Grown Rogue International Inc. (CSE:GRIN) (OTC:GRUSF) reported its second-quarter 2024 results on Tuesday for the three-month period ended June 30, 2024.
The Oregon-based company said the comparison period for 2023 is the three months ended July 31, 2023, due to the recent fiscal year-end change from Oct. 31 to Dec. 31.
“This was another exciting quarter for Grown Rogue with record revenue and aEBITDA showing the continued execution by our team," said Obie Strickler, CEO of Grown Rogue. "We continue to see strong sell-through, record indoor production in both yield and revenue, continued consumer loyalty with our existing products, and strong consumer response to our new, branded pre-rolls – moderated somewhat by market pricing softness in Oregon and Michigan in the quarter."
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Revenue totaled $7.7 million, representing a 23% increase compared to the three months ended July 31, 2023.
Adjusted EBITDA came in positive at $2.5 million, representing a 21% improvement compared to ...
