Grown Rogue International Inc. (CSE: GRIN, OTCQB: NVSIF, Forum) announced this week that it had achieved a cash cost to produce its award-winning, high quality, indoor dried flower for $0.81 (USD) per gram (USD$368/lb) at its Medford, OR facility, along with a continuing decrease in inventory turn times from 15 days in January 2020 to 7 days in April. The Company also noted rising flower prices and increased sales in the Oregon market.
For more details on this news, click
here.
A vertically-integrated, multi-state cannabis Company, GRIN made news recently when it completed
$250,000 (USD) of initial improvements at Golden Harvests LLC’s facility that increased flowering capacity by nearly 30% and increased product quality in Michigan. The improvements came less than three months after the Company’s majority owned subsidiary GR Michigan, LLC entered into an agreement to acquire a 60% controlling interest in Golden Harvests pending Municipal and State regulatory approval.
FULL DISCLOSURE: Grown Rogue is a client of Stockhouse Publishing.