>, the CbdMD&rsquo;s net sales went up by 77% year-over-year to $41.9 million in fiscal 2020.

Agricor And Botanacor Staff Up To Keep Up with Rising Demand

Agricor Laboratories and Botanacor Laboratories jointly revealed four new appointments.

Lisa Semmer has been tapped to manage marketing activity as Senior Director of Marketing for Botanacor and Agricor.

Kristen Wolf agreed to manage sales for both companies. She was appointed to serve in a dual role after spending three years as Agricor&rsquo;s Sales Manager.

In addition, Andrew German and Monica Stump are appointed to serve as new Inside Sales Representatives for Botanacor.

&ldquo;We&rsquo;ve hired and promoted top-performers to bring our customers the highest scientific standards available anywhere in North America,&rdquo; Dr. Carl Craig,&nbsp; CEO of Agricor and Botanacor, <a href="http://www.businesswire.com/news/home/20210127005288/en/Botanacor-Laboratories-and-Agricor-Laboratories-Rapidly-Fill-Four-New-Positions-Responding-to-Rising-Demand-for-Their-Cannabis-and-Hemp-Testing-Capabilities">said</a> Wednesday.

<h4>Flower One Confirms New&nbsp;Appointments</h4>

Cannabis company Flower One Holdings Inc. <a href="http://www.newcannabisventures.com/nevada-cannabis-operator-flower-one-recapitalizes-and-reorganizes-board-and-executive-team/">announced</a>&nbsp;several leadership changes on the heels of debt restructuring. It also&nbsp;<a href="http://www.benzinga.com/markets/cannabis/21/01/19346079/flower-one-appoints-new-ceo-restructures-debt-explores-sale-leaseback-deal">closed a $10 million</a>&nbsp;non-brokered convertible debenture offering that could increase to $25 million.

The Toronto-based company appointed its Chief Strategy Officer Kellen O&rsquo;Keefe to serve as its Interim CEO, replacing Ken Villazor, who resigned as CEO, President, and board chair.

Moreover, O&rsquo;Keefe, who will continue to oversee the company&rsquo;s strategy, was also tapped to the board of directors alongside Mitchell Kahn and Eliza Gairard.

Kahn is co-founder of Grassroots Cannabis, which was <a href="http://www.benzinga.com/markets/cannabis/20/07/16754066/curaleaf-finalizes-grassroots-deal-appoints-mitchell-kahn-to-board">sold</a> to Curaleaf for roughly $830 million in July.

Gairard is a partner at Richmond Hill Investments and also the capital partner to Mammoth Distribution.

In addition, Amit Varma and David Wesley opted to step down from the board.

Meanwhile, COO of Nevada Operations, Salpy Boyajian, was named Executive Vice President and also the board&rsquo;s chairman. Nitin Kaushal was named chair of the company&rsquo;s audit, risk and finance committee.

<h4>Cassandra Michaud Joins Elev8 Cannabis As COO</h4>

Cannabis retailer Elev8 Cannabis opted for another leadership change and tapped Cassandra Michaud to the chief operating officer&#39;s position.

Michaud joined the Eugene, Oregon-based company last year.

&quot;In a short period, Cassandra has contributed to our day-to-day operations in multiple states helping Elev8 reach and sustain business success,&quot; Seun Adedeji, the company&#39;s founder and CEO, <a href="http://www.prweb.com/releases/elev8_cannabis_announces_chief_operating_officer/prweb17684195.htm">noted</a>.

Adedeji was <a href="http://www.benzinga.com/markets/cannabis/20/12/18953123/cannabis-movers-shakers-elev8-viola-flower-one">appointed</a> to the National Cannabis Industry Association Board of Directors in December.

In November, Elev8 reinforced its team by <a href="http://www.benzinga.com/markets/cannabis/20/11/18468816/cannabis-movers-shakers-elev8-eaze-aphria-australis-arcview-hempmeds-ianthus-enwave">welcoming</a> Naomi Granger as CFO.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<h4>Fluence Appoints Jordon Musser To Serve As CPO</h4>

Fluence by OSRAM <a href="http://www.businesswire.com/news/home/20210128005342/en/Fluence-Hires-Jordon-Musser-as-Chief-Product-Officer">was hired</a>&nbsp;Jordon Musser to serve as Chief Product Officer.

The Austin, Texas-based provider of custom lighting solutions to indoor farms and greenhouses is at an &ldquo;exciting, critical junction in our growth,&rdquo; CEO David Cohen said Thursday.

Cohen is assured that Musser&rsquo;s &ldquo;deep product design and development expertise&rdquo; would boost Fluence&rsquo;s growth.

Prior to this, Musser served in several roles at Dallas-based Flex Lighting Solutions.

<h4>Marijuana Policy Project Names Sal Pace The Board Chair</h4>

Marijuana Policy Project confirmed it has elected Sal Pace to chair the board of directors.

Pace, who replaces Arcview co-founder Troy Dayton, is a seasoned cannabis expert who has held elected office as both county commissioner in Pueblo County, Colorado, and Colorado State Representative, when he served as House Minority Leader.

&quot;Ending marijuana prohibition in the U.S. is the most effective way to address social justice issues,&quot; Pace said. &quot;As MPP chair, we aren&#39;t just focused on legalization, we&#39;re also concerned with doing it right, which means equity and diversity in opportunity and correcting the negative impacts from the failed war on drugs.&quot;

<h4>Canopy Growth Appoints David Culver VP Of Global Government Relations</h4>

Canopy Growth Corp (NASDAQ:<a class="ticker" href="/stock/CGC#NASDAQ">CGC</a>) has recently named David Culver its new Vice President of Global Government Relations.

Previously, Culver was responsible for the company&rsquo;s U.S. Government and Stakeholder Relations.

Prior to joining Canopy, he served for over 16 years as Vice President of Government Affairs for the Distilled Spirits Council of the United States.

