Grown Rogue International (TSE:GRIN) has released an update.
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Grown Rogue International Inc., an Oregon-based craft cannabis company, has announced a Share Reorganization approved by shareholders to maintain its foreign private issuer status in the U.S. This strategic move will redesignate common shares as Subordinate Voting Shares and introduce a new class of Multiple Voting Shares, effective June 27, 2024, with an aim to streamline financial reporting and focus on the company’s operational and strategic goals.
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