SCHEDULE: Grown Rogue International Inc. Ownership Update

Jesse Strickler amends Schedule 13G filing to correct beneficial ownership of Grown Rogue International Inc. subordinate voting shares as of June 30, 2025.

Summary

• This filing is an amendment to a previous Schedule 13G filing by Jesse Strickler concerning his beneficial ownership of Grown Rogue International Inc. subordinate voting shares.
• The amendment corrects a clerical error in a prior filing (Amendment No. 3) regarding shares held indirectly by the Reporting Person's spouse.
• The correction clarifies that 500,000 subordinate voting shares were held directly by Jesse Strickler, not indirectly by his spouse.
• The filing reports beneficial ownership as of June 30, 2025.
• The total number of subordinate voting shares beneficially owned by Jesse Strickler is 37,926,249, representing 15.0% of the class.
• This total includes shares held directly, shares underlying exercisable stock options held directly, and shares underlying exercisable stock options held by his spouse.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it is a technical correction of ownership data and does not provide new financial or operational information about the company.

Positives

• Correction of a clerical error in a previous filing demonstrates a commitment to accurate reporting.
• The filing clearly outlines the beneficial ownership of Jesse Strickler, providing transparency to investors.
• The total beneficial ownership of 15.0% indicates a significant stake in Grown Rogue International Inc.

Negatives

• The need for an amendment suggests a lack of meticulousness in the initial filing process, which could raise minor concerns about internal controls.
• The filing does not provide any new financial performance data or strategic updates for Grown Rogue International Inc., focusing solely on ownership.

Risks

• Potential for further inaccuracies in reporting if internal controls are not robust.
• Concentration of ownership by a single individual could lead to governance concerns if not balanced by other shareholder interests.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategy.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are crucial for understanding significant ownership stakes in publicly traded companies. This amendment by Jesse Strickler clarifies his position in Grown Rogue International Inc., providing important transparency for investors tracking major shareholders in the cannabis industry, which is known for its evolving regulatory landscape and capital-intensive operations.

Related Party Transactions

• The filing notes that 700,000 subordinate voting shares underlying stock options exercisable within 60 days of June 30, 2025, are held by the spouse of Mr. Strickler, indicating a related party holding.

Stakeholder Impact

• Shareholders: Increased transparency regarding a significant shareholder's holdings.
• Management: Reinforces the importance of accurate and timely reporting.
• Regulators: Ensures compliance with SEC disclosure requirements.

Next Steps

• Continue to monitor future SEC filings from Grown Rogue International Inc. for operational and financial updates.
• Track any further changes in Jesse Strickler's beneficial ownership.

Key Dates

Keywords

Grown Rogue International Inc., Schedule 13G, Jesse Strickler, Beneficial Ownership, Subordinate Voting Shares, Stock Options, SEC Filing, Amendment, Ownership Correction