Grown Rogue International (TSE:GRIN) has released an update.
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Grown Rogue International Inc. reports a significant financial upswing in fiscal 2023, with a 32% increase in revenue to $23.4 million and a doubling of operating cash flow to $6.4 million. The cannabis company also highlights its strategic expansion into New Jersey and an advisory agreement aimed at enhancing operations in Minnesota and Maryland. Additionally, the successful closure of three rounds of convertible debentures, raising $8 million, positions Grown Rogue for continued growth.
For further insights into TSE:GRIN stock, check out TipRanks’ Stock Analysis page.