Hydroponic Retailer GrowGeneration Cultivates Success In Alaska With Southside Garden Supply Acquisition
Portfolio Pulse from Joana Scopel
GrowGeneration Corp. (NASDAQ:GRWG) has acquired Southside Garden Supply in Alaska, marking its expansion into the 18th state. The acquisition strengthens GrowGen's retail footprint and commitment to providing high-quality products and exceptional service. GrowGen recently reported Q1 revenue of $56.8 million.
May 23, 2023 | 11:51 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
GrowGeneration's acquisition of Southside Garden Supply expands its retail footprint and strengthens its commitment to high-quality products and services.
The acquisition of Southside Garden Supply expands GrowGeneration's presence into its 18th state, strengthening its retail footprint and commitment to providing high-quality products and exceptional service. This strategic move is likely to have a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100