Grown Rogue International Inc. (“Grown Rogue”), a multi-state operating (MSO) cannabis company with operations and assets in Oregon and Michigan, today announced the signing of a Definitive Agreement for a joint venture between its Michigan partner, Golden Harvests, LLC (“Golden”) and Pure Extracts Technologies Corp. (“Pure Extracts”) to expand Grown Rogue’s product offering and bring Pure Extracts’ portfolio of products to Michigan (the “joint venture”). In addition to Pure Extracts’ Pure Pulls and Pure Chews, Grown Rogue will be adding to its Michigan product portfolio to include concentrates and cartridges to complement their award-winning flower and their proprietary, 3.5gram, nitrogen sealed flower jars, which is already one of the leading flower brands in the state. “We are excited to expand our product offering in Michigan to include new products that double our addressable market in a top 5 cannabis state,” said Obie Strickler, CEO of Grown Rogue. The joint venture plans to build out 2,600 square feet of existing space in the 80,000 sq ft facility in Bay City, Michigan. The joint venture has the ability to produce Grown Rogue branded concentrates, cartridges, edibles, and tinctures as well as similar items under Pure Extracts’ brand. The joint venture will consider building dedicated greenhouse production to provide cheaper processing input for house brands and available white-label opportunities.
Mmp News Author, Medical Marijuana Program Connection, 08/21/2021 03:36:00