x

RSS Newsfeeds

See all RSS Newsfeeds

Global Regions

Global Regions ( XML Feed )
United States ( XML Feed )

Sep 28, 2015 9:46 EST

GrowGeneration Corp: to open and operate hydroponic/specialty gardening stores and capitalize on the rapid growth from the legalization of marijuana and home gardening in the U.S

iCrowdNewswire - Sep 28, 2015

GrowGeneration Corp

GrowGeneration Corp Logo

 

GrowGeneration is a private company ,whose plan is to open and operate hydroponic/specialty gardening stores and capitalize on the rapid growth from the legalization of marijuana and home gardening in the U.S. The GrowGeneration brand will be its flagship for all of its retail stores, as well as its brand for its own exclusive private label products.

The plans to open up 10 Super stores . These stores will be used as central warehouses for the smaller stores that will fill out a region

Currently, GrowGeneration is the largest chain of hydroponic stores in Southern Colorado. Existing stores have grown 40% YOY with estimated sales of over $2.0m in FY 2014, up from $1.4m in FY 2013. The Company expects significant economies of scale, including approximately 6-10% margin expansion ,through volume purchase discounts pre-negotiated with the 3 largest distributors.

The Company is currently private, with zero debt, 6,000,000 shares outstanding, and after this private placement, intends to pursue a public market pathway to realize greater investor liquidity and higher valuation multiples.

We are seeking a minimum of $2,500,000- $4,500,000 in equity.

Products / Services

Organic soils and nutrients, digital lights , hydroponic equipments, indoor greenhouse supplies
Organic and Speciality products for the professional grower
Organic Nutrients

General Hydroponics, Botanicare, and other popular brands

 

Contact Information:

Darren Lampert
[email protected]

View Related News >
support