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$GRWG GrowGeneration Reports Record 3rd Quarter Revenue
PRESS RELEASE PR Newswire
Nov. 8, 2017, 08:30 AM
DENVER, Nov. 8, 2017 /PRNewswire/ -- GrowGeneration Corp. (OTCQX: 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 14 locations, today reported financial results for its 3rd quarter ended September 30, 2017.

3rd Quarter 2017 Financial Highlights:

Revenue of $4.0 million, up 86% compared to revenue of $2.2 million for the 3rd quarter of 2016
For the 9 months ended September 30,2017, revenue totaled $10.7 million versus $5.6 million for the same 9 months ending 2016, an increase of 91%
Same-Store Sales increased 31% from $2.1 million for the 3rd quarter of 2016 compared to $2.7 million for the 3rd quarter of 2017
Adjusted EBITDA for the quarter ended September 30, 2017 totaled $(191,497) compared to adjusted EBITDA of $29,386 for the quarter ended September 30, 2016
Net loss of $460,887, inclusive of $265,971 in non-cash depreciation and share-based compensation expense, compared to a net income of $10,844 in the 3rd quarter of 2016, inclusive of $17,158 in non-cash depreciation expense.
The Company had $1.9 million in cash as of September 30, 2017
As of September 30, 2017, the Company had $8.2 million in total current assets compared with $3.6 million as of December 31, 2016.
The Company raised $4.8 million in equity capital for the 9 month period ended September 30, 2017 through the issuance of common stock and the exercise of warrants.
http://markets.businessinsider.com/news/stocks/GrowGeneration-Reports-Record-3rd-Quarter-Revenue-1007292167

Complete 10Q for 3rd Quarter 2017
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12369289

GRWG Security Details
Share Structure
Market Value1 $30,389,835 a/o Nov 08, 2017
Authorized Shares 100,000,000 a/o Nov 01, 2017
Outstanding Shares 16,338,621 a/o Nov 01, 2017
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float 12,153,621 a/o Sep 30, 2017
Par Value 0.001
https://www.otcmarkets.com/stock/GRWG/profile

Website
https://growgeneration.com