Grown Rogue Acquires 30,000 Sq Ft Indoor Facility from Acreage Holdings' HSCP, LLC

April 19, 2022

Grown Rogue International Inc. completed the acquisition of a state-of-the-art 30,000 sq ft indoor cultivation facility in Medford, Oregon from HSCP, LLC (a subsidiary of Acreage Holdings Inc.) on April 14, 2022 for total consideration of $2.0 million. The asset is currently producing approximately 800 lbs/month and expands Grown Rogue's total indoor capacity to 127,000 sq ft, supporting the company’s production and margin targets.

Buyers
Grown Rogue International Inc.
Targets
HSCP, LLC (30,000 Sq Ft indoor cultivation facility)
Sellers
HSCP, LLC, Acreage Holdings Inc.
Industry
Agriculture
Location
Oregon, United States
Transaction Type
Divestiture

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