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GrowGeneration Acquires California-Based Grassroots Hydroponics, Expands Footprint in Southern California


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DENVER, Colo., Dec. 15, 2020 /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 Grassroots Hydroponics, a three-store chain of hydroponic garden centers in Southern California. The acquisition kick starts GrowGen s plans for rapid expansion in the region, with three high-volume retail locations in Anza, Lake Elsinore and Murrieta. With these additions, GrowGen will operate 13 stores in the booming California cultivation market and 39 total retail locations across the country.
Founded in 2008, Grassroots Hydroponics is one of the largest hydroponic operations in Southern California, with annual revenues approaching $20M. This is GrowGenerations s second acquisition in the state within a one-month period; in November, GrowGen acquired The GrowBiz, the nation s third-largest chain of hydropo ....

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