May 13, 2021
Business News

Grown Rogue Files Amended and Restated Q1 Financial Statements and Management Discussion and Analysis

MEDFORD, Ore.–()–Grown Rogue International Inc. (“Grown Rogue” or the “Company”) (CSE:GRIN) (OTC:GRUSF), announces the filing of amended and restated unaudited condensed interim consolidated financial statements (“Refiled Financial Statements”) and Management Discussion and Analysis (“Refiled MD&A“) for the three months ended January 31, 2021 and 2020.

The adjustments caused Cash Margin2 to change from 73%, as previously reported, to 66%, and Adjusted EBITDA1 to change from negative $21,684, as previously reported, to positive earnings of $5,907.

The Company adjusted expenses capitalized into biological assets and inventory, and related cost of sales, realized fair value amounts included in…

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