Post by highskier on Nov 10, 2022 16:58:22 GMT
The stk is up 11% on the news.
P/C Ratio is 0.556 with 49% of the 5,069 Calls traded at the Ask or above.
P/C Ratio is 0.556 with 49% of the 5,069 Calls traded at the Ask or above.
DENVER, November 10, 2022--(BUSINESS WIRE)--GrowGeneration Corp. (NASDAQ: GRWG) ("GrowGen" or "the Company"), the largest chain of specialty hydroponic and organic garden centers in the United States, today announced the acquisition of St. Louis Hydroponic Company, one of the leading hydroponic retail stores in St. Louis, Missouri.
This store acquisition furthers the Company’s strategic retail footprint and represents entry into an important and growing market, where voters approved adult-use ballot measures on Tuesday. The store officially began operating under the GrowGeneration name on Monday November 7, 2022. Currently, with over 200,000 medical patients, and the addition of 144 new micro licenses and home growing, the Missouri market is poised for growth.