- Sector: Distribution Services
- Industry: Wholesale Distributors
- Employees: 184
GRWG Profile
GrowGeneration Corp. engages in the retail of hydroponic and organic specialty gardening products. It offers lighting fixtures, nutrients, seeds and growing media systems, trays, fans, filters, humidifiers and dehumidifiers, timers, instruments, water pumps, irrigation supplies, and hand tools. The company was founded by Darren Lampert and Michael Salaman on March 6, 2014 and is headquartered in Denver, CO.
Recent News
GrowGeneration Preannounces Record Full-Year 2020 Revenues and Increases Preliminary 2021 Guidance
Record 2020 Revenue of $192 Million, Up 140% Same-Store Sales Up 63% 2021 Revenue Guidance Raised to $335 million-$350 million 2021 Adjusted EBITDA Guidance Raised to $38 million – $40 million Projected Number of Operating Garden Centers in 2021 Increased to 55 DENVER, Colo., Jan. 11, 2021 /PRNewswire/ — GrowGeneration Corp. (NASDAQ: GRWG), (“GrowGen” or the “Company”), the nation’s largest chain of specialty hydroponic […]
GrowGeneration Acquires Assets of Canopy Crop Management
Company expands its portfolio of private label products within the nutrient and additive space, acquiring the Power SI brand of silicic acid-enriched fertilizers DENVER, Colo., Dec. 23, 2020 /PRNewswire/ – GrowGeneration Corp. (NASDAQ: GRWG), (“GrowGen” or the “Company”) the nation’s largest chain of specialty hydroponic and organic garden centers, today announced it has acquired Southern California-based Canopy Crop Management and […]
GrowGeneration Announces Pricing of $150 Million Upsized Public Offering of Common Stock
DENVER, Dec. 9, 2020 /PRNewswire/ – GrowGeneration Corp. (NASDAQ: GRWG), (“GrowGen” or the “Company”) today announced the pricing of an underwritten public offering of 5,000,000 shares of its common stock at an offering price of $30.00 per share (the “Offering”). GrowGen expects the gross proceeds from the Offering to be approximately $150 million, before deducting the underwriting discount and other estimated offering expenses. […]
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