<h4>Gage Growth Welcomes Richard Mavrinac To Its Board</h4>

Detroit-based Gage Growth Corp. strengthened its board by tapping Richard Mavrinac into its ranks.

The cannabis company <a href="http://www.prnewswire.com/news-releases/gage-cannabis-announces-final-closing-of-oversubscribed-regulation-a-equity-financing-301216703.html">reported</a> the news&nbsp;on the heels of <a href="http://www.benzinga.com/markets/cannabis/21/01/19368069/gage-cannabis-completes-50m-financing-round-plans-to-go-public-via-m-a">closing</a> a $50 million financing round via a Regulation A+ offering.

Prior to this, Mavrinac served as George Weston Limited&rsquo;s CFO as well as executive vice president of Loblaw Companies Limited.

In addition, he also serves as a board member of TerrAscend Corp. (OTCQX:<a class="ticker" href="/stock/TRSSF#OTCQX">TRSSF</a>) and Canopy Rivers (OTC:<a class="ticker" href="/stock/CNPOF#OTC">CNPOF</a>).

<h4>Hemp Hydrate Names Richard Leininger VP Of Sales &amp; Distribution</h4>

Hemp and CBD company Hemp Hydrate International Holdings Ltd. <a href="http://www.globenewswire.com/news-release/2021/01/28/2166133/0/en/HEMP-HYDRATE-ANNOUNCES-APPOINTMENT-OF-RICHARD-LEININGER-AS-VP-SALES-DISTRIBUTION-AND-EXPANDS-ITS-RETAIL-DISTRIBUTION.html">has appointed</a>&nbsp;Richard Leininger to serve as vice president of Sales and Distribution.

He will concentrate on &ldquo;onboarding new beverage specific distributors&rdquo; across the country in his new role.

Currently, Leininger serves as Atlas Labels &amp; Packaging&rsquo;s President. Prior to that, he spent over two decades working at Anheuser-Busch.

Last month, the company <a href="http://www.benzinga.com/pressreleases/20/12/g18795859/hemp-hydrate-expands-retail-distribution-to-the-metro-new-york-city-marketplace">expanded</a> its retail distribution Metro New York City marketplace via a deal with Cool River Beverages LLC, that way joining its industry peers in <a href="http://www.benzinga.com/markets/cannabis/20/12/18918805/the-migration-saga-from-beverage-to-cannabis-and-vice-versa">pursuing opportunities</a> within the beverage space.

<h4>Schwazze Appoints Pratap Mukharj To Its Board</h4>

Schwazze (OTCQX:<a class="ticker" href="/stock/SHWZ#OTCQX">SHWZ</a>), which operates as Medicine Man Technologies Inc., welcomed Pratap Mukharj to its board of directors.

Mukharj has over 30 years of experience in management consulting. Previously he worked at Bain &amp; Company.

Justin Dye, the company&rsquo;s Chairman, and CEO <a href="http://www.businesswire.com/news/home/20210128005926/en/Colorado-based-Cannabis-Collective-Schwazze-Announces-Changes-to-Board-of-Directors">said</a> Thursday they are excited that Mukharji opted to join their team, touting his &ldquo;experience in M&amp;A, supply chain alignment and omnichannel initiatives across multiple industries will be invaluable to our team.&rdquo;

Meantime, in November, Colorado-based company <a href="http://www.benzinga.com/markets/cannabis/20/11/18231239/schwazze-to-close-star-buds-transaction-expects-7-4m-in-revenue-for-the-quarter">closed</a> the acquisition of 14 Start Buds locations in the Centennial State.

<h4>Wall Street Expert Todd Harrison Joins C21 Investments Board, Former CEO Resigns From Board</h4>

Vertically integrated cannabis company C21 Investments Inc. (CSE:<a class="ticker" href="/stock/CXXI#CSE">CXXI</a>) (OTCQX:<a class="ticker" href="/stock/CXXIF#OTCQX">CXXIF</a>) tapped Todd Harrison into its board of directors.

Harrison spent over three decades on Wall Street. Currently, he serves as CB1 Capital Management&rsquo;s CIO.

In addition, former CEO Robert Cheney <a href="http://finance.yahoo.com/finance/news/empire-state-realty-trust-achieves-161800801.html">resigned from the board</a>.

&ldquo;Todd is a tremendous addition to the board and we couldn&rsquo;t be more pleased to have him as part of the team,&rdquo; Bruce Macdonald, the company&rsquo;s Chairman told Benzinga.

&ldquo;I have had the great pleasure of working closely with Todd over the past two years &ndash; he brings one of the sharpest minds in the industry to the table along with exceptional capital markets experience.&rdquo;

The Vancouver company <a href="http://www.benzinga.com/markets/cannabis/20/09/17676573/c21-investments-debuts-on-otcqx">debuted</a> on the OTCQX in September under the symbol CXXIF.

<h4>MediPharm Labs Hires Greg Hunter To Serve As CFO</h4>

MediPharm Labs Corp. (TSX:<a class="ticker" href="/stock/LABS#TSX">LABS</a>) (OTCQX:<a class="ticker" href="/stock/MEDIF#OTCQX">MEDIF</a>)&nbsp;opted for yet another personnel change, just a month after <a href="http://www.benzinga.com/markets/cannabis/20/12/18750118/cannabis-movers-shakers-nicole-kidman-joins-sera-labs-grasslands-liberty-health-medipharm-thc-th">shaking up its leadership</a>.

The Toronto-based company <a href="http://www.globenewswire.com/news-release/2021/01/29/2166539/0/en/MediPharm-Labs-Appoints-New-Chief-Financial-Officer.html">announced</a> Friday that Greg Hunter agreed to oversee its financial department.

Hunter brings over two decades of finance experience, having worked in healthcare distribution, telecommunications, pharmaceuticals, biotechnology, medical device, and consumer packaged goods industries.

