Hydroponic garden

GrowGeneration Signs Asset Purchase Agreement to Acquire Nation's Third-Largest Chain of Hydroponic Garden Centers

Retrieved on: 
Wednesday, July 28, 2021

DENVER, July 28, 2021 /PRNewswire/ -- GrowGeneration Corp. (NASDAQ: GRWG), ("GrowGen" or the "Company") the nation's largest chain of specialty hydroponic and organic garden centers, today announced the signing of an asset purchase agreement to acquire HGS Hydro, the nation's third-largest chain of hydroponic garden centers, with six stores across Michigan and a seventh store slated to open in the fall of 2021. This transaction is expected to close before the end of fiscal year-end 2021. Founded in 2015 by Rocky Shaeena, HGS Hydro is the largest chain of hydroponic garden centers in the state of Michigan and generated approximately $50 million in revenue in 2020.

Key Points: 
  • Founded in 2015 by Rocky Shaeena, HGS Hydro is the largest chain of hydroponic garden centers in the state of Michigan and generated approximately $50 million in revenue in 2020.
  • When completed, the transaction will also bring the total number of GrowGen hydroponic garden centers in Michigan to 14 and the total number of stores to 65.
  • The new GrowGen locations will include Shelby Township, Southfield, Sterling Heights, Hazel Park, Walled Lake, Albion, and Imlay City, Michigan.
  • "The combination of HGS Hydro and GrowGeneration will further solidify GrowGen's leadership position as the nation's largest chain of hydroponic garden centers.

GrowGeneration Acquires Mendocino Greenhouse and Garden Supply, Expands Footprint in California's Emerald Triangle

Retrieved on: 
Thursday, July 22, 2021

(NASDAQ: GRWG ), ("GrowGen" or the "Company") the nation's largest chain of specialty hydroponic and organic garden centers, today announced its acquisition of Mendocino Greenhouse and Garden Supply, a Northern California-based hydroponic garden center, located in Mendocino, California.

Key Points: 
  • (NASDAQ: GRWG ), ("GrowGen" or the "Company") the nation's largest chain of specialty hydroponic and organic garden centers, today announced its acquisition of Mendocino Greenhouse and Garden Supply, a Northern California-based hydroponic garden center, located in Mendocino, California.
  • Mendocino Greenhouse and Garden Supply serves growers in Northern California's Emerald Triangle the largest cannabis-producing region in the country including Mendocino, Humboldt, and Trinity counties.
  • As one of the original garden centers in Mendocino, sales are expected to surpass $8 million annually.
  • We are proud to expand our presence in the area through a highly respected and leading hydroponics store such as Mendocino Greenhouse and Garden Supply. "

GrowGeneration Enters Massachusetts' Thriving Cannabis Market with Acquisition of Aquarius Hydroponics

Retrieved on: 
Wednesday, March 17, 2021

Aquarius Hydroponics is one of the largest hydroponics retailers in New England, with annual revenues approaching $5 million.

Key Points: 
  • 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 our entry into Massachusetts' cannabis market, which is projected to become a $1 billion industryin 2021."

GrowGeneration Expands Southern California Footprint with New Super Hydroponic Garden Centers in Los Angeles County

Retrieved on: 
Tuesday, March 9, 2021

(NASDAQ: GRWG), ("GrowGen" or the "Company") the nation's largest chain of specialty hydroponic and organic garden centers, today announced it has signed two new leases in LosAngeles County, California, which will serve as the futuresites of two new GrowGeneration Super Hydroponic Garden Centers.

Key Points: 
  • (NASDAQ: GRWG), ("GrowGen" or the "Company") the nation's largest chain of specialty hydroponic and organic garden centers, today announced it has signed two new leases in LosAngeles County, California, which will serve as the futuresites of two new GrowGeneration Super Hydroponic Garden Centers.
  • Located in the heart of downtown Los Angeles at 1651 Naomi Street and near the Long Beach Ports at 19516 South Susan Street inRancho Dominguez, the leases represent an additional 122,000 square feet of retail and distribution space in Los Angeles County, making them the largest hydroponic garden centers in Southern California.
  • Our Super Hydroponic Garden Centers will offer the largest selection, expert advice from our professional staff, and best-in-class customer service.
  • We plan to build several GrowGen Super Garden Centers across the U.S. to serve the growing number of commercial and craft growers."

GrowGeneration Acquires Colorado-Based Grow Warehouse, Expands Footprint in Colorado and Oklahoma

Retrieved on: 
Tuesday, February 16, 2021

The acquisition brings the total number of GrowGen hydroponic garden centers to 46, with new locations in Colorado Springs and Pueblo, Colorado, and Oklahoma City, Oklahoma.

Key Points: 
  • The acquisition brings the total number of GrowGen hydroponic garden centers to 46, with new locations in Colorado Springs and Pueblo, Colorado, and Oklahoma City, Oklahoma.
  • "We continue to acquire best-of-breed hydroponic stores that complement our existing footprint and accelerate our growth strategy," said Darren Lampert, GrowGeneration's CEO.
  • "Grow Warehouse is our third acquisition this year and boasts a team of 50-plus grow professionals and an additional 35,000 square feet across four state-of-the-art facilities.
  • It also brings the total number of GrowGen hydroponic garden centers in Colorado to eight and Oklahoma to five.

