GrowGen’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

GrowGen owns and operates a chain of hydroponic and organic gardening stores that retails indoor and outdoor gardening supplies for home growers. Read more

Darren Lampert's photo - Co-Founder & CEO of GrowGen

Co-Founder & CEO

Darren Lampert

CEO Approval Rating

87/100

Founded:

2008

Status:

PublicNASDAQGRWG

TOP COMPETITORS OR ALTERNATIVES

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GRSO is GrowGen's top competitor. GRSO was founded in 2014 in New York, New York. GRSO competes in the Agricultural Products field. GRSO generates $121.8M less revenue than GrowGen.

Growers House is perceived as one of GrowGen's biggest rivals. Growers House's headquarters is in Tucson, Arizona, and was founded in 2011. Growers House is in the Retail Distributors industry. Growers House generates 21% of GrowGen's revenue.

AmHydro is one of GrowGen's top competitors. AmHydro is a Private company that was founded in Arcata, California in 1984. Like GrowGen, AmHydro also operates in the Agricultural Products industry. AmHydro has 154 fewer employees vs. GrowGen.

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Competitor - 1/1

Is Sunlight Supply a competitor of GrowGen?

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$136.7M

GrowGen's revenue is the ranked 1st among it's top 10 competitors. The top 10 competitors average 23.9M. Over the last four quarters, GrowGen's revenue has grown by 99.5%. Specifically, in Q2 2020's revenue was $43.5M; in Q1 2020, it was $33M; in Q4 2019, it was $79.7M; in Q3 2019, GrowGen's revenue was $21.8M.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Emerald City Garden

Aug 2020

Source »
undisclosed
ECG owns and operates an organic gardening store that sells hydroponic and aquaponic equipment for home growers.
H2O Hydroponics, LLC

Jun 2020

Source »
undisclosed
H2O is a retailer of hydroponic garden products that include seed starting, lighting fixtures, environmental controllers and growing accessories.
Healthy Harvest

Feb 2020

Source »
undisclosed
Healthy Harvest manufactures and supplies indoor gardening and hydroponics products that include light reflectors, lightening kits and bulbs.
Grow World

Dec 2019

Source »
undisclosed
Grow World designs and manufactures grow-rooms, portable grow-containers, greenhouses and aquaponics supplies.
Palm Springs Hydroponics and Organics

Feb 2019

Source »
undisclosed
Palm Springs is a supplier of indoor and outdoor gardening products such as ultra-sun lamps, hardcore remote ballast and low tide drip trays.

These are all the companies that GrowGen has acquired. GrowGen has acquired 11 companies and its latest acquisition was Emerald City Garden in Aug 2020. ECG owns and operates an organic gardening store that sells hydroponic and aquaponic equipment for home growers.

GrowGen Funding History

$600K$3.9M$5M$8.6M$27.6M$40.4M

Since GrowGen was founded in 2008, it has participated in 10 rounds of funding. In total GrowGen has raised $40.4M. GrowGen's last funding round was on May 2019 for a total of $12.8M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Private Placement
May 2019
$12.8M

Gotham Green Partners

Equity
May 2018
$10M
-
Convertible Note
Jan 2018
$9M
Equity
May 2017
$2M
-
Equity
Feb 2017
$1.6M

Total Funding: $40.4M

Since GrowGen was founded in 2008, it has participated in 10 rounds of funding. In total GrowGen has raised $40.4M. GrowGen's last funding round was on May 2019 for a total of $12.8M

Investments

No recent investments found related to GrowGen

GrowGen News

August 24, 2020PageOne

GrowGeneration Corp is under investigation for false financial statements

(Business Wire) - The Schall Law Firm, a national shareholder rights litigation firm, announces that.... See more »
August 24, 2020News Break

GrowGeneration -15% after disclosure of insider sales | News Break

GRWG -14.52% premarket after a bruising couple of days last week. See all of GrowGeneration's filings... See more »
August 21, 2020ValueWalk

