Welcome to our dedicated page for Growgeneration news (Ticker: GRWG), a resource for investors and traders seeking the latest updates and insights on Growgeneration stock.
GrowGeneration Corp (NASDAQ: GRWG) features frequently in news coverage as one of the nation’s largest specialty hydroponic and organic gardening retailers and a supplier of products for controlled environment agriculture (CEA), commercial cultivation, and retail garden centers. Company press releases and SEC filings provide regular updates on its financial performance, proprietary product launches, distribution partnerships, and participation in industry events.
News about GrowGeneration often centers on quarterly financial results, where the company reports net sales, gross margin trends, operating expenses, and the contribution of proprietary brands to Cultivation and Gardening revenue. These releases highlight how private‑label brands such as Char Coir, Drip Hydro, PowerSi, Ion lights, The Harvest Company, and Viagrow influence margins and segment performance.
Another recurring theme in GRWG news is product and technology announcements. For example, the company has announced the launch of Dialed In under‑canopy LED lighting systems and related environmental and fertigation solutions designed for commercial cannabis cultivation. Such stories provide detail on how GrowGeneration develops and markets specialized equipment for indoor, greenhouse, and mixed‑light environments.
GrowGeneration also issues news about wholesale and distribution initiatives, including partnerships that expand the reach of its proprietary brands into additional lawn and garden channels, independent retailers, and national accounts. These items describe how the company’s wholesale and B2B strategy extends beyond its own retail locations and online platforms.
In addition, the company regularly announces its participation in industry conferences and expos in the United States and abroad, where it exhibits cultivation solutions and engages with commercial operators, distributors, and investors. Investors and observers who follow GRWG news can use this page to review these press releases and related updates in one place.
GrowGeneration Corp (GRWG) has expanded its presence by acquiring Aquarius Hydroponics, a leading retailer in New England's hydroponics market, marking its entry into Massachusetts. With this acquisition, GrowGen now operates 52 stores across 12 states. Aquarius Hydroponics, offering a diverse range of gardening supplies, generates annual revenues of around $5 million. This acquisition aligns with GrowGen's strategy in emerging adult-use cannabis markets. For 2021, GrowGen forecasts revenues between $335 million and $350 million.
GrowGeneration Corp (NASDAQ: GRWG) has acquired Aquarius Hydroponics, expanding its footprint in the hydroponics sector to Massachusetts, its 12th state. With annual revenues nearing $5 million, Aquarius Hydroponics is a leading hydroponics retailer in New England. This acquisition aligns with GrowGen's strategy to invest in top hydroponic suppliers in emerging markets, particularly the Massachusetts cannabis industry, projected to reach $1 billion in 2021. Following this acquisition, GrowGen operates 52 stores and anticipates revenues of $335 million to $350 million in 2021.
GrowGeneration Corp (NASDAQ: GRWG) announced its acquisition of 55 Hydroponics, a leading hydroponic and organic fertilizer store in Santa Ana, California. This brings GrowGen's total locations to 51, with 18 in California, enhancing its presence in the largest cannabis market. 55 Hydroponics, generating nearly $10 million in annual revenue, will bolster GrowGen's offerings and customer base in Southern California. Following record earnings, GrowGen raised its 2021 revenue guidance to between $335 million and $350 million.
GrowGeneration Corp. (NASDAQ: GRWG) has announced the acquisition of 55 Hydroponics, a prominent hydroponic and organic fertilizer retailer in Santa Ana, California. This acquisition increases GrowGen's total locations to 51, with 18 in California's lucrative cannabis market. With annual revenues nearing $10 million, 55 Hydroponics enhances GrowGen's presence in Southern California. The company's recent performance includes fourth-quarter revenues of $61.5 million, leading to a full-year revenue of $192 million, a 140% increase from 2019. GrowGen has raised its 2021 revenue guidance to $335-$350 million.
GrowGeneration Corp (NASDAQ: GRWG) has acquired Char Coir, a leading RHP-certified growing medium made from premium coconut fiber, enhancing its private label portfolio. Char Coir's products are biodegradable and projected to add over $15 million in revenue in 2021. Following a record earnings quarter, GrowGen reported $61.5 million in Q4 revenues and raised its 2021 revenue guidance to between $335 million and $350 million. The acquisition aligns with GrowGen's mission to expand its market presence and product offerings in the hydroponic sector.
GrowGeneration Corp (NASDAQ: GRWG) announced its acquisition of Char Coir, a leading provider of RHP-certified growing mediums made from high-grade coconut fiber. This strategic move aims to enhance GrowGen's private label portfolio, with the acquisition expected to generate over $15 million in revenue for 2021. Following a record year with $192 million in revenue for 2020, GrowGen has raised its revenue guidance for 2021 to between $335 million and $350 million. The company plans to expand to 55 garden centers by year-end.
GrowGeneration Corp (NASDAQ: GRWG) has announced the addition of two new locations in Los Angeles County, California, significantly enhancing its retail and distribution capabilities. The new sites will add 122,000 square feet to its operations, bringing the total to nearly 800,000 square feet across 52 locations nationwide. Following a strong financial performance with $192 million in revenue for 2020, marking a 140% increase from the previous year, GrowGeneration has raised its 2021 revenue guidance to $335 million - $350 million.
GrowGeneration Corp (NASDAQ: GRWG) has announced the opening of two new Super Hydroponic Garden Centers in Los Angeles County, totaling 122,000 square feet. This expansion increases their retail and distribution space to nearly 800,000 square feet across 52 locations. The company reported fourth-quarter revenues of $61.5 million for 2020, totaling $192 million for the year, a 140% increase from 2019. Additionally, they raised their revenue guidance for 2021 to between $335 million and $350 million, with plans for 55 locations by year-end.
GrowGeneration Corp. (NASDAQ: GRWG) will release its financial results for Q4 and full-year 2020 on March 24, 2021, post-market. A live earnings call is scheduled for March 25, 2021, at 9:00 a.m. ET. GrowGeneration operates 50 hydroponic and organic garden centers across the U.S. and aims to expand its brand nationwide. By 2025, the global hydroponics system market is projected to reach approximately $16 billion. Investors are advised to monitor the upcoming earnings report and conference call for financial insights.
GrowGeneration Corp. (NASDAQ: GRWG) will announce its financial results for Q4 and full-year 2020 on March 24, 2021, after market close. A live earnings call is scheduled for March 25, 2021, at 9:00 a.m. ET. GrowGen operates 50 specialty hydroponic and organic gardening stores across the U.S. and plans to expand its presence. The global hydroponics market is expected to reach $16 billion by 2025. Interested investors can join the call via phone or webcast, with a replay available for 90 days.
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