EX-99.1 2 ex991.htm NEWS RELEASE DATED MAY 12, 2026 Exhibit 99.1 Grown Rogue Reports First Quarter 2026 Results Continued Solid New Jersey Performance, Yield Improvements, Product Expansion, and New Market Progress Support Growth Plans & Upwardly Revised Revenue Guidance MEDFORD, Ore., May 12, 2026 /CNW/ - Grown Rogue International Inc. ("Grown Rogue," "we," "us," "our," or the "Company") (CSE: GRIN | OTC: GRUSF), a flower-forward cannabis company combining craft values with disciplined execution, today reported its unaudited financial results for the three months ended March 31, 2026. All currency is in U.S. dollars unless otherwise noted. Results are presented in accordance with U.S. generally accepted accounting principles ("GAAP") and include consolidation of the Company's New Jersey operations, ABCO Garden State, LLC ("ABCO"), within the Company's financial statements. Comparative periods have been recast, where applicable, in accordance with GAAP. Highlights: Revenue of $9.2 million for the first quarter of 2026, compared to $7.2 million in the first quarter of 2025, an increase of approximately 28%, with growth driven largely by material revenue increases in Ne…
Open exhibit ↗Current Report · Items 2.02, 9.01 · 8-K
Grown Rogue International Inc.
Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On May 12, 2026, Grown Rogue International Inc. (the “Company”) issued a press release, announcing, among other things, its unaudited financial results for the quarter ended March 31, 2026, certain operational and quarterly information, and management’s financial guidance and long-term growth objectives.…
Company context
We are a multi-state cannabis company with a focus on cultivating and distributing high-quality cannabis products. Originally established as a Canadian corporation with roots in mining and energy, the company has undergone several transformations, ultimately transitioning into the cannabis industry through a strategic reverse takeover in 2018 (the “Transaction”). Grown Rogue now operates as a seed-to-retail company, with significant cultivation and processing facilities in Oregon, Michigan, and New Jersey, three states that have legalized both medical and recreational marijuana. The company is committed to producing premium cannabis flower and flower-based products, leveraging its strategic location in the renowned Emerald Triangle to offer low-cost, high-quality products to consumers. With an emphasis on best-in-class production methods and a strong market presence, Grown Rogue aims to position itself as a leader in the cannabis industry, particularly in the flower product category, which remains the most popular among consumers.