Off-market insider buying at Grown Rogue International (GRIN)

Off-market insider buying at Grown Rogue International (C:GRIN)

Updated Wednesday Feb 10, 2021 05:17 AM EDT
Adam Michael Barnard August, a Subsidiary Executive, acquired 2,000,000 Common Shares on an indirect ownership basis for registered holder August Family Investments, LLC at a price of $0.160 through a prospectus or prospectus exempt offering on February 5th, 2021. The insider also acquired 2,000,000 Warrants with an exercise price of $0.200 for two years. This represents a $320,000 investment into the company's shares and an account share holdings change of greater than 100%.

In addition, J. Obie Strickler, a Senior Officer, Director and 10% Holder, acquired 1,600,000 Common Shares and 1,600,000 Warrants on a direct ownership basis. This represents a $256,000 investment into the company's shares and an account share holdings change of 5.4%.

Grown Rogue International is in the Pharmaceuticals Sub Industry Group under the Healthcare Sector.

Grown Rogue International Inc, formerly Novicius Corp, is a Canada-based company engaged in the alternative medicine sector. The Company is a vertically-integrated cannabis brand that produces and distributes cannabis products. Grown Rogue International Inc specializes in seed-to-experience products through its indoor and outdoor facilities of more than 80,000 square feet, based in Rogue Valley of Southern Oregon, the United States. The Company's brand offers: Flower, which comes in bags of different sizes together with matchboxes and rolling papers; Pre-rolls, which are nitrogen sealed; Cartridges, as well as Extracts including shatter, wax, oil and sugar that feature concentrated amounts of compounds like tetrahydrocannabinol (THC) and select terpenes.


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