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Re: Fat Thor post# 546

Tuesday, 05/07/2019 9:53:24 PM

Tuesday, May 07, 2019 9:53:24 PM

Post# of 2963

We're seeing growth everywhere, we're seeing our old stores starting to work, we're seeing our new stores starting to work. We're also seeing our online store is starting to gain some traction. So it was basically the first quarter was strong, straight around. We sort of know weaknesses, within the quarter at all. And we're going into our seasonally strongest second quarter right now. Our first month sales are tracking wonderfully. And we're into May right now.

So everything seems to be firing on all cylinders right now. The one other thing that I would add, Aaron, is that our commercial division, which is a fairly new division that the company formed this year, is really starting to get its legs on there itself. We now have 10 individuals that all they do is work to obtain, commercial accounts on the large multistate operators, they're dedicated, managers for those accounts. And that side of the business is growing. And we see that side of the business, certainly continuing to grow and support the operation at the store level.

Our e-commerce business is growing. That's another part of the business that we didn't have last year. And that's – that's a nice to have, and it's certainly part of the long-term strategy of enabling our customers to not only come into one of the locations which they love to do by the way. They love to talk to one of our professional growers, but they also would like the convenience of accessing their orders online and being able to pick it up or have it delivered. So that technology is being evolved from our acquisition that we made, that's going to be embedded as part of our, optionality for our customers.

So I think it's really, as Darren said, it's a combination of everything. Consolidation, expansion, growth, and GrowGeneration has scaled it's business where it can now attract these large multistate operators, which are very challenging to manage on a national level and a regional level. And they're coming to us because we're performing and we're executing, and we see that continuing.

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