Form 4: Mindset Value Wellness Fund LP Increases Stake in Grown Rogue International Inc.

Mindset Value Wellness Fund LP, along with related entities, acquired 110,000 shares of Grown Rogue International Inc. at $0.59 per share, increasing their total holdings to 36,014,946 shares.

Summary

• Mindset Value Wellness Fund LP, along with related entities, has reported the acquisition of additional shares in Grown Rogue International Inc.
• The transactions occurred on January 30, 2025 and January 31, 2025, with a total of 110,000 shares acquired at a price of $0.59 per share.
• The total holdings of the reporting entities now stand at 36,014,946 shares.
• The shares are held indirectly through various funds managed by Mindset Capital LLC, with Aaron Edelheit as the Managing Member.

Sentiment

Score: 7

Explanation: The document indicates a positive sentiment due to the increased investment by a significant shareholder, suggesting confidence in the company's future.

Positives

• The increased stake by Mindset Value Wellness Fund LP and related entities indicates confidence in Grown Rogue International Inc.
• The acquisition of shares at $0.59 per share suggests a belief in the company's current valuation.

Risks

• The document does not explicitly state any risks, but the concentration of ownership with Mindset Capital LLC could pose governance risks.

Industry Context

This filing indicates a significant ownership stake by an investment fund in Grown Rogue International Inc., which could be of interest to other investors in the cannabis industry.

Comparison to Industry Standards

• It is common for investment funds to take significant positions in companies, especially in emerging sectors like cannabis.
• The level of ownership by Mindset Value Wellness Fund LP and related entities is substantial, suggesting a strong belief in the company's potential.
• Comparable companies in the cannabis sector often see similar filings when institutional investors increase their stakes.

Stakeholder Impact

• The increased stake by Mindset Value Wellness Fund LP could be viewed positively by shareholders, potentially increasing investor confidence.
• The transaction does not appear to have any immediate impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Grown Rogue International Inc., Mindset Value Wellness Fund LP, share acquisition, insider trading, beneficial ownership, Aaron Edelheit, Mindset Capital LLC