Grown Rogue leases 66,000-square-foot Illinois cannabis facility with USD 4 million project capital

Reuters

Mar 12

Grown Rogue leases 66,000-square-foot Illinois cannabis facility with USD 4 million project capital

Grown Rogue said its affiliate GRMA entered definitive agreements with Sea Craft to operate a cannabis production facility in Dwight, Illinois that is owned by Innovative Industrial Properties. Sea Craft leased a fully constructed cultivation and processing site totaling 66,000 square feet, including about 10,000 square feet of existing indoor flowering canopy. GRMA is acquiring a 49% interest in Sea Craft for initial consideration of USD 1 million. GRMA also completed a USD 3 million preferred equity investment to support Sea Craft’s projected capital needs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Grown Rogue International Inc. published the original content used to generate this news brief on March 12, 2026, and is solely responsible for the information contained therein.

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