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 (GRWG) operates as a leading specialty retailer in hydroponic systems and organic gardening supplies, serving commercial cultivators and urban growers through its national retail network and e-commerce platform. This dedicated news hub provides investors and industry stakeholders with verified updates about the company's strategic developments.
Access official press releases, financial reports, and operational announcements covering GRWG's cultivation solutions, storage innovations, and market expansions. Our curated collection ensures timely access to earnings disclosures, leadership changes, product launches, and partnership agreements while maintaining strict compliance with financial reporting standards.
Key content categories include quarterly financial results, facility openings, technological advancements in indoor farming equipment, and sustainability initiatives. Bookmark this page for direct access to primary-source information about GRWG's position in the horticulture retail sector, without promotional commentary or speculative analysis.
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.
GrowGeneration Corp. (NASDAQ: GRWG), the leading chain of specialty hydroponic and organic garden centers in the U.S., will participate in the D.A. Davidson 4th Annual Consumer Growth Virtual Conference on March 11, 2021. CEO Darren Lampert is set to engage in a fireside chat with analyst Michael Baker at 12:30 pm. The company operates 50 stores across various states and aims to expand its GrowGeneration branded stores in major U.S. states and Canada. The global hydroponics market is projected to reach $16 billion by 2025.
GrowGeneration Corp. (NASDAQ: GRWG) is participating in the D.A. Davidson 4th Annual Consumer Growth Virtual Conference on March 11, 2021. CEO Darren Lampert will engage in a fireside chat with analyst Michael Baker at 12:30 pm and will also conduct 1x1 meetings with investors. GrowGen is the largest chain of specialty hydroponic and organic garden centers in the U.S., operating 50 stores across several states. The hydroponics market is projected to reach $16 billion by 2025.
