MEDFORD, Ore. – Grown Rogue International Inc. has entered into a long-term lease for a cultivation facility in the greater Minneapolis metropolitan area that has received local approval for cannabis cultivation.
The Facility, an approximately 109,000-square-foot building located in Fridley, Minnesota, was acquired by Rainbow WBSE MN LLC for approximately $75 per square foot, and Grown Rogue will pay a monthly base rent of 73 cents per square foot. The facility recently secured a conditional use permit for cannabis cultivation and is expected to support a phased build-out of up to 30,000 square feet of flower canopy, which reflects the maximum indoor flower canopy permitted in Minnesota. Construction of Phase I, approximately 10,000 square feet of flowering canopy and associated support infrastructure, is expected to commence in early 2026, with first product anticipated in early 2027.
Christian Stiers, Grown Rogue’s National Cultivation Director, owns the facility’s license. The Company has executed definitive agreements with Stiers governing the parties’ respective interests in the Minnesota project, including a sublease of the cultivation facility and a management services agreement.
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