Keith Strachan, the company&rsquo;s CEO, praised Hunter, highlighting that &ldquo;his addition will ensure that we are well-positioned to execute on our plans and deliver profitable growth in the future.&rdquo;

<h4>Nabis Holdings Reveals A Series Of Appointments</h4>

Nabis Holdings Inc. (CSE:<a class="ticker" href="/stock/NAB#CSE">NAB</a>) named Bruce Langstaff to Executive Chairman and&nbsp;Jared Carroll to Chair of the Audit Committee of the Board of Directors.

The company also&nbsp;<a href="http://www.globenewswire.com/news-release/2021/01/29/2166653/0/en/Nabis-Holdings-Inc-Announces-Board-Appointments-and-Corporate-Update.html">confirmed</a> Friday that Scott Kelly and Jennifer Law were tapped to serve on the Audit Committee.

Penny Stocks

Movers & Shakers

Small Cap

Cannabis Movers & Shakers: Papa & Barkley, MCOA, Grown Rogue, cbdMD, Agricor, Botanacor, Flower One, Fluence, MPP, Canopy, Gage, Hemp Hydrate, Elev8

Grown Rogue International Inc. (CSE:<a class="ticker" href="/stock/GRIN#CSE">GRIN</a>) (OTC:<a class="ticker" href="/stock/GRUSF#OTC">GRUSF</a>) acquired a facility and retail dispensary in Oregon from a subsidiary of Acreage Holdings Inc.&nbsp;(OTCQX:<a class="ticker" href="/stock/ACRHF#OTCQX">ACRHF</a>) for roughly&nbsp;$3 million.

The acquired facility, previously owned by HSCP&nbsp;LLC, is located in Medford, close&nbsp;to&nbsp;Grown Rouge&rsquo;s facility. This should enable the company to lower production costs to at or below 80 cents per gram.

The facility is expected to have the capacity to manufacture around 2,400 pounds or $2.5 million in revenue of flower for the rest of the year.

Once it is enhanced with a fourth cultivation space, the facility will be able to produce 5,000 pounds or $6 million in revenue of flower.

The acquired retail dispensary is located in Portland, and Grown Rouge should take over its retail activities in two to four months upon obtaining regulatory approvals. The company hopes it will boost its yearly revenue by $1 million via retail sales from this dispensary.

With these strategic acquisitions, Grown Rouge&rsquo;s total indoor capacity reaches 127,000 square&nbsp;feet and its total annual revenue is projected to hit $20 million.

&ldquo;This value acquisition is another example of our talented team&rsquo;s disciplined focus on our core competency of high-quality, low-cost flower production,&rdquo; Grown Rogue CEO&nbsp;Obie Strickler said.&nbsp;&ldquo;We are picking up where we left off in 2020, when we completed a controlling interest acquisition of a first-rate cannabis asset in Michigan.&quot;

Grown Rogue will continue&nbsp;to &quot;execute&quot; its business strategy of acquiring undervalued assets, Strickler added.

Courtesy image

Asset Sales

Grown Rogue Buys Oregon Dispensary For $3M, Projects Total Revenue Of $20M

<h3>MariMed Names Howard Schacter CCO And Executive Management Team Member</h3>

Cannabis company MariMed, Inc. (OTCQX:<a class="ticker" href="https://www.benzinga.com/stock/MRMD#OTCQX">MRMD</a>) has appointed Howard Schacter to oversee its communications department.

The Norwood, Massachusetts-based company also named Schacter a member of its executive management team.

During his career, Schacter had counseled several companies, such as Facebook Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FB#NASDAQ">FB</a>), McDonald&#39;s Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>), Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), and Spotify Technology SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>), to name a few.

Prior to this, he served as head of communications at Acreage Holdings Inc.(OTC:<a class="ticker" href="https://www.benzinga.com/stock/ACRGF#OTC">ACRGF</a>).

&quot;Howard brings exactly the right skill set to tell our compelling MariMed story to investors and the media, to generate even more attention for our award-winning brands among customers and patients, and to align our employees around our mission and values,&quot; said Bob Fireman, president, chairman, CEO and co-founder of MariMed.

<h3>Ascend Wellness Holdings Appoints Former WW&#39;s VP Of HR To Serve As Chief People Officer</h3>

Vertically integrated cannabis company Ascend Wellness Holdings, Inc. (CSE:<a class="ticker" href="https://www.benzinga.com/stock/AAWH#CSE">AAWH</a>) has named Robin Debiase as its first chief people officer.

Debiase joined the New York-based company in March. She is a seasoned human resources expert who has more than 24 years of international leadership experience.

Debiase previously served as vice president of human resources at WW (formerly Weight Watchers).

&quot;Robin has a proven track record of aligning human resource strategy with business goals for organizations in various stages of growth and transformation,&quot; Abner Kurtin, founder and CEO of AWH, said.

<h3>New Leaf Ventures&rsquo;s New Leaf USA Subsidiary Hires New CFO</h3>

New Leaf Ventures Inc.&rsquo;s (CSE:<a class="ticker" href="https://www.benzinga.com/stock/NLV#CSE">NLV</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NLVVF#OTC">NLVVF</a>) wholly-owned subsidiary, New Leaf USA, Inc., has hired Debi Nordstrom to oversee its financial department.

Nordstrom brings vast accounting and consulting knowledge, having served as treasurer on several boards. She is the founder of Martin &amp; Nordstrom Co.

&ldquo;We are all delighted to have Debi join us as we prepare for the increased activity the entire sector is looking forward to as we enter the post-covid reality,&rdquo; said Robert Colwell, CEO and co-founder of New Leaf USA, and director of New Leaf Ventures Inc.

<h3>Grown Rogue Taps Tom Fortner To Serve As COO</h3>

Grown Rogue International Inc. (CSE:<a class="ticker" href="https://www.benzinga.com/stock/GRIN#CSE">GRIN</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GRUSF#OTC">GRUSF</a>) said Tuesday it has welcomed Tom Fortner as its new chief operating officer.

Fortner brings more than four decades of expertise in horticulture. He and his wife&nbsp;started a small greenhouse operation, which grew to over 60 acres of greenhouse and outdoor growing area over the course of&nbsp;20 years.