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

Retrieved on: 
Tuesday, December 15, 2020

(NASDAQ: GRWG), ("GrowGen" or the "Company") the nation's largest chain of specialty hydroponic and organic garden centers, today announcedits acquisition of Grassroots Hydroponics, a three-store chain of hydroponic garden centers in Southern California.

Key Points: 
  • (NASDAQ: GRWG), ("GrowGen" or the "Company") the nation's largest chain of specialty hydroponic and organic garden centers, today announcedits acquisition of Grassroots Hydroponics, a three-store chain of hydroponic garden centers in Southern California.
  • 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.
  • "We look to acquire best-in-breed hydroponic operations that complement and expand our footprint in mature cannabis markets, and Grassroots delivers a priority region, the critical Southern California market, for GrowGen."

Rise Gardens Launches New Smaller "Personal Garden" Designed to Fit Compact Spaces Such As Shelves or Countertops in Time for Holiday Gifting

Retrieved on: 
Tuesday, November 17, 2020

CHICAGO, Nov. 17, 2020 /PRNewswire/ --Chicago-based Rise Gardens , maker of in-home, smart hydroponic garden systems, today announced the launch of a new more compact version of its popular indoor garden system designed to fit in smaller spaces such as countertops and shelves.

Key Points: 
  • CHICAGO, Nov. 17, 2020 /PRNewswire/ --Chicago-based Rise Gardens , maker of in-home, smart hydroponic garden systems, today announced the launch of a new more compact version of its popular indoor garden system designed to fit in smaller spaces such as countertops and shelves.
  • The new Personal Garden includes all of Rise Gardens' state-of-the-art lights, proprietary water flow technology and modularity but in a smaller, more streamlined model.
  • Priced at $279, the Personal Garden allows people to grow four large plants (tomatoes, peppers, swiss chard, kale, etc.
  • This week, Rise Gardens also announced it is now available for sale to consumers in Canada.

GrowGeneration Signs Asset Purchase Agreement to Acquire Nation's Third-Largest Chain of Hydroponic Garden Centers

Retrieved on: 
Monday, November 2, 2020

The GrowBiz To Join GrowGen's Portfolio, Expands Company's Footprint in California and Oregon

Key Points: 
  • The GrowBiz To Join GrowGen's Portfolio, Expands Company's Footprint in California and Oregon
    DENVER, Nov. 2, 2020 /PRNewswire/ -- GrowGeneration Corp. (NASDAQ: GRWG), ("GrowGen" or the "Company") the nation's largest chain of specialty hydroponic and organic garden centers, today announcedthe signing of an asset purchase agreement to acquire The GrowBiz, the nation's third-largest chain of hydroponic garden centers, with five stores across California and Oregon.
  • The acquisition will bring the total number of GrowGen hydroponic garden centers in California to ten and Oregon to two.
  • California and Oregon Market and Projections:
    For more information about GrowGeneration, or to locate its stores, please visit www.growgeneration.com .
  • Our mission is to own and operate GrowGeneration branded stores in all the major states in the U.S. and Canada.

GrowGeneration Acquires Phoenix-Based Hydroponics Depot

Retrieved on: 
Monday, October 12, 2020

(NASDAQ: GRWG), ("GrowGen" or the "Company") the nation's largest chain of specialty hydroponic and organic garden centers, today announced its acquisition of Hydroponics Depot, Phoenix's largest indoor and outdoor garden center.

Key Points: 
  • (NASDAQ: GRWG), ("GrowGen" or the "Company") the nation's largest chain of specialty hydroponic and organic garden centers, today announced its acquisition of Hydroponics Depot, Phoenix's largest indoor and outdoor garden center.
  • With the addition of Hydroponics Depot, GrowGen's portfolio of hydroponic garden centers now includes 29 stores across 11 states.
  • "We're excited to add Hydroponics Depot to our growing portfolio, with year-to-date sales in excess of $5 million and year-over-year growth at 50 percent," said Tony Sullivan, GrowGen's COO.
  • Our mission is to own and operate GrowGeneration branded stores in all the major states in the US and Canada.

GrowGeneration Corp. Acquires Concord, CA Based Emerald City Garden

Retrieved on: 
Tuesday, August 11, 2020

DENVER, Aug. 11, 2020 /PRNewswire/ - GrowGeneration Corp. (NASDAQ: GRWG), ("GrowGen"or the "Company") the largest chain of specialty hydroponic and organic garden centers, with currently 27 locations,is pleased to announce that the company has purchased the assets of Emerald City Garden located in Concord, CA.

Key Points: 
  • DENVER, Aug. 11, 2020 /PRNewswire/ - GrowGeneration Corp. (NASDAQ: GRWG), ("GrowGen"or the "Company") the largest chain of specialty hydroponic and organic garden centers, with currently 27 locations,is pleased to announce that the company has purchased the assets of Emerald City Garden located in Concord, CA.
  • With the acquisition of Emerald City Garden, GrowGen opens up the East Bay region.
  • Emerald City Garden has been in business since 2012 and is one of the largest hydroponic operations in the region, with 2020 sales estimated to be approximately $4.0 million.
  • Darren Lampert, GrowGeneration CEO stated, "The Emerald City Garden acquisition is our 3rd in 2020,adding a strong team and customer base to our portfolio of hydroponic garden centers.