Mindset Value Fund Amends Grown Rogue Stake on Jan 29, 2024

TL;DR

**Mindset Value Fund LP just updated their Grown Rogue stake, signaling continued interest.**

AI Summary

Mindset Value Fund LP, along with Aaron Edelheit and Mindset Capital LLC, filed an amended SC 13G/A on February 1, 2024, indicating their ownership in Grown Rogue International Inc. This filing updates their previous disclosures, showing their continued significant stake in the cannabis company. This matters to investors because it signals that a notable institutional investor group maintains a substantial, active interest in Grown Rogue, potentially influencing its stock performance and strategic direction.

Why It Matters

This filing shows that a key institutional investor group, Mindset Value Fund LP, continues to hold a significant position in Grown Rogue International Inc., which can be a vote of confidence or a signal of ongoing strategic involvement.

Risk Assessment

Risk Level: low — This is an amendment to a previous filing, indicating ongoing disclosure rather than a new, unexpected event.

Analyst Insight

Investors should note the continued involvement of Mindset Value Fund LP in Grown Rogue International Inc. and consider researching Mindset's investment thesis for the company to understand potential future catalysts or risks.

Key Players & Entities

• Mindset Value Fund LP (company) — reporting person and institutional investor
• Grown Rogue International Inc. (company) — subject company whose securities are being reported
• Aaron Edelheit (person) — group member of the reporting entity
• Mindset Capital LLC (company) — group member of the reporting entity
• January 29, 2024 (date) — date of event requiring the filing

FAQ

Filing Documents

• tm244777d1_sc13ga.htm (SC 13G/A) — 82KB
• 0001104659-24-009415.txt ( ) — 84KB

(a)

Item 1(a). Name of Issuer: Grown Rogue International Inc. (the “Iss uer”).

(b)

Item 1(b). Address of the Issuer's Principal Executive Offices: 550 Airport Road, Medford, OR 97504

(a)

Item 2(a). Name of Person Filing The names of the person filing this statement on Schedule 13G (collectively, the “Reporting Persons”) are: • Mindset Value Fund LP • Mindset Value Wellness Fund LP • Mindset Capital LLC • Aaron Edelheit

(b)

Item 2(b). Address of Principal Business Office or, if None, Residence: 30 West Mission Street, Suite 8, Santa Barbara, CA 93101

(c)

Item 2(c). Citizenship: Mindset Value Fund LP is a Delaware Limited Partnership. Mindset Value Wellness Fund LP is a Delaware Limited Partnership. Mindset Capital LLC is a Delaware Limited Liability Company. Aaron Edelheit is a citizen of the United States.

(d)

Item 2(d). Title of Class of Securities: Common Stock (the “Shares”).

(e)

Item 2(e). CUSIP Number: 39986R106 Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8). (e) An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);Page 5 of 6 pages (j) Group, in accordance with §240.13d-1(b)(1)(ii)(J) CUSIP NO. 39986R106 Page 7 of 10 Pages Item 4.

(a)

Item 4(a). Amount Beneficially Owned: Aggregate of all Reporting Persons: 16,893,553 Mindset Value Fund LP – 7,989,000 Mindset Value Wellness Fund LP – 8,904,553 Mindset Capital LLC – 16,893,553* Aaron Edelheit –16,893,553*

(b)

Item 4(b). Percent of Class: Aggregate of all Reporting Persons: 9.90% Mindset Value Fund LP – 4.68% Mindset Value Wellness Fund LP – 5.22% Mindset Capital LLC – 9.90%* Aaron Edelheit – 9.90%*

(c)

Item 4(c). Number of shares as to which such person has: (i) Sole power to vote or direct the vote: Mindset Value Fund LP – 0 Mindset Value Wellness Fund LP – 0 Mindset Capital LLC – 16,893,553 Aaron Edelheit – 16,893,553 (ii) Shared power to vote or to direct the vote: Mindset Value Fund LP – 7,989,000 Mindset Value Wellness Fund LP – 8,904,553 Mindset Capital LLC – 0 Aaron Edelheit – 0 CUSIP NO. 39986R106 Page 8 of 10 Pages (iii) Sole power to dispose or to direct the disposition of: Mindset Value Fund LP – 0 Mindset Value Wellness Fund LP – 0 Mindset Capital LLC – 16,893,553 Aaron Edelheit – 16,893,553 (iv) Shared power to dispose or to direct the disposition of: Mindset Value Fund LP – 7,989,000 Mindset Value Wellness Fund LP – 8,904,553 Mindset Capital LLC – 0 Aaron Edelheit – 0 *Mr. Edelheit is the Managing Member of Mindset Capital LLC, the General Partner of Mindset Value Fund LP and Mindset Value Wellness Fund LP. As a result, Mindset Capital LLC and, in turn, Mr. Edelheit possess the power to vote and dispose or direct the disposition of all the shares beneficially owned by Mindset Value Fund LP and Mindset Value Wellness Fund LP as investment manager to the Fund. Mindset Capital and Mr. Edelheit disclaims beneficial ownership of any of the shares held by the Fund. CUSIP NO. 39986R106 Page 9 of 10 Pages Item 5. This Item 5 is not applicable. Item 6. This Item 6 is not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company: This Item 7 is not applicable. Item 8. Identification and Classification of Members of the Group: See Exhibit A. Item 9. Notice of Dissolution of Group: This Item 9 is not applic

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete, and correct. Date: January 29, 2024 Mindset Value Fund LP By: /s/ Aaron Edelheit Aaron Edelheit, Managing Member of Mindset Capital LLC, General Partner of Mindset Value Fund LP Mindset Value Wellness Fund LP By: /s/ Aaron Edelheit Aaron Edelheit, Managing Member of Mindset Capital LLC, General Partner of Mindset Value Wellness Fund LP /s/ Aaron Edelheit Aaron Edelheit CUSIP NO. 39986R106 Page 10 of 10 Pages EXHIBIT A Joint Filing Agreement The Undersigned agree that the statements on Schedule 13G with respect to the common stock of Grown Rogue International Inc. dated as of January 29, 2024, is, and any amendment thereto signed by each of the undersigned shall be, filed on behalf of each of them pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended. Date: January 29, 2024 Signature: /s/ Aaron Edelheit Name: Aaron Edelheit Mindset Value Fund LP By: /s/ Aaron Edelheit Name: Aaron Edelheit Title: Managing Member of Mindset Capital LLC, General Partner of Mindset Value Fund LP Mindset Value Wellness Fund LP By: /s/ Aaron Edelheit Name: Aaron Edelheit Title: Managing Member of Mindset Capital LLC, General Partner of Mindset Value Wellness Fund LP

View Full Filing

View this SC 13G/A filing on SEC EDGAR