Grown Rogue

Grown Rogue International Inc. (CSE: GRIN) is a vertically integrated, multi-state cannabis company that operates with a focus on producing high-quality craft cannabis at a low cost. The company's origins trace back over 15 years to the Oregon Medical Marijuana Program, where founders Obie and Sarah Strickler began cultivating medicinal cannabis. Their journey started on a south-facing mountain slope in the Rogue Valley, utilizing gravity-fed spring water to grow their first plants. This initial focus on alternative health and safe medicine laid the groundwork for the company's expansion.

The founders' backgrounds contributed to the company's disciplined approach. Obie Strickler earned a degree in geology from Southern Oregon University and managed natural resource projects, including environmental cleanup and mining compliance, before formally establishing Grown Rogue. Sarah Strickler, who also attended SOU and met Obie there, has a background in journalism and massage therapy. The husband-and-wife team transitioned from the medical market to the recreational market following its legalization in Oregon, officially launching Grown Rogue to serve a broader community. Initially, the company explored various facets of the cannabis industry, including distribution and multiple product categories, but later strategically refocused its efforts primarily on cultivation to leverage its core passion and expertise.

Grown Rogue's business model centers on a "seed to experience" philosophy, aiming to provide consumers with a consistent and targeted experience. The company operates cultivation facilities in its home state of Oregon and has expanded into other competitive markets, including Michigan and, more recently, New Jersey. Its revenue is generated through the sale of its cannabis products to dispensaries. The company has demonstrated strong performance in its core markets, becoming the #1 flower brand in Oregon for ten consecutive quarters, according to LeafLink data. Grown Rogue is publicly traded on the Canadian Securities Exchange.

The product suite includes premium flower, pre-rolls, and extracts. A key product feature is their patent-pending, nitrogen-sealed jars and pre-rolls, designed to preserve freshness and quality. The company has received accolades for its cultivation, winning first place for Highest Percentage THC and Highest Percentage Terpenes at the Grow Classic in Oregon. Grown Rogue has also achieved notable potency results, with one outdoor-grown strain testing at over 35% THC. The company continues to expand its production capabilities, with a stated goal of entering one to two new states each year through the development of efficient, 50,000-square-foot cultivation facilities.

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