&ldquo;With our significant cultivation capacity increases over the past six months, adding 500 plus pounds of high-quality flower per month, Tom&rsquo;s 30-year career in the bedding plant industry is the perfect fit to scale our rapidly expanding operations in Oregon and Michigan,&rdquo; said Obie Strickler, chief executive officer of Grown Rogue.

<h3>Organigram Appoints Former Aphria Exec Megan McCrae As SVP Of Marketing &amp; Communications</h3>

Organigram Holdings Inc. (TSX:<a class="ticker" href="https://www.benzinga.com/stock/OGI#TSX">OGI</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OGI#NASDAQ">OGI</a>), the parent company of Organigram Inc., has tapped Megan McCrae to serve as its senior vice president of marketing and communications.

McCrae is a seasoned marketing expert with 17 years&nbsp;experience in consumer packaged goods marketing and sales management, as well as brand building and consumer insights.

Prior to joining Organigram, she oversaw the marketing department at Aphria Inc. (TSX:<a class="ticker" href="https://www.benzinga.com/stock/APHA#TSX">APHA</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APHA#NASDAQ">APHA</a>).

<h3>Soccer Legend Cristiano Ronaldo Named Newest Therabody Athlete</h3>

The former Real Madrid and current Juventus forward, Cristiano Ronaldo, has agreed to team up with Therabody, the creator of Theragun and producer of Thera One CBD wellness products.

The Los Angeles-based tech wellness company named the Portuguese native its newest Therabody Athlete.

Ronaldo has been using the Theragun &ndash; a handheld percussive therapy device &ndash; since 2017 as part of his routine.

&quot;My body is my weapon,&quot; Ronaldo said Wednesday. &quot;To be the best, you need the best recovery. That&#39;s why I choose Therabody.&quot;

<h3>Plus Products Names New CFO</h3>

Cannabis company Plus Products Inc. (CSE:<a class="ticker" href="https://www.benzinga.com/stock/PLUS#CSE">PLUS</a>) (OTCQX:<a class="ticker" href="https://www.benzinga.com/stock/PLPRF#OTCQX">PLPRF</a>) recently revealed that Nathan Pearson is stepping down as chief financial officer.

Tessa O&rsquo;Dowd, who has served as controller for the San Mateo, California-based company, agreed to replace Pearson as the new CFO.

&ldquo;Ms. O&rsquo;Dowd has been with the Company since before the IPO, and I trust her immensely with the responsibility of her new position,&rdquo; Jake Heimark, co-founder and CEO of Plus Products, disclosed.

<h3>Copperstate Farms Names Kevin Burdette Interim COO</h3>

Vertically integrated cannabis company&nbsp;Copperstate Farms Management, LLC said Thursday that Kevin Burdette agreed to serve as interim chief operating officer.

The Phoenix-based company confirmed that Burdette will continue to serve on the company&rsquo;s board of directors as well.

Burdette has over 25 years of experience in ground transportation and logistics and a strong track record of driving successful results in hyper-growth industries.

Prior to this, Burdette served as vice president at Swift Aviation Group.

Scott Barker, co-founder and managing director of Copperstate Farms, is thrilled to welcome Burdette.

&ldquo;His strong track record, strategic vision, and commitment to our goals will add continued value to Copperstate Farms,&rdquo; Barker added.

Photo by <a href="https://unsplash.com/@daconja?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText">David Gabrić</a> on <a href="https://unsplash.com/s/photos/cannabis?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText">Unsplash</a>

Entrepreneurship

Cannabis Movers & Shakers: MariMed, Ascend, New Leaf Ventures, Grown Rogue, Organigram, Therabody, Plus Products, Copperstate Farms

<h3>Charlotte&#39;s Web Taps Former Canopy Growth&#39;s CFO To Board Of Directors</h3>

Hemp CBD extracts producer Charlotte&#39;s Web Holdings, Inc. (TSX:<a class="ticker" href="https://www.benzinga.com/stock/CWEB#TSX">CWEB</a>) (OTCQX:<a class="ticker" href="https://www.benzinga.com/stock/CWBHF#OTCQX">CWBHF</a>) has opted for another management change just days following the <a href="https://www.benzinga.com/markets/cannabis/21/06/21629101/cannabis-movers-shakers-fyllo-shelter-cannabis-khiron-amfil-technologies-creo-willow-industries-">appointment</a> of Wessel Booysen as CFO.

The Denver-based company said Monday it has tapped Tim Saunders to serve on the board of directors.

Saunders was CFO of Canopy Growth Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGC#NASDAQ">CGC</a>), who led the company&#39;s public up-listing to the Toronto Stock Exchange and subsequently to the New York Stock Exchange.

Prior to joining Canopy, he held several financial executive&nbsp;and leadership roles across several industries, including mobile, telecom, semiconductors, manufacturing and cleantech.

In addition, Saunders agreed to serve on the corporate governance and audit committees.

&quot;As a former finance executive for large international publicly listed companies on exchanges in both Canada and the U.S., Tim will further strengthen the board&#39;s governance and oversight of expanding international operations and financial reporting requirements,&quot; John Held, chairman of Charlotte&#39;s Web, said.

<h3>Sundial To Elect Directors</h3>

Sundial Growers Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNDL#NASDAQ">SNDL</a>) announced Monday that its annual general meeting of shareholders will be held on July 7 in a virtual-only format.

The current nominees up for election to the board of directors include existing board members Greg Mills, Zach George, Gregory Turnbull&nbsp;and Bryan Pinney. Dr. Elizabeth Cannon will not stand for re-election as a member of the board.

In addition, the board announced the nomination of Lori Ell, who brings more than 25 years of broad-based executive experience, most recently serving as president of Growing Ideas.

