Grown Rogue International Inc. announced that it formed Grown Rogue Retail Ventures LLC ("GRRV") and signed a definitive agreement on January 16, 2024 to invest in and support Nile of NJ LLC ("Nile"), a Company that is developing an adult-use dispensary in West New York, New Jersey. Despite the anticipated highly accretive nature of the investment, the capital required from Grown Rogue is immaterial to the Company's current cash position and management expects the time and attention required to be relatively minimal.