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The latest update is out from Grown Rogue International ( (TSE:GRIN) ).
Grown Rogue International has expanded its presence in New Jersey through its investment in ABCO Garden State and Nile of NJ. The company has started selling its products in over 35% of New Jersey dispensaries and is experiencing strong customer reception, which reflects positively on its market strategy. Additionally, Nile, an affiliated dispensary in West New York, New Jersey, has commenced operations, positioning Grown Rogue to introduce its craft-quality cannabis to the northern New Jersey and Tri-State area. This expansion highlights Grown Rogue’s commitment to capital-efficient growth and its strategic positioning in a competitive market.
More about Grown Rogue International
Grown Rogue International Inc. is a craft cannabis company operating in Oregon, Michigan, New Jersey, and Illinois. The company focuses on providing premium flower and flower-derived products at fair prices, with a strategy emphasizing profitability and return on capital through disciplined growth and expansion into new markets.
YTD Price Performance: -8.53%
Average Trading Volume: 169,394
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $140.9M
Learn more about GRIN stock on TipRanks’ Stock Analysis page.
