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Grown Rogue Hits Record Revenue Amid Expansion

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Grown Rogue Hits Record Revenue Amid Expansion

Grown Rogue International (TSE:GRIN) has released an update.

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Grown Rogue International Inc. reported a record revenue of $7.7 million in Q2 2024, a 23% increase from the previous year, despite a decrease in operating cash flow due to strategic investments in New Jersey and Michigan. The company also achieved progress in its expansion efforts, securing licensing approval in New Jersey, increasing its Michigan operations ownership to 80%, and reducing its debt.

For further insights into TSE:GRIN stock, check out TipRanks’ Stock Analysis page.

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