Form 4: Major Shareholder Group Boosts Stake in Grown Rogue International, Signaling Confidence

Mindset Value Wellness Fund LP and affiliated entities, including 10% owner and director Aaron Edelheit, have significantly increased their beneficial ownership in Grown Rogue International Inc. through recent common stock acquisitions.

Summary

• Mindset Value Wellness Fund LP, Mindset Value Fund LP, W&GP Fund 1 LLC, and Mindset Capital LLC, along with Aaron Edelheit, collectively acquired 78,000 shares of Grown Rogue International Inc. common stock.
• The acquisitions occurred on June 6, 2025 (28,500 shares), June 9, 2025 (10,500 shares), and June 10, 2025 (39,000 shares).
• The shares were acquired at prices ranging from $0.343 to $0.344 per share.
• Following these transactions, the Funds collectively own 36,854,458 shares of Grown Rogue International Inc. common stock.
• Aaron Edelheit, as Managing Member of Mindset Capital LLC (General Partner/Managing Member of the Funds), possesses the power to vote and dispose of these shares indirectly.

Sentiment

Score: 8

Explanation: The sentiment is highly positive due to substantial insider buying by a significant shareholder and director. This action typically signals strong confidence in the company's prospects and valuation from those with the most direct knowledge.

Positives

• A significant increase in beneficial ownership by a 10% owner and director, Aaron Edelheit, and his affiliated funds, signals strong insider confidence in Grown Rogue International Inc.'s future prospects.
• The acquisition of 78,000 shares at current market prices demonstrates a direct investment by key stakeholders, aligning their interests with those of other shareholders.

Future Outlook

The document, an SEC Form 4, primarily reports insider transactions and does not provide forward-looking statements or guidance regarding the company's future performance or strategic outlook.

Management Comments

• Aaron Edelheit, Managing Member of Mindset Capital LLC, signed the filing on behalf of Mindset Value Wellness Fund LP, Mindset Value Fund LP, W&GP Fund 1 LLC, and Mindset Capital LLC, and individually, confirming the reported transactions.

Industry Context

This Form 4 filing reflects an insider's increased stake in Grown Rogue International Inc., a company operating in the cannabis industry. While the filing itself doesn't detail industry trends, such insider buying can be interpreted as a positive signal within the context of the evolving and often volatile cannabis market, suggesting confidence in the company's position or future growth within its sector.

Related Party Transactions

• The acquisition of common stock by Mindset Value Wellness Fund LP, Mindset Value Fund LP, and W&GP Fund 1 LLC are considered related party transactions as these entities are controlled by Aaron Edelheit, who is identified as a Director and 10% Owner of Grown Rogue International Inc.

Stakeholder Impact

• Shareholders: The increased stake by a significant insider may instill greater confidence among existing shareholders and potentially attract new investors, as it suggests a belief in the company's future value.
• Management: The transactions reinforce alignment between the interests of key management/owners and the company's performance.

Key Dates

Recommendation

Keywords

Grown Rogue International Inc., GRUSF, Mindset Value Wellness Fund LP, Mindset Value Fund LP, W&GP Fund 1 LLC, Mindset Capital LLC, Aaron Edelheit, SEC Form 4, Insider Trading, Stock Acquisition, Beneficial Ownership, Cannabis Industry, Equity Investment