{"url_path":"/sec/grusf/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities and Use of Proceeds**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-12","source_url":"https://www.sec.gov/Archives/edgar/data/1463000/0001829126-26-005016-index.html","accession_number":"0001829126-26-005016","cik":"0001463000","ticker":"GRUSF","issuer_name":"Grown Rogue International Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1463000/0001829126-26-005016-index.html","primary_entity_key":"0001463000","primary_entity_name":"Grown Rogue International Inc."},"word_count":127,"has_tables":true,"body_markdown":"**Item 2. Unregistered Sales of Equity Securities and Use of Proceeds**\n\n \n\nThe following SV Shares were issued pursuant to the exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), afforded by Section 4(a)(2) thereof for the sale of securities not involving a public offering:\n\n \n\nDuring the period ended March 31, 2026, the Company sold a 20% non-controlling interest in its subsidiary GRMA, in the form of 20 non-voting preferred units of GRMA, for gross proceeds of $3,000,000. The GRMA Units may be converted, at the holders’ discretion and for a period of up to three years, into subordinate voting shares of the Company at a conversion price of $0.65 per share, representing 4,615,384 subordinate voting shares on an as-converted basis."}