Form 4: Mindset Funds Increase Stake in Grown Rogue International, Signaling Confidence

Key insiders, including Mindset Value Wellness Fund LP and affiliated entities, have significantly increased their beneficial ownership in Grown Rogue International Inc. through recent common stock acquisitions.

Summary

• Mindset Value Wellness Fund LP acquired 57,775 shares of Grown Rogue International Inc. common stock on June 11, 2025, at a price of $0.347 per share.
• Mindset Value Wellness Fund LP further acquired 50,000 shares of common stock on June 12, 2025, at a price of $0.345 per share.
• Following these transactions, Mindset Value Wellness Fund LP beneficially owns 14,534,829 shares of common stock.
• Collectively, the reporting funds (Mindset Value Wellness Fund LP, Mindset Value Fund LP, and W&GP Fund 1 LLC) acquired a total of 107,775 shares.
• The collective beneficial ownership of the reporting funds, including Mindset Capital LLC and Aaron Edelheit, stands at 36,962,233 shares following these transactions.
• Aaron Edelheit, as Managing Member of Mindset Capital LLC, which serves as General Partner for the funds, possesses voting and disposition power over the acquired shares.

Sentiment

Score: 8

Explanation: The sentiment is positive due to significant insider buying by a 10% owner and director, which typically signals confidence in the company's prospects from those with deep knowledge.

Positives

• Significant increase in insider ownership by a 10% owner and director, potentially signaling strong confidence in the company's future prospects.
• The acquisitions were made at current market prices, indicating a belief in the stock's value at these levels.

Future Outlook

This document, an SEC Form 4, reports past insider transactions and does not contain forward-looking statements or guidance regarding the company's future outlook.

Industry Context

Insider buying, particularly by significant shareholders and directors, is often viewed by the market as a positive signal, suggesting that those with intimate knowledge of the company believe its shares are undervalued or that positive developments are anticipated. This activity in Grown Rogue International Inc. could be interpreted as a vote of confidence from a major institutional investor in the cannabis sector.

Related Party Transactions

• The reported transactions involve the acquisition of common stock by entities (Mindset Value Wellness Fund LP, Mindset Value Fund LP, W&GP Fund 1 LLC, Mindset Capital LLC) and an individual (Aaron Edelheit) who are identified as 10% owners and directors of Grown Rogue International Inc., classifying these as related party transactions.

Stakeholder Impact

• Shareholders may view these insider purchases as a positive indicator, potentially increasing investor confidence and demand for the stock.

Key Dates

Keywords

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