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Pure Extracts and Grown Rogue form Joint Venture to Expand Product Offering in Michigan

Pure Extracts and Grown Rogue form Joint Venture to Expand Product Offering in Michigan
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Grown Rogue Retires Senior Secured Convertible Debentures

Press release content from Business Wire. The AP news staff was not involved in its creation. Grown Rogue Retires Senior Secured Convertible Debentures May 10, 2021 GMT MEDFORD, Ore. (BUSINESS WIRE) May 10, 2021 Grown Rogue International Inc. (“Grown Rogue” or the “Company”) (CSE: GRIN) (OTC: GRUSF), a multi-state cannabis company with operations and assets in Oregon and Michigan, today announced the retirement of the Company’s senior secured convertible debentures of CAD$2.36M that would have matured on November 1, 2021. The early retirement of the debt will save the Company CAD$100k in interest payments over 2021. The debt repayment also results in the removal of the general security agreement over all of the Company’s assets and leaves only $1.04M of term debt, of which $450k is current. Of the current amount of $450k, $100k will complete a payment contributing to an option payment to acquire Golden Harvests, LLC (“Golden Harvests”). This results in a debt to

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