GrowGeneration Has The Brightest Management Red Flags

GrowGeneration Corp (NASDAQ:GRWG): This Latest Euphoric Retail Stock Has The Brightest Management Red... See more »
August 20, 2020Seeking Alpha

Killing It On All Fronts

August 18, 2020MarketScreener

CEO says Cannabis 'Business is Booming' After Company Ups Guidance

(marketscreener.com) GrowGeneration CEO says Cannabis 'Business is Booming' After Company Ups Guidanc... See more »
August 18, 2020RTTNews

GrowGeneration Climbs To New 52-week High

Shares of GrowGeneration Corp. (GRWG) are rising more than 10 percent or $1.64 in Tuesday's morning t... See more »

GrowGen Blogs

GrowGen Press Releases

June 10, 2020LD Micro

GrowGeneration Announces $35,000,000 Follow-On Public Offering

Read this press release and other recent news about GrowGeneration Corp. (GRWG) at ldmicro.com... See more »
April 22, 2020centralcharts

GrowGeneration to Host its 2020 Annual Meeting of Stockholders in Virtual Format Only

GrowGeneration to Host its 2020 Annual Meeting of Stockholders in Virtual Format Only PR Newswire DEN... See more »
February 26, 2020centralcharts

GrowGeneration Corp. Acquires Florida-based Healthy Harvest

GrowGeneration Corp. Acquires Florida-based Healthy Harvest PR Newswire DENVER, Feb. 26, 2020 Adds 10... See more »
January 9, 2020PR Newswire

GrowGeneration CEO, Darren Lampert and President, Michael Salaman to Present at The ICR Conference 2020

DENVER, Jan. 9, 2020 /PRNewswire/ - GrowGeneration Corp. (NASDAQ: GRWG), ("GrowGen" or the "Company")... See more »
December 18, 2019centralcharts

GrowGeneration Purchases all the Assets of GrowWorld

GrowGeneration Purchases all the Assets of GrowWorld PR Newswire DENVER, Dec. 18, 2019 Adds 9 th Stat... See more »
December 9, 2019PR Newswire

GrowGeneration Corp. To Exhibit at MJBIZCON 2019 Las Vegas

DENVER, CO, Dec. 9, 2019 /PRNewswire/ - GrowGeneration Corp. (NASDAQ: GRWG), ("GrowGen" or the "Compa... See more »
November 11, 2019PR Newswire

GrowGeneration Reports Record Q3 2019 Revenues and Net Income

Company Raises Revenue Guidance to $74M-$76M DENVER, Nov. 11, 2019 /PRNewswire/ - GrowGeneration Corp... See more »

GrowGen Videos

Social Statistics

Headquarters

1000 West Mississippi Avenue

Denver, Colorado80233

303-386-4796

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Summary

ABOUT

Overview

GrowGen owns and operates a chain of hydroponic and organic gardening stores that retails indoor and outdoor gardening supplies for home growers. GrowGen was founded in 2008. GrowGen's headquarters is located in Denver, Colorado, USA 80233. It has rai...

CEO

GrowGen's Co-Founder & CEO, Darren Lampert, currently has an approval rating of 87%. GrowGen's primary competitors are GRSO, Growers House & AmHydro.

Website

growgeneration.com

Frequently Asked Questions about GrowGen

  1. When was GrowGen founded?

    GrowGen was founded in 2008
  2. Who is GrowGen's CEO?

    GrowGen's CEO is Darren Lampert
  3. How much revenue does GrowGen generate?

    GrowGen generates $136.7M in revenue
  4. How much funding does GrowGen have?

    GrowGen has historically raised $40.4M in funding
  1. Where is GrowGen's headquarters?

    GrowGen's headquarters is in Denver Colorado, USA
  2. How many employees does GrowGen have?

    GrowGen has 184 employees
  3. What sector does GrowGen operate in?

    GrowGen is in Agricultural Products
  4. Who are GrowGen's competitors?

    GrowGen's top competitors are GRSO, Growers House, AmHydro