&quot;We are excited to nominate Lori as a new director for Sundial&#39;s Board,&quot; Greg Mills, board chair,&nbsp;said. &quot;Lori complements our board&#39;s skills and experiences, and we are confident she will provide valuable perspectives as we continue to execute our strategy and enhance long-term value for Sundial shareholders.&quot;

<h3>Aleafia Health Appoints Matt Sale To Serve As New CFO</h3>

Aleafia Health Inc. (TSX:<a class="ticker" href="https://www.benzinga.com/stock/AH#TSX">AH</a>) OTCQX: ALEAF) said Monday it has named Matt Sale its new chief financial officer.

Sale is a seasoned finance expert who held senior leadership roles for more than 15 years. He holds a BA in&nbsp;Commerce from the University of Toronto and earned an MBA&nbsp;from the Rotman School of Management at the University of Toronto. He is also a Chartered Professional Accountant.

&ldquo;We are delighted to have Matt join Aleafia Health as we continue to rapidly scale our cannabis wellness ecosystem and capture market share in adult-use, medical and international cannabis markets,&rdquo; said Geoffrey Benic, CEO of Aleafia Health.

<h3>Steve Lightman Becomes Special Advisor To Grown Rogue&rsquo;s CEO</h3>

Cannabis company Grown Rogue International Inc. (CSE:<a class="ticker" href="https://www.benzinga.com/stock/GRIN#CSE">GRIN</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GRUSF#OTC">GRUSF</a>) announced&nbsp;that Steve Lightman transitioned to special advisor to the CEO Obie Strickler after resigning as an independent director.

In his new role, Lightman will assist Strickler in driving strategy across the business as the Medford, Oregon-based company continues its growth.

&ldquo;Steve has been an invaluable advisor to me and already is making a tremendous impact on our business. I am excited to continue my relationship with Steve as he transitions to a special advisor&rdquo;, Strickler said Friday. &ldquo;Steve remains a large shareholder in the Company and is looking forward to assisting me as we continue building an industry-leading cannabis company.&rdquo;

<h3>Simplifya Welcomes Jeff Katz To Board Of Directors</h3>

Mercury Payment Solutions Founder Jeff Katz will&nbsp;join Simplifya&#39;s management, the Denver-based company disclosed Thursday.

Simplifya is a software firm helping cannabis businesses become legally compliant. Katz joined the company&#39;s board of directors following the participation in its $6 million Series B funding round led by Blue Zone Wealth Advisors.

&quot;Simplifya&#39;s established reputation as a trusted compliance partner serves as a reinforcement that our partners can confidently trust in our ability to compliantly serve their payment processing needs,&quot; said Marion Mariathasan, Simplifya&#39;s co-founder and CEO.

Photo by <a href="https://unsplash.com/@daconja?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText">David Gabrić</a> on <a href="https://unsplash.com/s/photos/cannabis?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText">Unsplash</a>

Cannabis Movers & Shakers: Charlotte's Web, Sundial, Aleafia Health, Grown Rogue, Simplifya

ACRGF

ACRHF

APHA

CNPOF

CSE:AAWH

CSE:CXXI

CSE:GRIN

CSE:NAB

CSE:NLV

CSE:PLUS

CWBHF

CXXIF

GRUSF

MCOA

MEDIF

MRMD

MSFT

NABIF

NLVVF

PLPRF

SHWZ

SNDL

SPOT

TRSSF

TSX:AH

TSX:APHA

TSX:CWEB

TSX:LABS

TSX:OGI

YCBD

Financing

Press Releases

Grown Rogue International Announces $3.0 Million Private Placement Financing

Grown Rogue Reports Positive Adjusted EBITDA on $6.3M of Pro Forma Revenue for Fiscal Year 2020

