Grown Rogue International (TSE:GRIN) has released an update.
Grown Rogue International Inc. has successfully transitioned to a calendar year-end financial reporting cycle, revealing a $3.6M revenue and $0.7M in operating cash flow for the final two months of 2023. Despite the period being traditionally slow, the company experienced a 30% year-over-year revenue increase in its key markets. Following this period, Grown Rogue expanded into New Jersey, entered Illinois with a new license, and bolstered its finances through the conversion of warrants and other securities.
For further insights into TSE:GRIN stock, check out TipRanks’ Stock Analysis page.