December 10, 2018 MJ Shareholders
December 10th, 2018
News, Top News
MEDFORD, OR, Dec. 10, 2018 /CNW/ – Grown Rogue International Inc. (CSE:GRIN) (“Grown Rogue” or the “Company“), announces a formal partnership with Jeff Shepherd, voted one of North America’s Top 10 Chocolatiers by Pastry Arts and Design. The partnership between Shepherd and Grown Rogue International will feature THC and CBD infused chocolate products under the GRAM and Grown Rogue brands – both wholly owned by Grown Rogue International.
Jeff Shepherd has a world-renowned reputation and has received international awards for his organic, hand-made strikingly delicious creations. Based in Southern Oregon, just 3 miles from the Grown Rogue indoor cultivation center, his chocolate bars, truffles, and caramels have been a favorite of chocolate connoisseurs world-wide. “I’ve been selectively searching, for many years, for a cannabis company to partner with,” said Shepherd. “I knew after my first discussions with Grown Rogue’s co-founders that Obie and Sarah Strickler, we’re the right fit.”
Even before Shepherd and Grown Rogue joined forces, the points of alignment were clear and evident. Both companies pride themselves on organic best practices, both have long standing roots in the Oregon community, and both have created respected brands that have garnered national attention.
“In carefully analyzing our edible line, we wanted to find an expert that not only shared our values but shared our vision for the right experience for customers,” said Obie Strickler, CEO and Co-Founder. “Jeff and his team have been pillars of the community and create delicious products as well as delightful experiences so we were excited to know Jeff felt the same way towards our team,” added Sarah Strickler, Grown Rogue Co-Founder and Director of Community Relations.
The first product the partnership will distribute will be under the GRAM brand – focused on high quality, affordable cannabis products. “The GRAM brand is the ideal way to launch our partnership as we gain market insights and establish our edibles line of products,” added Mr. Strickler. “In 2019, we will launch more edibles under our luxury brand – Grown Rogue,” continued Mr. Strickler.
The dark chocolate bar contains 50mg of THC or CBD carefully mixed to ensure the dominant flavor remains the award-winning chocolate recipe.
“As in many areas of the cannabis industry, most edible products have been invented with a ‘cannabis first’ thought process, but we decided that a more optimal path was to ensure that what we provide to consumers appeals to their senses in terms of look, taste, and aroma. To accomplish this vision, we partnered with one of the most respected chocolatiers in the industry – just in time to have product available for the holiday season,” noted Mrs. Strickler.
GRAM Dark Chocolate edibles are now available in a select number of the 221 Oregon dispensaries that carry the Grown Rogue brands. Plans to distribute throughout California are in place for first quarter 2019.
About Grown Rogue
Grown Rogue International (CSE: GRIN) is a vertically-integrated, multi-state cannabis brand specializing in “seed to experience” products through an experienced management team, state of the art indoor and outdoor manufacturing facilities, and a proprietary distribution platform featuring an exclusive partnership with Microsoft 365. Grown Rogue’s diverse product suite includes premium flower, patent-pending nitrogen sealed pre-rolls, 3.5g flower jars, oil and concentrate distillates, and most recently dark chocolate edibles featuring a partnership with a world-renowned chocolatier.
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This press release contains statements which constitute “forward‐looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities. Forward‐ looking information is often identified by the words “may,” “would,” “could,” “should,” “will,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “expect” or similar expressions and include information regarding: (i) statements regarding the future direction of the Company (ii) the ability of the Company to successfully achieve its business and financial objectives, (iii) plans for expansion of the Company, and (iv) expectations for other economic, business, and/or competitive factors. Investors are cautioned that forward‐looking information is not based on historical facts but instead reflect the Company’s management’s expectations, estimates or projections concerning the business of the Company’s future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward‐looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the combined company. Among the key factors that could cause actual results to differ materially from those projected in the forward‐looking information are the following: the potential impact of the announcement of the going public transaction on relationships, including with regulatory bodies, employees, suppliers, customers and competitors; changes in general economic, business and political conditions, including changes in the financial markets; and in particular in the ability of the Company to raise debt and equity capital in the amounts and at the costs that it expects; adverse changes in the public perception of cannabis; decreases in the prevailing prices for cannabis and cannabis products in the markets that the Company operates in; adverse changes in applicable laws; or adverse changes in the application or enforcement of current laws; and increasing costs of compliance with extensive government regulation, and other risks described in the Company’s Listing Statement available on www.sedar.com.
Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward‐looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward‐looking information except as otherwise required by applicable law.
Safe Harbor Statement:
This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company’s financing plans; (ii) trends affecting the Company’s financial condition or results of operations; (iii) the Company’s growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words “may,” “would,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend” and similar expressions and variations thereof are intended to identify forward-looking statements. Also, forward-looking statements represent our management’s beliefs and assumptions only as of the date hereof. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the Company’s Form 20-F and 6-K filings with the Securities and Exchange Commission.
The Company is indirectly involved in the manufacture, possession, use, sale and distribution of cannabis in the recreational cannabis marketplace in the United States through its indirect operating subsidiaries. Local state laws where its subsidiaries operate permit such activities however, these activities are currently illegal under United States federal law. Additional information regarding this and other risks and uncertainties relating to the Company’s business are disclosed in the Company’s Listing Statement filed on its issuer profile on SEDAR at www.sedar.com. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.
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About Ryan Allway
Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.
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