Medford, Oregon--(Newsfile Corp. - March 5, 2021) - Grown Rogue International Inc. (CSE:<a class="ticker" href="/stock/GRIN#CSE">GRIN</a>) (OTC:<a class="ticker" href="/stock/GRUSF#OTC">GRUSF</a>) ("Grown Rogue" or the "Company") is pleased to announce that it has completed its previously announced upsized brokered private placement offering through the issuance of an aggregate of 21,056,890 special warrants (each a "Special Warrant") at a price of $0.225 (the "Issue Price") per Special Warrant for aggregate gross proceeds of $4,737,800.25 (the "Offering"). The Offering was led by Eight Capital (the "Agent"), as sole agent and bookrunner.Each Special Warrant entitles the holder thereof to receive, for no additional consideration, one unit of the Company (each, a "Unit") on the exercise or deemed exercise of the Special Warrant. Each Unit is comprised of one common share in the capital of the Company (each, a "Common Share") and one Common Share purchase warrant (each, a "Warrant"). Each Warrant entitles the holder thereof to acquire one Common Share at an exercise price of $0.30 for a period of twenty-four (24) months following the closing date (the "Closing Date") of the Offering, subject to adjustment in certain events set out in the indenture governing the Warrants.The Special Warrants are exercisable by the holders thereof at any time for no additional consideration and all unexercised Special Warrants will be deemed to be exercised, without any further action or payment of additional consideration by the holder thereof, on the date that is the earlier of: (i) the date that is three (3) business days following the date on which the Company obtains a receipt from the applicable securities regulatory authorities (the "Securities Commissions") for a (final) short form prospectus qualifying distribution of the Common Shares and Warrants underlying the Special Warrants (the "Qualifying Prospectus"), and (ii) July 6, 2021.The Company has agreed to use its commercially reasonable efforts to obtain a receipt from the Securities Commissions for the Qualifying Prospectus before the date that is 30 days following the Closing Date (the "Qualification Date"), provided, however, that there is no assurance that a Qualifying Prospectus will be filed or that a receipt therefor will be issued by the Securities Commissions prior to the expiry of the statutory four month hold period. If the Company has not received a receipt from the Securities Commissions for the Qualifying Prospectus on or before April 5, 2021, each unexercised Special Warrant will thereafter entitle the holder to receive upon the exercise or deemed exercise thereof, at no additional consideration, 1.10 Units (instead of one (1) Unit).As consideration for the services rendered by the Agent in connection with the Offering, the Company paid to the Agent a cash commission of $253,745.63 and issued the Agent an aggregate of 1,127,758 broker warrants of the Company (the "Broker Warrants") exercisable to acquire 1,127,758 compensation options (the "Compensation Options"). As consideration for certain advisory services provided in connection with the Offering, the Company paid to the Agent an advisory fee of $25,500 and issued the Agent an aggregate of 113,500 advisory warrants (the "Advisory Warrants") exercisable to acquire 113,500 Compensation Options. Each Compensation Option entitles the holder thereof to purchase one unit of the Company (a "Compensation Unit") at the Issue Price for a period of twenty-four (24) months following the Closing Date, subject to adjustment in certain events. Each Compensation Unit shall be comprised of one Common Share and one common share purchase warrant of the Company (a "Compensation Warrant"). Each Compensation Warrant shall entitle the holder thereof to purchase one common share in the capital of the Company (a "Compensation Warrant Share") at a price of $0.30 at any time before 5:00 p.m. (Toronto time) on the day that is twenty-four (24) months following the Closing Date, subject to adjustment in certain events.The net proceeds from the Offering will be used for working capital and general corporate purposes. Prior to the filing of the Qualifying Prospectus and the deemed exercise of the Special Warrants, the securities issued under the Offering will be subject to a four-month hold period from the date of closing of the Offering in addition to any other restrictions under applicable law.The securities issued and sold pursuant to the Offering have not been, nor will they be, registered under the United States Securities Act and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This news release will not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.About Grown Rogue Grown Rogue International (CSE:<a class="ticker" href="/stock/GRIN#CSE">GRIN</a>) (OTC:<a class="ticker" href="/stock/GRUSF#OTC">GRUSF</a>) is a 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 patented nitro sealed indoor and sungrown pre-rolls and jars.For further information on Grown Rogue International please visit <a href="https://www.newsfilecorp.com/redirect/RQkDhAeZ8">www.grownrogue.com</a> or contact: Obie Strickler President &#38; Chief Executive Officer <a href="mailto:obie@grownrogue.com">obie@grownrogue.com</a>Investor Relations Desk Inquiries <a href="mailto:invest@grownrogue.com">invest@grownrogue.com</a> (458) 226-2100FORWARD-LOOKING STATEMENTS This press release contains statements which constitute "forward&#8208;looking information" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities. Forward&#8208;looking information is often identified by the words "may," "would," "could," "should," "will," "intend," "plan," "anticipate," "believe," "estimate," "expect" or similar expressions and include, without limitation, information regarding: (i) the expecting timing to obtain a receipt for the Qualifying Prospectus; and (ii) the expected use of proceeds of the Offering. Investors are cautioned that forward&#8208;looking information is not based on historical facts but instead reflect the Company's management's expectations, estimates or projections concerning the business of the Company's future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward&#8208;looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the combined company. Among the key factors that could cause actual results to differ materially from those projected in the forward&#8208;looking information are the following: changes in general economic, business and political conditions, including changes in the financial markets; and in particular in the ability of the Company to raise debt and equity capital in the amounts and at the costs that it expects; adverse changes in the public perception of cannabis; decreases in the prevailing prices for cannabis and cannabis products in the markets that the Company operates in; adverse changes in applicable laws; or adverse changes in the application or enforcement of current laws; compliance with extensive government regulation and related costs, and other risks described in the Company's public disclosure documents filed on <a href="https://www.newsfilecorp.com/redirect/WL3juBk0K">www.sedar.com</a>. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward&#8208;looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward&#8208;looking information except as otherwise required by applicable law.SAFE HARBOR STATEMENT This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Also, forward-looking statements represent our management's beliefs and assumptions only as of the date hereof. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the Company's Form 20-F and 6-K filings with the Securities and Exchange Commission. The Company is indirectly involved in the manufacture, possession, use, sale and distribution of cannabis in the recreational cannabis marketplace in the United States through its indirect operating subsidiaries. Local state laws where its subsidiaries operate permit such activities however, these activities are currently illegal under United States federal law. Additional information regarding this and other risks and uncertainties relating to the Company's business are disclosed in the Company's Listing Statement filed on its issuer profile on SEDAR at <a href="https://www.newsfilecorp.com/redirect/qregUQ0Pk">www.sedar.com</a>. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. THIS NEWS RELESAE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.<img src="https://orders.newsfilecorp.com/files/6669/76228_321a5346a41aeae4_logo.jpg" id="corporateNewsLogo" alt="Corporate Logo" />To view the source version of this press release, please visit <a href="https://www.newsfilecorp.com/redirect/nNegI7YQR">https://www.newsfilecorp.com/release/76228</a><img src="https://www.newsfilecorp.com/newsinfo/76228/197" alt="" />

Grown Rogue International Announces Closing of Upsized Private Placement of Special Warrants for Gross Proceeds of $4.7 Million

