#MJ #hydoponics
https://finance.yahoo.com/news/growgeneration-signs-lease-open-growgeneration-134519315.html
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12237140
GrowGeneration Corp.
http://growgeneration.com
GRWG Security Details
Share Structure
Market Value1 $27,426,557 a/o Aug 23, 2017
Authorized Shares 100,000,000 a/o Jul 31, 2017
Outstanding Shares 14,511,406 a/o Jul 31, 2017
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float 4,030,001 a/o Aug 01, 2017
https://www.otcmarkets.com/stock/GRWG/profile
GrowGeneration Reports Record 2nd Quarter Revenue
DENVER, Aug. 02, 2017 (GLOBE NEWSWIRE) -- GrowGeneration Corp. (GRWG), (“GrowGen” or the “Company”) one of the largest specialty retail hydroponic and organic gardening stores, selling to both the commercial and home cannabis markets, with currently 13 locations, today reported financial results for its 2nd quarter ended June 30, 2017.
2nd Quarter 2017 Financial Highlights:
Revenue of $4.1 million, up 116% compared to revenue of $1.9 million for the 2nd quarter of 2016
Same-store sales increased 54% from $1.7 million for the 2nd quarter of 2016 to $2.6 million for the 2nd quarter of 2017
Adjusted EBITDA for the quarter ended June 30, 2017 totaled $7,167 compared to adjusted EBITDA of $(33,447) for the quarter ended June 30, 2016
Net loss of $340,375, inclusive of $344,932 in non-cash depreciation and share-based compensation expense, compared to a net loss of $143,681 in the 2nd quarter of 2016, inclusive of $109,121 in non-cash depreciation and share-based compensation expense.
The Company had $2.2 million in cash as of June 30, 2017
Darren Lampert, Co-Founder and CEO, said, “This was a record quarter of sales for GrowGeneration, clearly demonstrating the demand for our products and the scalability of our business as we continue our expansion plans. The 2nd quarter was the sixth consecutive quarter of sequential revenue growth. Our company has reached a financial goal of break-even at this level of revenue.”
“We have successfully opened and assimilated into our portfolio, our Denver South, Las Vegas and Trinidad stores, as well as the newly acquired stores in Seattle and Sonoma. All of these operations are performing well. We are aggressively expanding our business, with a focus in California, Nevada, Michigan, Rhode Island, Massachusetts, Maine, Oregon and the state of Washington,” added Mr. Lampert. We continue to forecast revenue for 2017 to be approximately $15 million.”
More..https://finance.yahoo.com/news/growgeneration-reports-record-2nd-quarter-151827602.html
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Recent GRWG News
- GrowGeneration to Participate in the Lake Street Capital Markets 8th Annual Best Ideas Growth Conference on September 12, 2024 • Business Wire • 08/28/2024 08:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/16/2024 09:00:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/15/2024 09:01:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/15/2024 09:00:37 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2024 08:27:24 PM
- GrowGeneration Reports Second Quarter 2024 Financial Results • Business Wire • 08/08/2024 08:05:00 PM
- GrowGeneration Schedules Second Quarter 2024 Earnings Release Conference Call for August 8, 2024 • Business Wire • 07/24/2024 08:05:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/23/2024 03:12:45 PM
- GrowGeneration Announces Second Quarter 2024 Preliminary Results, Strategic Restructuring Plan and Outlines Path to Profitability • Business Wire • 07/22/2024 08:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 07:29:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 07:28:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 07:28:15 PM
- GrowGeneration to Participate in The Benzinga Cannabis Market Spotlight on June 17, 2024 • Business Wire • 06/13/2024 12:00:00 PM
- GrowGeneration’s Horticultural Rep Group Unveils B2B Portal for Hydroponic Retailers and Garden Centers Nationwide • Business Wire • 06/11/2024 12:00:00 PM
- KCSA Cannabis Virtual Investor Conference Presentations Now Available for Online Viewing • GlobeNewswire Inc. • 06/06/2024 12:35:00 PM
- GrowGeneration to Participate in Oppenheimer's 24th Annual Consumer Growth and E-Commerce Virtual Conference • Business Wire • 06/06/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/03/2024 09:06:37 PM
- KSCA Cannabis Virtual Investor Conference Agenda Announced for June 5th • GlobeNewswire Inc. • 05/31/2024 12:43:44 PM
- GrowGeneration to Present at the KCSA Cannabis Virtual Investor Conference June 5th • GlobeNewswire Inc. • 05/30/2024 12:35:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/08/2024 09:13:47 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/08/2024 09:12:49 PM
- GrowGeneration Reports First Quarter 2024 Financial Results • Business Wire • 05/08/2024 08:05:00 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 06:04:44 PM
- GrowGeneration Announces Change to Board of Directors • Business Wire • 04/25/2024 12:00:00 PM
- GrowGeneration Schedules First Quarter 2024 Earnings Release Conference Call for May 8, 2024 • Business Wire • 04/23/2024 12:00:00 PM
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