GROWTH STOCKS to WATCH Grown Rogue

GROWTH STOCKS to WATCH Grown Rogue
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Grown Rogue Closes Upsized $4.7M Private Placement
MEDFORD, OREGON – March 5, 2021 – Grown Rogue International Inc. ("Grown Rogue" or the "Company") (CSE: GRIN) (OTC: GRUSF) is pleased to announce that it has completed its previously announced upsized brokered private placement offering through the issuance of an aggregate of 21,056,890 special warrants (each a "Special Warrant") at a price of $0.225 (the "Issue Price") per Special Warrant for aggregate gross proceeds of $4,737,800.25 (the "Offering"). The Offering was led by Eight Capital (the "Agent"), as sole agent and bookrunner.
Each Special Warrant entitles the holder thereof to receive, for no additional consideration, one unit of the Company (each, a "Unit") on the exercise or deemed exercise of the Special Warrant. Each Unit is comprised of one common share in the capital of the Company (each, a "Common Share") and one Common Share purchase warrant (each, a "Warrant"). Each Warrant entitles the holder thereof to acquire one Common Share at an exercise price of $0.30 for a period of twenty-four (24) months following the closing date (the "Closing Date") of the Offering, subject to adjustment ..