Medford, Oregon--(Newsfile Corp. - March 11, 2021) - Grown Rogue International Inc. (CSE:<a class="ticker" href="/stock/GRIN#CSE">GRIN</a>) (OTC:<a class="ticker" href="/stock/GRUSF#OTC">GRUSF</a>) ("Grown Rogue" or the "Company") is pleased to announce that it has completed its previously announced upsized brokered private placement offering through the issuance of an aggregate of 21,056,890 special warrants (each a "Special Warrant") at a price of $0.225 (the "Issue Price") per Special Warrant for aggregate gross proceeds of $4,737,800.25 (the "Offering"). The Offering was led by Eight Capital (the "Agent"), as sole agent and bookrunner.Each Special Warrant entitles the holder thereof to receive, for no additional consideration, one unit of the Company (each, a "Unit") on the exercise or deemed exercise of the Special Warrant. Each Unit is comprised of one common share in the capital of the Company (each, a "Common Share") and one Common Share purchase warrant (each, a "Warrant"). Each Warrant entitles the holder thereof to acquire one Common Share at an exercise price of $0.30 for a period of twenty-four (24) months following the closing date (the "Closing Date") of the Offering, subject to adjustment in certain events set out in the indenture governing the Warrants.The Special Warrants are exercisable by the holders thereof at any time for no additional consideration and all unexercised Special Warrants will be deemed to be exercised, without any further action or payment of additional consideration by the holder thereof, on the date that is the earlier of: (i) the date that is three (3) business days following the date on which the Company obtains a receipt from the applicable securities regulatory authorities (the "Securities Commissions") for a (final) short form prospectus qualifying distribution of the Common Shares and Warrants underlying the Special Warrants (the "Qualifying Prospectus"), and (ii) July 6, 2021.The Company has agreed to use its commercially reasonable efforts to obtain a receipt from the Securities Commissions for the Qualifying Prospectus before the date that is 30 days following the Closing Date (the "Qualification Date"), provided, however, that there is no assurance that a Qualifying Prospectus will be filed or that a receipt therefor will be issued by the Securities Commissions prior to the expiry of the statutory four month hold period. If the Company has not received a receipt from the Securities Commissions for the Qualifying Prospectus on or before April 5, 2021, each unexercised Special Warrant will thereafter entitle the holder to receive upon the exercise or deemed exercise thereof, at no additional consideration, 1.10 Units (instead of one (1) Unit).As consideration for the services rendered by the Agent in connection with the Offering, the Company paid to the Agent a cash commission of $253,745.63 and issued the Agent an aggregate of 1,127,758 broker warrants of the Company (the "Broker Warrants") exercisable to acquire 1,127,758 compensation options (the "Compensation Options"). As consideration for certain advisory services provided in connection with the Offering, the Company paid to the Agent an advisory fee of $25,500 and issued the Agent an aggregate of 113,500 advisory warrants (the "Advisory Warrants") exercisable to acquire 113,500 Compensation Options. Each Compensation Option entitles the holder thereof to purchase one unit of the Company (a "Compensation Unit") at the Issue Price for a period of twenty-four (24) months following the Closing Date, subject to adjustment in certain events. Each Compensation Unit shall be comprised of one Common Share and one common share purchase warrant of the Company (a "Compensation Warrant"). Each Compensation Warrant shall entitle the holder thereof to purchase one common share in the capital of the Company (a "Compensation Warrant Share") at a price of $0.30 at any time before 5:00 p.m. (Toronto time) on the day that is twenty-four (24) months following the Closing Date, subject to adjustment in certain events.The net proceeds from the Offering will be used for working capital and general corporate purposes. Prior to the filing of the Qualifying Prospectus and the deemed exercise of the Special Warrants, the securities issued under the Offering will be subject to a four-month hold period from the date of closing of the Offering in addition to any other restrictions under applicable law.The securities issued and sold pursuant to the Offering have not been, nor will they be, registered under the United States Securities Act and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This news release will not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.About Grown Rogue Grown Rogue International (CSE:<a class="ticker" href="/stock/GRIN#CSE">GRIN</a>) (OTC:<a class="ticker" href="/stock/GRUSF#OTC">GRUSF</a>) is a 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 patented nitro sealed indoor and sungrown pre-rolls and jars.For further information on Grown Rogue International please visit <a href="https://www.newsfilecorp.com/redirect/RQkDhAeZ8">www.grownrogue.com</a> or contact: Obie Strickler President &#38; Chief Executive Officer <a href="mailto:obie@grownrogue.com">obie@grownrogue.com</a>Investor Relations Desk Inquiries <a href="mailto:invest@grownrogue.com">invest@grownrogue.com</a> (458) 226-2100FORWARD-LOOKING STATEMENTS This press release contains statements which constitute "forward&#8208;looking information" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities. Forward&#8208;looking information is often identified by the words "may," "would," "could," "should," "will," "intend," "plan," "anticipate," "believe," "estimate," "expect" or similar expressions and include, without limitation, information regarding: (i) the expecting timing to obtain a receipt for the Qualifying Prospectus; and (ii) the expected use of proceeds of the Offering. Investors are cautioned that forward&#8208;looking information is not based on historical facts but instead reflect the Company's management's expectations, estimates or projections concerning the business of the Company's future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward&#8208;looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the combined company. Among the key factors that could cause actual results to differ materially from those projected in the forward&#8208;looking information are the following: changes in general economic, business and political conditions, including changes in the financial markets; and in particular in the ability of the Company to raise debt and equity capital in the amounts and at the costs that it expects; adverse changes in the public perception of cannabis; decreases in the prevailing prices for cannabis and cannabis products in the markets that the Company operates in; adverse changes in applicable laws; or adverse changes in the application or enforcement of current laws; compliance with extensive government regulation and related costs, and other risks described in the Company's public disclosure documents filed on <a href="https://www.newsfilecorp.com/redirect/WL3juBk0K">www.sedar.com</a>. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward&#8208;looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward&#8208;looking information except as otherwise required by applicable law.SAFE HARBOR STATEMENT This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Also, forward-looking statements represent our management's beliefs and assumptions only as of the date hereof. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the Company's Form 20-F and 6-K filings with the Securities and Exchange Commission. The Company is indirectly involved in the manufacture, possession, use, sale and distribution of cannabis in the recreational cannabis marketplace in the United States through its indirect operating subsidiaries. Local state laws where its subsidiaries operate permit such activities however, these activities are currently illegal under United States federal law. Additional information regarding this and other risks and uncertainties relating to the Company's business are disclosed in the Company's Listing Statement filed on its issuer profile on SEDAR at <a href="https://www.newsfilecorp.com/redirect/qregUQ0Pk">www.sedar.com</a>. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. THIS NEWS RELESAE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.<img src="https://orders.newsfilecorp.com/files/6669/76228_321a5346a41aeae4_logo.jpg" id="corporateNewsLogo" alt="Corporate Logo" />To view the source version of this press release, please visit <a href="https://www.newsfilecorp.com/redirect/nNegI7YQR">https://www.newsfilecorp.com/release/76228</a><img src="https://www.newsfilecorp.com/newsinfo/76816/197" alt="" />

