| Schedule of consolidated financial statements |
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| Entity |
|
Defined term |
|
Location |
|
Purpose |
|
Percentage
held |
|
| Grown Rogue Unlimited, LLC |
|
“GR Unlimited” |
|
Oregon |
|
U.S. Holding Company |
|
|
100 |
% |
| Grown Rogue Gardens, LLC |
|
“GR Gardens” |
|
Oregon |
|
Operating Entity (Cultivation) |
|
|
100 |
% |
| GRU Properties, LLC |
|
“GRU Properties” |
|
Oregon |
|
Property Management |
|
|
100 |
% |
| GRIP, LLC |
|
“GRIP” |
|
Oregon |
|
Marketing/Branding |
|
|
100 |
% |
| Grown Rogue Distribution, LLC |
|
“GR Distribution” |
|
Oregon |
|
Operating Entity (Distribution) |
|
|
100 |
% |
| Rogue EBC, LLC |
|
“Rogue EBC” |
|
Illinois |
|
Operating Entity (Cultivation) |
|
|
79 |
%* |
| Canopy Management, LLC |
|
“Canopy” |
|
Michigan |
|
Holding Company |
|
|
100 |
%** |
| Golden Harvests LLC |
|
“Golden Harvests” |
|
Michigan |
|
Operating Entity (Cultivation) |
|
|
80 |
% |
| Grown Rogue Retail Ventures, LLC |
|
“GR Retail” |
|
Delaware |
|
Holding Company |
|
|
100 |
% |
| Grown Rogue West New York, LLC |
|
“West NY” |
|
New Jersey |
|
Holding Company (Retail) |
|
|
44 |
%*** |
| ABCO Garden State, LLC |
|
“ABCO” |
|
New Jersey |
|
Operating Entity (Cultivation) |
|
|
70 |
% |
| Grown Rogue Management Associates, LLC |
|
“GRMA” |
|
Illinois |
|
Operating Entity (Cultivation) |
|
|
80 |
%**** |
| * |
The Company does not have the unilateral ability to direct the activities of Rogue EBC. Accordingly, the investment is accounted for as a joint venture under ASC 323, Investments – Equity Method and Joint Ventures, using the equity method (Note 7). During the year ended December 31, 2025, Rogue EBC consolidated Cannequality, LLC (“Cannequality”), a wholly owned subsidiary that held the cannabis license used in Rogue EBC’s joint arrangement operations. Following regulatory approval, the license was transferred to Rogue EBC on January 8, 2025, and Cannequality was subsequently dissolved on May 9, 2025. |
| ** |
Canopy was dissolved in the second quarter of 2025 after regulatory milestones were achieved resulting in GR Unlimited directly holding an 80% ownership interest in Golden Harvests. |
| *** |
The Company has the unilateral ability to direct the activities of West NY and therefore the Company consolidates West NY in accordance with ASC 810, Consolidation. |
| **** |
During the six months ended June 30, 2026, the Company sold 20% of its ownership in GRMA through the sale of 20 voting preferred units of GRMA (the “GRMA Units”) (Note 22). |