Grown Rogue - CannabisFN for Dummies

The Debentures are convertible into typical systems of Grown Rogue at a cost of C$ 0. 44 per system and the Debentures are secured by a basic security arrangement giving a security interest in all of Grown Rogue's and its subsidiaries' residential or commercial property and possessions. As part of Grown Rogue's Debenture offering, GRC provided an aggregate of 3,409,091 warrants to the purchasers of the debentures.

55 per unit for 24 months. The Debentures and warrants will be exchanged for debentures and warrants of the Resulting Issuer, on considerably the exact same terms, upon the conclusion of the Transaction. It is anticipated that Grown Rogue will raise as much as an additional C$ 2,500,000 in equity offerings prior to the closing of the Deal, which is expected to happen prior to November 15, 2018.

Strickler is the CEO, President and founder of Grown Rogue. He established Canopy Management, LLC in 2015 to consolidate the three medical centers he had actually run because 2006 within one company. Mr. This Site formed Grown Rogue in 2016 and got in the Oregon recreational cannabis market with a plan to develop a multi-national marijuana brand.

Strickler has been active in the Oregon medical marijuana market because early 2000 where he organically scaled a single 15 plant property to four separate facilities with approximately 200 outside plants and 30 lights running indoors. Mr. Strickler has a BS in Geology from Southern Oregon University and is also an Oregon Expert Geologist.

Johnston is a graduate of Western University, and signed up with Forbes Andersen LLP, Chartered Expert Accountants in 2004 and became a partner in 2012. Mr. Johnston has more than 10 years of experience with both private and public companies in various capacities, consisting of that of Chief Financial Officer. Mr. Habra is the Chief Method Officer of Grown Rogue accountable for branding, marketing, interactions, and strategy.

Habra is an award-winning entrepreneur who has introduced several companies with successful exits in different sectors consisting of technology, electronic devices, and genuine estate. Mr. Habra finished from the University of Michigan with a degree in English and Approach with Honors. Mr. Patel is a serial entrepreneur, venture financier, speaker, and benefactor.