Grown Rogue Purchases Final 30% Share of Illinois Subsidiary for $1.5 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 23 2025
0mins
Source: NASDAQ.COM
Acquisition Details: Grown Rogue International Inc. has acquired the remaining 30% interest in its Illinois subsidiary, Rogue EBC, LLC, for a total of $1.5 million, with structured payments over time.
Strategic Move: CEO Obie Strickler emphasized that this full ownership allows for better control over the Illinois project, aligning with the company's successful operations in other markets like New Jersey, and is pending approval from the Illinois Department of Agriculture.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
