Grown Rogue raises stake in ABCO Garden State to 70%
Grown Rogue exercised its second option to acquire another 26% of New Jersey subsidiary ABCO Garden State, raising its stake to 70% and giving it majority control of ABCO’s board. The approximately US$743,000 purchase price was advanced to ABCO in 2023.
1. Stake increases to 70%
Grown Rogue exercised its second option to acquire another 26% of New Jersey subsidiary ABCO Garden State, increasing its stake to 70%. The option exercise gave Grown Rogue majority control of ABCO’s board; the approximately US$743,000 purchase price was advanced to ABCO in 2023.
