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Grown Rogue International Inc. (C:GRIN)

Business Focus: Alternative Medicine

Sector:  Healthcare Industry:  Pharmaceuticals
 
Company Contact
Address: 550 Airport Road
TORONTO ON 97504
Tel: N/A
Website: https://www.grownrogue.com
IR: See website
Key People
J. Obie Strickler
President, Chief Executive Officer, Director
Ryan Kee
Chief Financial Officer, Corporate Secretary, Director
Adam August
Senior Vice President Grown Rogue Unlimited LLC
Business Overview
Grown Rogue International Inc. is a Canada-based craft cannabis company focused on providing customers with flower and flower-derived products. The Company's geographical segments include Oregon, Michigan and Services. The Company, through its subsidiary, Grown Rogue Gardens, LLC, operates four cultivation facilities in Oregon, comprising approximately 90,000 square feet of cultivation area, that service the Oregon recreational marijuana market: two outdoor, sungrown farms called Foothill and Ross Lane, and two indoor facilities called Rossanley and Airport. Its subsidiary, Canopy Management, LLC, operates a Golden Harvests facility that produces indoor flower through controlled environment agriculture (CEA), with 14 individual flowering rooms in operation. The Company provides consulting services in various operating markets, including Maryland and Minnesota. It produces a range of cultivars for consumers, which are traditionally classified as indicas, sativas and hybrids.
Financial Overview
For the fiscal year ended 31 October 2023, Grown Rogue International Inc revenues increased 32% to $23.4M. Net loss totaled $533K vs. income of $447K. Revenues reflect Michigan segment increase of 28% to $11.4M, Oregon segment increase of 24% to $11M. Net loss reflects Unrealized loss on derivative liability increase from $0K to $4.6M (expense), Accretion expense increase from $492K to $1M (expense).
Employees: 1 as of Aug 31, 2015
Reporting Currency: U.S. Dollars
Enterprise value: $188.65M as of Oct 31, 2023
Annual revenue (TTM): $32.15M as of Oct 31, 2023
EBITDA (TTM): $7.26M as of Oct 31, 2023
Net annual income (TTM): -$0.73M as of Oct 31, 2023
Free cash flow (TTM): $5.88M as of Oct 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 208,250,743 as of Apr 9, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization