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Buying is what is happening.
For every seller at 82 there has been a buyer. If it were selling then the price would drop, but why? That dog don't hunt.
Price has been beaten down to a pulp. Time for some positive things to happen with regard to the stock. The company has been performing relatively well compared to a lot of other in this industry. I'm optimistic.
Why not? You got it!
It sure sounds like we have the correct team in place.
Looking for good revenue numbers again this quarter and no big acquisitions. Might just surprise some people.
Hangin' in there. Performance has been steady.
As always, my opinion and 2 common cents.
Leading Hydroponic Equipment Supplier Launches Cloning Supplies Subscription Service for Commercial Plant Cultivators
KIRKLAND, Wash., March 28, 2019 (GLOBE NEWSWIRE) -- GrowLife, Inc. (PHOT) (“GrowLife” or the “Company”), one of the nation’s most recognized indoor cultivation product and service providers, today announced that the company has launched a subscription service for consumable cloning supplies as part of its EZ-Clone commercial propagation equipment line. Through its e-logistics platform, commercial cannabis and hemp cultivators will be able to subscribe to monthly shipments that include all of the products necessary to clone plants at a discounted price.
GrowLife has been focused on building its product offering for cloning and propagation through its recently acquired EZ-Clone Enterprises product line. The products are designed to help commercial plant cultivators decrease costs associated with cloning plants. The Company offers two subscription packages specific to the EZ-Clone unit the customer is using. Customers can select the Commercial Pro unit or the EZ-Clone 128. The packages include automatic shipments of all nutrients and collars needed to produce two cycles of clones in a given month.
GrowLife created this subscription service as a result of an increased demand for cloning supplies and to create recurring revenue for the Company. This new subscription service provides customers with a turn-key solution to run their EZ-Clone units.
“We have observed a spike in demand for commercial cloning systems and this subscription service allows us to service these customers without additional overhead cost,” said GrowLife Executive Vice-President of Sales and Marketing Joe Barnes. “Our newly launched e-logistics program achieves just that. We are excited to fulfill cultivators’ requirements for consumables in a very efficient manner. This subscription service allows us to offer the best price on these packages while creating a strong consumer base. Specifically, hemp cultivators are turning to cloning as a way to meet production goals with healthy and consistent plants.”
The Company has seen significantly increased interest in these commercial units since the passage of the 2018 Farm Bill in the U.S., legalizing commercial hemp cultivation, as well as in Canada after the legalization of adult-use cannabis late last year. New Frontier Data estimates that the U.S. hemp cannabidiol (CBD) market alone will reach $1.3 billion by 2022 due to legalization. Cultivators will need to increase production to meet demand and the EZ-Clone product is specifically designed with this goal in mind.
Visit the Company’s website for more information on its new subscription service.
For more information about GrowLife, including the CEO’s most recent video statement, visit the company’s website. Products can be purchased at ShopGrowLife.com in the U.S. and GrowLifeHydro.ca in Canada.
About GrowLife, Inc.
GrowLife, Inc. (PHOT) aims to become the nation’s largest cultivation service provider for cultivating organics, herbs and greens and plant-based medicines. Our mission is to help make our customers successful. Through a network of local representatives covering the United States and Canada, regional centers and its e-Commerce team, GrowLife provides essential goods and services including media, industry-leading hydroponics and soil, plant nutrients, and thousands more products to specialty grow operations. GrowLife is headquartered in Kirkland, Washington and was founded in 2012.
Public Relations Contact:
CMW Media
Cassandra Dowell, 858-264-6600
cassandra@cmwmedia.com
www.cmwmedia.com
Investor Relations Contact:
investors@growlifeinc.com
206-483-0059
That's the spirit brother!
Global sales would be great. Revenue has been steadily increasing, i expect it to keep going. GrowLife's product are in more demand now than ever before.
Talk of a reverse split is silly nonsense for a while.
The EZ-Clone product is just now getting some traction, can't wait for it to take off!!
Keep the faith Stroke man!!
Again? All good Stroker! I did most of my buying a long time ago, holding strong.
Looks like someone wanted GrowLife stock in a hurry.
Over 2.5 million .0083's got bought today in a heart beat totally wiped out the ask. In my opinion.
GrowLife is ready to show some gains.
I believe the the ask could showing the beginning of another big run.
Smart money is already long.
I’m not trying to save anybody from anything, I just like the long term outlook for PHOT.
Balance Sheet: Total Assets for the company were $7,217,948 as of Dec. 31, 2018 as compared to $861,866 of Dec. 31, 2017, an increase of $6,356,082.
Just reporting the facts here.
Consistently Doubling Revs... things could be much worse.
How many times do i gotta witness?? Amen, Alleluia...
I like the marathon comment Stroker, very fitting.
One little bit of news could light the fuse, who knows?
Answer: no one... I put my money where my mouth is a long time ago.
Still here waiting Stroker. I like the potential a lot.
