The Company evaluated subsequent events through the date the consolidated financial statements were issued, and determined that the following subsequent events occurred as of that date:

On January 12, 2026, the Company issued 200,000 SV Shares pursuant to the exercise of stock options for total proceeds of $21,615 (CAD$30,000).

On March 12, 2026, the Company announced it has taken operational control of a cannabis production facility in Dwight, Illinois, through its affiliates Grown Rogue Management Associates (“GRMA”) and Sea Craft, LLC (“SEA Craft”). GRMA (became an 80% owned susidiary of the Company in January 2026) entered into a membership interest purchase agreement (“MIPA”) to acquire a 49% interest in SEA Craft, the holder of an Illinois craft grow license and an existing cash balance of $1,000,000, with an option to acquire the remaining 51% subject to regulatory and performance-based considerations. The MIPA is subject to regulatory approval by the Illinois Department of Agriculture, and the Company expects the transaction to close in the second quarter of 2026. Concurrently, SEA Craft entered into a three-year lease with Innovative Industrial Properties, Inc. (“IIP”) for a 43,000 square foot facility in Dwight, Illinois, including approximately 10,000 square feet of indoor flowering canopy, with capacity to expand to the 14,000 square foot permitted under the craft grow license. The lease with IIP included a corporate guarantee provided by the Company. To support projected capital needs, GRMA completed project financing in the form of a $3,000,000 preferred equity investment for a 20% interest in GRMA and a preferred dividend of 15%. At the preferred investors’ discretion, for a period of up to three years, the preferred units may be converted into SV Shares of the Company at a conversion price of $0.65 per share.