Grown Rogue’s New Jersey Affiliate Marks First Year with Expansion Plans

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

Grown Rogue International’s New Jersey affiliate, ABCO Garden State, celebrates its first year of sales, achieving significant production and sales milestones. The company has seen increased demand for its Yeti value brand and is currently expanding its production capacity with Phase 2 construction, aiming to deepen its presence in the New Jersey market while maintaining a disciplined approach to capital deployment.

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 score is driven by strong revenue growth and strategic expansions, tempered by profitability challenges and high leverage. Technical indicators suggest bearish momentum, while valuation is reasonable. Positive earnings call sentiment and strategic corporate events provide a growth outlook, but financial stability remains a concern.

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 deep cannabis heritage. The company specializes in producing designer-quality indoor flower with operations in Oregon, Michigan, and New Jersey, and is expanding into Illinois. Grown Rogue is recognized for its consistency and care in cultivation, blending craft values with disciplined execution to thrive in competitive markets.

YTD Price Performance: -45.83%

Average Trading Volume: 75,186

Technical Sentiment Signal: Hold

Current Market Cap: C$129.8M

For an in-depth examination of GRIN stock, go to TipRanks’ Overview page.