tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Grown Rogue Expands Credit Facility by $5M to Boost Growth

Story Highlights
Grown Rogue Expands Credit Facility by $5M to Boost Growth

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from Grown Rogue International ( (TSE:GRIN) ).

On September 15, 2025, Grown Rogue International Inc. announced the expansion of its senior secured credit facility by US$5 million, bringing the total to US$12 million. This funding, secured from a national FDIC-insured bank, will support growth initiatives, including the expansion of its New Jersey affiliate and the development of its Illinois cultivation facility. The move aims to enhance balance sheet flexibility and provide capital for strategic opportunities in a competitive market. CEO Obie Strickler emphasized the favorable debt terms and the company’s strategy to generate returns exceeding the cost of capital, ensuring long-term value for stakeholders.

The most recent analyst rating on (TSE:GRIN) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Grown Rogue International stock, see the TSE:GRIN Stock Forecast page.

Spark’s Take on TSE:GRIN Stock

According to Spark, TipRanks’ AI Analyst, TSE:GRIN is a Neutral.

Grown Rogue International’s overall stock score is driven by strong technical indicators and a reasonable valuation. However, financial performance is hindered by profitability and leverage issues, which weigh down the score.

To see Spark’s full report on TSE:GRIN stock, click here.

More about Grown Rogue International

Grown Rogue International Inc. is a flower-forward cannabis company rooted in Oregon’s Rogue Valley, known for its cannabis heritage and quality. The company specializes in producing designer-quality indoor flower and operates in Oregon, Michigan, and New Jersey, with expansion underway in Illinois.

Average Trading Volume: 93,857

Technical Sentiment Signal: Hold

Current Market Cap: C$162.2M

For a thorough assessment of GRIN stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1