GrowGeneration Acquires Two Stores In Alaska
Portfolio Pulse from Benzinga Newsdesk
GrowGeneration has acquired two hydroponic garden centers in Alaska, expanding its presence in the state. The acquisition is expected to generate over $6 million in annual revenue.
May 23, 2023 | 12:18 pm
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GrowGeneration's acquisition of two hydroponic garden centers in Alaska is expected to generate over $6 million in annual revenue, expanding its presence in the state.
The acquisition of the two hydroponic garden centers in Alaska directly impacts GrowGeneration's revenue and presence in the state. The expected $6 million in annual revenue is a positive development for the company, which is likely to have a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100