Grown Rogue International (TSE:GRIN) has released an update.
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Grown Rogue International reported a 7% increase in third-quarter 2024 revenue, reaching $7 million, despite a 24% decrease in operating cash flow due to increased spending and compensation payments. The company has launched phase I operations in New Jersey with plans for significant production and sales expansion. These developments mark a strategic growth phase for the craft cannabis company in competitive markets.
For further insights into TSE:GRIN stock, check out TipRanks’ Stock Analysis page.
