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11 Best CBD Stocks To Buy Now - Insider Monkey

The cannabis industry in 2022 had mixed results. While some new markets experienced significant growth, sales in many established markets decreased, slowing or even reversing growth in those areas. ....

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GrowGeneration Expands In Michigan, Acquires Downriver Hydro

The deal details weren t disclosed.
The indoor garden supply center in Wayne County was founded in 2011. Its annual revenues amount to roughly $10 million.
The move follows GrowGen s purchase of 55 Hydroponics, a Santa Ana, California-based hydroponic and organic fertilizer store, and Aquarius Hydroponics, which is located in New England.
The acquisition of Downriver Hydro brings the operational footprint of the Denver-based company to 53 stores across 12 states.
We continue to look for best-in-class hydroponics stores in mature and emerging markets, and Downriver Hydro has a strong customer base, as well as an experienced and knowledgeable staff, led by owner Scott Brownlie. Darren Lampert, the company s CEO, said Tuesday. ....

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GrowGeneration Boosts 2021 Revenue Outlook to $415-430 Million

GrowGeneration Boosts 2021 Revenue Outlook to $415-430 Million
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GrowGeneration Enters Massachusetts' Thriving Cannabis Market with Acquisition of Aquarius Hydroponics

GrowGeneration Enters Massachusetts Thriving Cannabis Market with Acquisition of Aquarius Hydroponics
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DENVER, March 17, 2021 /PRNewswire/
GrowGeneration Corp. (NASDAQ: GRWG), ( GrowGen or the Company ) the nation s largest chain of specialty hydroponic and organic garden centers, today announced its acquisition of Aquarius Hydroponics, an indoor-outdoor garden supply center specializing in hydroponics systems, lighting and nutrients. Aquarius Hydroponics is one of the largest hydroponics retailers in New England, with annual revenues approaching $5 million. With the acquisition of Aquarius Hydroponics, GrowGen s portfolio of hydroponic garden centers now includes 52 stores across 12 states.
The Aquarius Hydroponics acquisition is a testament to our continued investment in best-in-class hydroponic suppliers in emerging adult-use markets across the U.S., said Darren Lampert, GrowGen s CEO. Importantly, it represents ....

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