If you don’t give it a chance you will never succeed.
I’ve been trading for about 30 years, if you want to make steady money buy a mutual fund!
If you want to hit it big, buy something like Growlife and sit on it.
Not very complicated.
I sure hope so! Been a long time waiting.
They were obviously surprised to not have support above .01 after the offering at .012. If they have the ace of spades, they better play it soon.
Oh well, i will keep waiting.
You are a one man show today Stroker, keep the faith brother!!
Who knows what tomorrow will bring? Answer: no one.
I am your witness!! Patience is required but holy smokes!
.0087 +0.0017 (+24.3%) for 1 month.
GrowLife rose over 12% after
the news came out regarding retirement of over 1/2B shares.
It closed out up 3.5% after the usual attempt of dumping at the bell.
Things are changing, much better outlook for the company.
Time for GrowLife to shine!
I think the big drop days are over. The only big drop will be some positive news.
All cylinders are starting to fire.
Just a matter of time before the price takes off again. Only difference this time around is that it won’t fall back like in the past. Too many revenue streams unlike before. My opinion of course.
Today’s news is a huge positive for GrowLife!
Long term strategy is in place, all systems steady and moving upward.
All systems GO!
We made news announcement progress, it is usually slanted as bad news regardless of what it is.
We had news and went up!! Amazing. Positive things are happening.
Companies that are are growing need to hire more people. This is in fact a positive regardless of how it is spun by anybody outside of the company.
If things were super quiet, revenue was down, or even flat, this could be construed differently.
Just being positive supporting my long term investment. All my opinions.
And for me, if I were flipping around 25-30k, I would learn what AON and GTC stand for. Funny!
2019 Looks like the year for Growlife to make its move upward.
1-1/2 years ago i saw and listened to what these guys wanted to do. It has taken some time, but they have delivered on promises made. In return i will continue to keep my investment long term.
I believe Growlife investors have a unique opportunity to experience rapid growth in a truly young and developing industry. Growlife has the methods and technology to cross over and support several different crops in the farming and food industry. Growlife has positioned itself to benefit from several revenue streams, it is not a one trick pony.
My opinion of course.
All positive from here!! Invest wisely.
If the cat was not healthy it would have died a long time ago.
I agree, good things to come.
Trend from low 60’s to 90’s and holding low 80’s is positive in my book.
Green is the color folks, just my opinion.
Have a good weekend!
Game on!!! Tide is turning from roll red to money green!
This is based on my duct taped crystal balls.
The trend is up, started last week and is holding nicely.
Maybe a positive finish going into the weekend to support the trend?
I know what it did the last time they blew away expectations with unexpectedly high revenues.
No one expects much at all which is what gives it rocket fuel all in my opinion of course.
I like it!! Found my crystal ball and put back together with duct tape.
It is telling me tomorrow will be green!!! It is also colored green.
I must have been a fool to not buy low and sell high.
How hard can it be to do that STROKER???
Train loading gents and Stroker’s lady friends... All Aboard!
Not a bad day considering the broader market carnage.
How would a savvy trader know the entry and exit strategies?
My point is that with Growlife, I have no way of predicting what it will do day to day.
I dropped my crystal ball after I bought in so I just have to hang on long term.
I believe what you call a POS, is actually a real company in a hot industry.
Somebody is buying every share that is sold. That is a lot of buyers in my book.
Dumping for a profit? This rally started in the low .007’s.
Positive vibes here!
STROKER - looks like it is just us left here again.
Sure got quiet very quickly!!!
Volume is still robust today but zero chatter.
Any guess on earnings date? Friday maybe?
Money is still floating around, it showed up this week.
One could say it was all selling!! Yet there was a buyer for every share sold and the exchange happened at a higher price. That is a positive to me.
I like it a lot STROKER! I've been working too hard to keep up with the boards lately. Not sure why people are mean spirited, it just isn't healthy! Lets hope for more positive days ahead.
I recall your name for some reason, i did a lot more reading and less talking back then. I like to stay positive in general. If they can produce some good revenue numbers and promising news, this might just take off yet.
Looking forward to the 70-100 million share trading days again. Who knows?
Not much for pumping, just like to see success. Just my thoughts.
GrowLife is alive and well today!
Along for the long haul, investing methodically.
Glad to hear from a few people watching and waiting for days like today.
Stroker, don’t put away those Pom poms yet, we have a long way to go and a short time to get there, watch ol’ Growlife run...
The last time some weak hands let go below .007 it went down to .0063 and came right back up.
Not sure what you are attempting to insinuate?
All of the weak hands are long gone. We shall see.
It has been way too quiet around here.
The day for what? All i can do is hope for the best and stay optimistic.
Well, i'm not sticking around for my health that is for sure!
They have made all of the right moves, and have taken every criticism in the book. Time for some good things to happen.
I hope you are right, lots of skepticism!! Good sign for us.