OTHER INVESTMENTS

6 Months Ended

Jun. 30, 2026

7.	OTHER INVESTMENTS

On March 5, 2024, the Company signed a definitive agreement to form Rogue EBC, a joint venture with EBC Ventures. Rogue EBC holds a craft growers license with the Illinois Department of Agriculture. Grown Rogue owns 79% of the joint venture and has contributed capital to support the development of the facility. The joint venture agreement includes multiple purchase options, which ultimately give the Company the ability to acquire 100% of the membership interests of the joint venture subject to approval by the Illinois Department of Agriculture. The Company does not have the unilateral ability to direct activities of Rogue EBC and therefore the investment constitutes a joint venture in accordance with ASC 323, Investments – Equity Method and Joint Ventures.

The investment in Rogue EBC has been accounted for using the equity method as follows:

Schedule of other investment
	June 30, 2026			December 31, 2025
	$			$
Balance, beginning of period		1,358,860			575,967
Investment in Rogue EBC		415,000			735,855
Loss on equity investment in associate		(293,250	)		(452,962	)
Deposit on purchase of remaining Rogue EBC		-			500,000
Balance, end of period		1,480,610			1,358,860

The following table presents summarized financial information for Rogue EBC:


	June 30, 2026		December 31, 2025
	$		$
Current assets		169,235		136,563
Non-current assets		3,639,665		4,113,350
Total assets		3,808,900		4,249,913

Current liabilities		2,798		172,618
Non-current liabilities		2,683,696		3,000,179
Total liabilities		2,686,494		3,172,797

Net Assets		1,122,406		1,077,116
Company share of net assets		890,278		858,860

	Three months ended June 30,						Six months ended June 30,
	2026			2025			2026			2025
	$			$			$			$
Revenue		-			-			-			-
Gross profit		-			-			-			-
Net loss		(242,170	)		(159,884	)		(369,711	)		(378,250	)
Company share of net loss		(193,593	)		(114,686	)		(293,250	)		(268,420	)