RETRANSMISSION: Grown Rogue International Announces Closing of Upsized Private Placement of Special Warrants for Gross Proceeds of $4.7 Million

Medford, Oregon--(Newsfile Corp. - April 30, 2021) - &#160;Grown Rogue International Inc. (CSE:<a class="ticker" href="https://www.benzinga.com/stock/GRIN#CSE">GRIN</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GRUSF#OTC">GRUSF</a>) ("Grown Rogue" or the "Company") is pleased to announce that further to its press release of March 5, 2021, the Company has received a receipt (the "Final Receipt") for its final short form prospectus dated April 23, 2021 (the "Prospectus"). The Prospectus qualifies the distribution of an aggregate of 23,162,579 units of the Company (each a "Unit"), which are issuable for no additional consideration upon the deemed exercise of 21,056,890 special warrants (each a "Special Warrant") which were sold pursuant to a brokered private placement offering completed by the Company on March 5, 2021 (the "Offering"). The Special Warrants were sold at a price of $0.225 per Special Warrant for aggregate gross proceeds of $4,737,800.25. The Offering was led by Eight Capital (the "Agent"), as sole agent and bookrunner.Pursuant to a special warrant indenture dated March 5, 2021 between the Company and Capital Transfer Agency ULC, as special warrant agent, the Special Warrants were automatically exercised into Units, without payment of any additional consideration, effective today, being the third business day after the date on which the Final Receipt was received by the Company. Each Unit is comprised of one common share in the capital of the Company (each, a "Common Share") and one Common Share purchase warrant (each, a "Warrant"). Each Warrant entitles the holder thereof to acquire one Common Share at an exercise price of $0.30 for a period of twenty-four (24) months following the closing date (the "Closing Date") of the Offering, subject to adjustment in certain events set out in the indenture governing the Warrants entered into among the Company and Capital Transfer Agency ULC, as warrant agent, on March 5, 2021.For more information on the Offering, please refer to the Prospectus, as well as the Company's press release dated March 5, 2021, available on the Company's profile on SEDAR at <a href="https://www.newsfilecorp.com/redirect/P5G7FOvpn">www.sedar.com</a>. The securities issued and sold pursuant to the Offering have not been, nor will they be, registered under the United States Securities Act and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This news release will not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.About Grown Rogue Grown Rogue International (CSE:<a class="ticker" href="https://www.benzinga.com/stock/GRIN#CSE">GRIN</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GRUSF#OTC">GRUSF</a>) is a 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 sun grown and indoor premium flower, along with patented nitro sealed indoor and sun grown pre-rolls and jars.For further information on Grown Rogue International please visit <a href="https://www.newsfilecorp.com/redirect/wmgKHbzVq">www.grownrogue.com</a> or contact: Obie Strickler President &#38; Chief Executive Officer <a href="mailto:obie@grownrogue.com">obie@grownrogue.com</a> Investor Relations Desk Inquiries <a href="mailto:invest@grownrogue.com">invest@grownrogue.com</a> (458) 226-2100FORWARD LOOKING STATEMENTS This press release contains statements which constitute "forward&#8208;looking information" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities. Forward&#8208; looking information is often identified by the words "may," "would," "could," "should," "will," "intend," "plan," "anticipate," "believe," "estimate," "expect" or similar expressions and include, without limitation, information regarding the expected use of proceeds of the Offering. Investors are cautioned that forward&#8208; looking information is not based on historical facts but instead reflect the Company's management's expectations, estimates or projections concerning the business of the Company's future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward&#8208;looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the combined company. Among the key factors that could cause actual results to differ materially from those projected in the forward&#8208;looking information are the following: changes in general economic, business and political conditions, including changes in the financial markets; and in particular in the ability of the Company to raise debt and equity capital in the amounts and at the costs that it expects; adverse changes in the public perception of cannabis; decreases in the prevailing prices for cannabis and cannabis products in the markets that the Company operates in; adverse changes in applicable laws; or adverse changes in the application or enforcement of current laws; compliance with extensive government regulation and related costs, and other risks described in the Company's public disclosure documents filed on <a href="https://www.newsfilecorp.com/redirect/gZz0uMrAR">www.sedar.com</a>. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward&#8208;looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward&#8208;looking information except as otherwise required by applicable law.SAFE HARBOR STATEMENT This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward looking statements. Also, forward-looking statements represent our management's beliefs and assumptions only as of the date hereof. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the Company's Form 20-F and 6-K filings with the Securities and Exchange Commission. The Company is indirectly involved in the manufacture, possession, use, sale and distribution of cannabis in the recreational cannabis marketplace in the United States through its indirect operating subsidiaries. Local state laws where its subsidiaries operate permit such activities however, these activities are currently illegal under United States federal law. Additional information regarding this and other risks and uncertainties relating to the Company's business are disclosed in the Company's Listing Statement filed on its issuer profile on SEDAR at <a href="https://www.newsfilecorp.com/redirect/pzBKTw1nm">www.sedar.com</a>. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. To view the source version of this press release, please visit <a href="https://www.newsfilecorp.com/redirect/Y0PRfpw47">https://www.newsfilecorp.com/release/82558</a><img src="https://www.newsfilecorp.com/newsinfo/82558/197" alt="" />

Recent Quotes

Related Companies

Grown Rogue International Frequently Asked Questions

How do I buy Grown Rogue International (GRUSF) stock?

Who are Grown Rogue International's (GRUSF) competitors?

What is the target price for Grown Rogue International (GRUSF) stock?

Current Stock Price for Grown Rogue International (GRUSF)?

Does Grown Rogue International (GRUSF) pay a dividend?

When is Grown Rogue International (OTC:GRUSF) reporting earnings?

Is Grown Rogue International (GRUSF) going to split?

What sector and industry does Grown Rogue International (GRUSF) operate in?