Form 4: Mindset Funds and Aaron Edelheit Boost Stake in Grown Rogue International

Mindset Value Wellness Fund LP, along with affiliated entities and Aaron Edelheit, acquired 65,700 shares of Grown Rogue International Inc. common stock at $0.36 per share, increasing their collective beneficial ownership to 37,368,933 shares.

Summary

• Reporting persons, including Mindset Value Wellness Fund LP, Mindset Value Fund LP, W&GP Fund 1 LLC, Mindset Capital LLC, and Aaron Edelheit, acquired 65,700 shares of Grown Rogue International Inc. common stock.
• The transaction occurred on July 2, 2025, at a price of $0.36 per share.
• Following this acquisition, Mindset Value Wellness Fund LP beneficially owns 14,941,529 shares indirectly.
• Collectively, the Funds (Mindset Value Wellness Fund LP, Mindset Value Fund LP, and W&GP Fund 1 LLC) now beneficially own 37,368,933 shares of Grown Rogue International Inc.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-planned purchase or sale.
• Aaron Edelheit, as Managing Member of Mindset Capital LLC (General Partner of the Funds), possesses the power to vote and direct the disposition of the shares acquired by the Funds.

Sentiment

Score: 8

Explanation: The acquisition of additional shares by a significant insider and director indicates strong confidence in the company's future, which is a positive signal for investors.

Positives

• Significant insider buying by a 10% owner and director, indicating confidence in the company's future prospects.
• The transaction was executed under a Rule 10b5-1(c) plan, suggesting a pre-planned investment strategy.
• Increased beneficial ownership by key stakeholders aligns their interests with those of other shareholders.

Future Outlook

The document, an SEC Form 4, does not provide any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

Grown Rogue International Inc. operates in the cannabis industry. Insider buying in this sector can signal confidence despite regulatory complexities or market volatility, potentially indicating a positive outlook from a major stakeholder.

Related Party Transactions

• The acquisition of shares by Mindset Value Wellness Fund LP and its affiliated entities, which are 10% owners and have a director (Aaron Edelheit) on the board, constitutes a related party transaction.

Stakeholder Impact

• Shareholders: Increased confidence due to insider buying, potentially leading to positive share price movement.
• Management: Stronger alignment with a significant shareholder group.

Key Dates

Recommendation

Keywords

Grown Rogue International, GRUSF, SEC Form 4, insider buying, stock acquisition, beneficial ownership, Mindset Value Wellness Fund, Mindset Capital, Aaron Edelheit, 10% owner, director, cannabis industry