Growgeneration Corp (GRWG)

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$GRWG Growgeneration Corp. Q2 looking forward "April setting a new monthly record and surpassing the $1.0 million monthly sales mark for the first time in the history of the Company."

Sales from the recently opened Denver South and San Bernardino stores will start being reflected in the Company's financial results in the second quarter. In April, management consolidated the Pueblo South store into the other two Pueblo stores.

For the full year
"With the new markets, we have planned for 2017, along with continued same-store sales growth, revenue for 2017 is projected to be approximately $15 million."

As the Company continues to scale, inventory and operating efficiencies are expected to begin to be recognized in higher margins and operating profit, and management expects margins to trend back up to normalized levels in the second half of the year.

https://www.otcmarkets.com/stock/GRWG/news/GrowGeneration-Reports-Record-First-Quarter-Revenue?id=159207&b=y



Also see: SEC Q1 10Q filing
SUBSEQUENT EVENTS and MD&A..pg 10-13..The Company has evaluated events and transaction occurring subsequent to March 31, 2017 up to the date of this filing...Filing date on May 15, 2015
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12070427

Growgeneration Corp.
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