GROWN RGUE INTL INC SB VT by Grown Rogue International Inc. Financials - Benzinga

GROWN RGUE INTL INC SB VT by Grown Rogue International Inc.

GRUSFOTCQB

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$0.4552

-0.0008-0.18%

At close: Aug 31, 5:00 PM EST

$0.4618

0.00661.45%

After Hours: Aug 27, 4:00 PM EST

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GROWN RGUE INTL INC SB VT by Grown Rogue International Inc. Financials

GROWN RGUE INTL INC SB VT by Grown Rogue International Inc. (GRUSF) financial statements — income, revenue, gross margin and key metrics.

Earnings & Guidance News

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85% of the companies analyzed by Beacon Securities achieved positive adjusted EBITDA for the quarter, an increase from 81% in Q2.

Nicolás Jose Rodriguez

Cannabis Co. Grown Rogue Reports 7% Increase In Q3 Revenue, Focuses On New Jersey And Illinois Expansion

Cannabis company Grown Rogue International Inc. (CSE: GRIN) (OTC: GRUSF) reported on Thursday its third quarter 2024 results for the three months ended Sept. 30, 2024. "This was another exciting quarter for Grown Rogue with solid financial metrics showing the continued execution by our team in competitive markets against a backdrop of modest price compression," Obie Strickler, CEO of Grown Rogue, said. "We continue to see strong indoor production yields of craft-quality flower, retail buyer and consumer loyalty, and great initial reception and sell-through with our branded pre-rolls, including our newest brand Yeti".

Jelena Martinovic

6.7M Options And Major Share Conversions Could Ignite This Under-The-Radar Weed Stock

The company has granted options to purchase an aggregate of 6,755,000 subordinate voting shares at an exercise price of $0.84.

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Grown Rogue Cannabis Reports Record Q2 Revenue And Adjusted EBITDA, NJ And Illinois Major Growth Drivers

Grown Rogue International Inc. (CSE: GRIN) (OTC: GRUSF) reported on Tuesday its second-quarter 2024 results for the three-month period ended June 30, 2024.The Medford, Oregon-based company said the comparison period for 2023 is the three months ended July 31, 2023, due to the recent fiscal year-end change from Oct. 31 to Dec. 31.

Jelena Martinovic

Craft Cannabis Co. Grown Rogue Reports Gross Profit Increase In 2023, CEO Signals Expansion

Grown Rogue International Inc. released its audited 2023 results, displaying a robust 32% revenue growth to $23.4 million and a significant 102% spike in operating cash flow to $6.4 million year-over-year. CEO Obie Strickler attributes these achievements to the company's profitable scalability, cost control measures, and dedication to providing top-notch cannabis products. The financial highlights of 2023 include a gross profit of $12.7 million, increased from $8.1 million, with total expenses rising to $8.4 million. Income from operations rose to $4.2 million from $957,149. Adjusted EBITDA stood at $7.6 million, with free cash flow hitting $2.8 million. Operationally, Grown Rogue expanded its reach into new markets like New Jersey through strategic partnerships and investments, culminating in the closure of $8.0 million in convertible debentures. The company's 2024 outlook involves further operational enhancements, expansion into new markets, and continued market share growth, underscoring its commitment to sustained growth and excellence in the cannabis industry.

Jelena Martinovic