Grown Rogue International (TSE:GRIN) has released an update.
Grown Rogue International Inc. has provided a secured loan of up to $3 million to ABCO Garden State, LLC to support the completion of their cannabis cultivation facility’s construction and operational costs. With a significant ownership stake and an option to increase it, Grown Rogue is investing in ABCO’s potential to produce over 1,000 pounds of cannabis flower monthly after the projected sales launch in New Jersey’s growing market.
For further insights into TSE:GRIN stock, check out TipRanks’ Stock Analysis page.
