Growgeneration Corp Stock Price, News & Analysis

GrowGeneration Corp (NASDAQ: GRWG) has acquired Big Green Tomato, enhancing its presence in Michigan with a total of six locations. Big Green Tomato, a prominent hydroponic equipment retailer with annual revenues nearing $16M, operates stores in Battle Creek and Taylor. This acquisition is projected to elevate GrowGen's Michigan revenues to over $40M as the state’s recreational cannabis market is on track to exceed $1B in the coming years. This expansion aligns with the growing demand for hydroponic solutions amidst favorable state regulations.

GrowGeneration Corp (NASDAQ: GRWG) announced its acquisition of Hydroponics Depot, marking its entry into the Arizona medical cannabis market. This expansion increases GrowGen's store count to 29 across 11 states. Hydroponics Depot reported year-to-date sales exceeding $5 million with a 50% growth year-over-year. Arizona's cannabis market is projected to expand from $700 million in 2020 to $2 billion if Prop 207 is approved, enhancing growth prospects for GrowGen in medical and recreational segments.

GrowGeneration Corp (NASDAQ: GRWG) announced its acquisition of Hydroponics Depot, marking its entry into Arizona's medical cannabis market. This strategic move expands GrowGen's portfolio to 29 stores across 11 states. Hydroponics Depot is Phoenix's largest garden center, boasting sales exceeding $5 million and a 50% year-over-year growth. With voters considering Prop 207, Arizona's cannabis market could expand from $700 million to $2 billion, highlighting significant potential for GrowGen's growth strategy.

GrowGeneration Corp. (NASDAQ: GRWG), a leader in specialty hydroponic and organic gardening stores, has announced its participation in several upcoming virtual investment conferences. On September 29, the company will hold one-on-one meetings with institutional investors. Co-founder and CEO Darren Lampert will join two panels: one on cannabis legalization on October 6, and another discussing the cannabis ancillary space on October 7. GrowGeneration currently operates 28 locations across the U.S. and aims to expand its market presence as the hydroponics system market is projected to reach $16 billion by 2025.

GrowGeneration Corp. (NASDAQ: GRWG) announced its participation in upcoming virtual investment conferences, enhancing visibility in the market. Key events include the AGP Consumer Cannabis Virtual Conference on September 29, 2020, and the Roth Capital Virtual Panel on October 6, 2020, featuring Co-founder and CEO Darren Lampert. Additionally, GrowGen will join the Jefferies Virtual Cannabis Summit on October 7, 2020. With 28 locations across the U.S., GrowGen aims to capture a share of the projected $16 billion hydroponics market by 2025.

GrowGeneration Corp. (NASDAQ: GRWG), the leading chain of specialty hydroponic and organic garden centers, will participate in the Lake Street 4th Annual Best Ideas Growth (BIG4) Conference on September 17, 2020. Management will hold virtual one-on-one meetings with institutional investors on the same day. With 28 stores in various states including Colorado and California, GrowGen aims to dominate the hydroponics market, projected to reach $16 billion globally by 2025. For more details, visit Lake Street.

GrowGeneration Corp. (NASDAQ: GRWG), the largest specialty hydroponic and organic garden center chain, will participate in the Lake Street 4th Annual Best Ideas Growth Conference on September 17, 2020. Management will be available for virtual meetings with institutional investors on that day. GrowGeneration operates 28 stores across various states, including Colorado, California, and Michigan, and runs an online superstore. The company aims to dominate the hydroponic sector, which could reach approximately $16 billion globally by 2025.

GrowGeneration Corp. (NASDAQ: GRWG) announced its participation in the Lake Street 4th Annual Best Ideas Growth Conference on September 17, 2020. Management will engage in virtual one-on-one meetings with institutional investors. GrowGeneration operates 28 stores across various states, including Colorado, California, and Michigan, and serves as a leading supplier of hydroponic and organic gardening products. With a mission to expand its brand, the company caters to both commercial and home growers, supporting the growing hydroponics market projected to reach $16 billion by 2025.

GrowGeneration Corp. (NASDAQ: GRWG) announced on August 21, 2020, that it has identified attempts to fraudulently manipulate its stock. An organization, Hindenburg Research, published false statements regarding the company's officers and directors, aiming to mislead investors and benefit short sellers. GrowGeneration will work with law enforcement and regulators to investigate these claims and intends to take legal action to protect shareholder value. GrowGeneration operates 28 hydroponic and organic gardening stores and aims to expand further in the U.S. and Canada.