Medford, Ore. – Grown Rug International Inc. (“The big villain“Or”Institution”(CSE: GRIN) (OTC: GRUSF), a multi-state cannabis company with operations and resources in Oregon and Michigan, today announced the retirement of Tom Fortner as Chief Operating Officer. After the one-year contract expires, Mr. Fortner will leave the company to focus on his passion for shipping, including a transatlantic trip. This exit is expected to reduce corporate costs by more than 10%.
“Tom came out of retirement to help streamline our activities by building skills, discipline and standardization across our approximately 200,000 square feet of farmland in Oregon and Michigan,” said Obi Strickler, CEO. “I want to thank Tom for all his efforts over the past year and wish him well in returning to the love of his full-time journey.”
Also, Adam Augustus has been transferred from Chief Financial Officer of a major GRIN subsidiary to senior vice president of the company. “Adam has been an amazing partner and mentor since we went public in 2018.” “His passion, financial planning skills, and corporate strategy have allowed the company to improve the business we now operate.”
About Groen Rug
Grow Disease International (CSE: GRIN | OTC: GRUSF) is a vertically-integrated, multinational brand of cannabis family that aims to inspire consumers to “enhance the experience” of cannabis. We combine an expert management team, award-winning grow team, state-of-the-art indoor and outdoor production facilities and consumer insight-based product assortment, to create innovative products from “seed to experience”. Grown Rogue Family of Products includes sungrone and indoor premium flowers, with nitro sealed indoor and sungrone pre-rolls and jars.
The company is indirectly involved in the production, possession, use, sale and distribution of cannabis in the recreational cannabis market in the United States through its indirect operating subsidiaries. Local state law, where its subsidiaries operate, allows such activities, but these activities are currently illegal under U.S. federal law. Additional information in this regard and other risks and uncertainties related to the company’s business are disclosed in the statement listing of the company filed on its issuing profile on SEDAR at www.sedar.com. If one or more of these risks, uncertainties, or other factors are implemented, or the underlying assumptions of forward-looking information or far-sighted statements should be disproved, the actual results here may vary materially from being described as intended, planned, expected, believed, or estimated. Expected.
No stock exchange, securities commission or other regulatory authority has approved or discredited the information contained herein.
For more information about Grown Rogue International, please visit www.grownrogue.com.
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