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Grown Rogue International Inc. announced that it will release its second quarter 2026 financial results after the market closes on August 4, 2026, and will host a conference call that day at 5:00 p.m. Eastern Time to discuss the results and provide a corporate update.
The board approved new equity awards under the company’s equity incentive plan, consisting of 400,000 stock options and 2,490,000 restricted stock units for certain directors, officers and employees. The options are exercisable at C$0.60 per subordinate voting share until July 21, 2030, and vest in equal instalments on June 30, 2027 and June 30, 2028. The RSUs vest through January 1, 2029 in accordance with the plan and related award agreements.
Grown Rogue International Inc. Chief Financial Officer Andrew Marchington reported an open-market sale of 1,400 Subordinate Voting Shares of the company on April 22, 2026 at $0.43 per share. Following this transaction, he directly holds 151,725 Subordinate Voting Shares.
Grown Rogue International Inc. director Stephen Gledhill filed an initial ownership report showing stock options to acquire subordinate voting shares. The filing lists stock options with an exercise price of $0.6000 per share for an underlying 170,000 subordinate voting shares, expiring on August 31, 2027. According to the footnote, 113,333 of these options are currently vested, while the remaining 56,667 are scheduled to vest on December 31, 2026.
Grown Rogue International Inc. director Sean Conacher has filed an initial Form 3 showing his equity stake in the company. He directly holds 485,000 Subordinate Voting Shares. He also holds several stock option grants, including options over 170,000 shares at an exercise price of $0.60 per share and additional options over Subordinate Voting Shares at $0.11 per share, with expirations in 2027. Footnotes indicate one option grant is fully vested, while another 170,000-share grant vests in tranches, with 113,333 options already vested and 56,667 scheduled to vest on December 31, 2026.
Grown Rogue International Inc. director Kee Ryan filed an initial ownership report showing existing equity interests in the company. Ryan holds 1,112,500 Subordinate Voting Shares directly, plus equity awards that can convert into additional shares over time.
The filing lists 93,750 Restricted Stock Units (RSUs), each representing a contingent right to receive one Subordinate Voting Share, with all RSUs fully vested and not subject to expiration. It also shows 170,000 stock options with a $0.60 exercise price, granted on August 31, 2024, of which 113,333 are vested and 56,667 are scheduled to vest on December 31, 2026.
Grown Rogue International Inc. filed a Form 3 showing that Chief Financial Officer Andrew Marchington initially reports beneficial ownership of 153,125 Subordinate Voting Shares, held directly. He also reports three blocks of directly held stock options, each covering 500,000 Subordinate Voting Shares at exercise prices of $0.67, $0.60, and $0.28, with expirations between 2027 and 2028. Footnotes explain that one option grant is fully vested, while the others vest over time through December 31, 2027, indicating a multi‑year equity compensation structure tied to his role.
Grown Rogue International Inc. reported that its Illinois partner, SEA Craft LLC, received State of Illinois approval on June 5, 2026 to restart cultivation at the Dwight, Illinois facility and has begun operations there.
SEA Craft plans to launch with four flower rooms totaling up to 5,000 square feet of flowering canopy, with first harvest expected in September and initial product sales anticipated in Q4 2026. The partner is also pursuing activation of on-site manufacturing and extraction space, subject to regulatory approvals, and expects to add roughly 60 to 70 local positions over the next six to nine months. Longer term, SEA Craft may seek to expand flowering canopy to 10,000 and potentially 14,000 square feet, depending on approvals, legislation and market demand.
Grown Rogue International Inc. Chief Executive Officer Jesse Strickler filed an initial ownership report showing significant equity in the company. He directly holds 34,852,916 Subordinate Voting Shares and has additional exposure through Restricted Stock Units and stock options. The RSUs each represent a right to receive one Subordinate Voting Share and do not expire, while several option grants, some already vested and others vesting by December 31, 2026, provide further potential share ownership at exercise prices of $0.11 and $0.60 per share, with expirations between 2027 and 2029.
Grown Rogue International Inc. reports that Jesse Strickler beneficially owns 37,926,249 subordinate voting shares, representing 15.0% of that class. The filing states Mr. Strickler has sole voting power over 37,226,249 shares and shared voting power over 700,000 shares; the same split applies to dispositive power. The filing identifies the security class as Subordinate Voting Shares (CUSIP 39986R106) and is signed by Jesse Strickler on 06/08/2026.
Grown Rogue International Inc. reported strong top-line growth but a GAAP loss for the first quarter of 2026. Revenue rose to $9.2 million, up 28% from Q1 2025, driven by continued strength in New Jersey, where revenue grew 93% to $3.4 million. Oregon revenue increased about 4% and Michigan grew about 10%, aided by a new wholesale excise tax pass-through.
Gross profit was $4.0 million with a 43.2% gross margin, down from 47.0% a year earlier amid pricing pressure. The company posted a GAAP net loss of $2.2 million versus net income of $0.7 million in Q1 2025, largely influenced by non‑cash fair value movements on warrant and derivative positions.
Profitability on a non‑GAAP basis improved. Adjusted EBITDA increased to $1.6 million, up 32% year-over-year, with a 17.1% margin. Cash and cash equivalents grew to $13.7 million as of March 31, 2026, from $9.8 million a year earlier. Management reiterated its multi‑year growth framework, highlighted expansion projects in New Jersey, Illinois, and Minnesota, and expects consolidated gross margins above 40% in 2026 and above 42% in 2027, excluding specified startup costs.