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GrowGeneration Signs Asset Purchase Agreement to Acquire Nation’s Third-Largest Chain of Hydroponic Garden Centers

Cannabis Law Report

Founded in 2015 by Rocky Shaeena , HGS Hydro is the largest chain of hydroponic garden centers in the state of Michigan and generated approximately $50 million in revenue in 2020. This acquisition represents our continued focus on purchasing ‘best of breed’ hydroponic operations in the U.S. GrowGeneration Corp.

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New Age Provisions Farms Brings Hemp Operation Into Automated Hydroponic Shipping Container Environment

SpeedWeed

In 2019, Vitalis started to explore cultivating hemp indoors hydroponically—the process of growing plants in soilless nutrient solution, Cannabis Business Times previously reported. He received his first shipping container from the company in August 2020 and his second one in January. ” The Benefits.

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Global Hydroponics (Aggregate Systems, Liquid Systems) Market Analysis & Forecast Report 2021-2028 – ResearchAndMarkets.com

Cannabis Law Report

DUBLIN–(BUSINESS WIRE)–The “Hydroponics Market Size, Share & Trends Analysis Report By Type (Aggregate Systems, Liquid Systems), By Crops (Tomatoes, Lettuce, Peppers, Cucumbers, Herbs), By Region, and Segment Forecasts, 2021-2028” report has been added to ResearchAndMarkets.com’s offering. from 2021 to 2028.

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Gage Growth Corp. Impressing Both Consumers and Analysts

Cannabis Law Report

That figure lands the state in the top 3 in terms of total sales and would represent an approximately 87% increase over the $984 million figure from 2020. Gage brands employ small-batch, hydroponically grown, handpicked cannabis flowers that are carefully dried, trimmed, and cured using the company’s proprietary methods.

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Agrify Announces Record Fiscal 2020 Annual Results

SpeedWeed

2020 Highlights. “We are pleased with the growth we achieved in 2020,” Agrify CEO Raymond Chang said. Entered into a binding letter of intent to establish a partnership with Atlantis Hydroponics to build-out a research and development facility focused on the hemp market. BURLINGTON, Mass., Management Commentary.

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GrowGeneration Announces Mutual Termination of HGS Acquisition, Updates Guidance, and Enters New Mexico’s Thriving Cannabis Market with Acquisition of All Seasons Gardening

Cannabis Law Report

NASDAQ: GRWG ), (“GrowGen”or the “Company”) the nation’s largest chain of specialty hydroponic and organic garden centers, today announced that the Company and HGS Hydro mutually terminated the July 27, 2021 , previously announced asset purchase agreement. All Seasons Gardening is the largest hydroponics retailer in New Mexico.

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Green Risk: Cannabis Insurance Trends and Concerns

Cannabis Law Report

If you purchase special equipment to create an ideal growing environment – such as heat lamps, hydroponic equipment or humidifiers – you may need to make changes to your coverage. As a result, although sales surpassed $100 million in 2020, there were a number of recalls due to mould or incorrect labelling.

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