GrowLife

GrowLife is a Washington-based agricultural firm that manufactures and supplies hydroponics equipment and cultivation supplies for the farming sector. Read more

43 Followers on Owler
43 Followers on Owler
43 Followers on Owler
43 Followers on Owler

GrowLife

GrowLife is a Washington-based agricultural firm that manufactures and supplies hydroponics equipment and cultivation supplies for the farming sector. Read more

Marco Hegyi's photo - President & CEO of GrowLife

President & CEO

Marco Hegyi

CEO Approval Rating

89/100

Founded:

2001

Status:

PublicIndependent CompanyOTCMKTSPHOT

GROWLIFE TOP COMPETITORS OR ALTERNATIVES

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COMPANY

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EMPLOYEES

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Hydrofarm is GrowLife's top competitor. Hydrofarm is a Public company that was founded in Petaluma, California in 1977. Hydrofarm operates in the Agricultural Products industry. Hydrofarm has 317 more employees vs. GrowLife.

Hawthorne has been one of GrowLife's top competitors. Hawthorne is headquartered in Vancouver, Washington, and was founded in 2014. Hawthorne is in the Agricultural Products field. Hawthorne generates 10,451% the revenue of GrowLife.

Growers House is perceived as one of GrowLife's biggest rivals. Growers House was founded in 2011 in Tucson, Arizona. Growers House competes in the Agricultural Products field. Growers House generates $22.1M more revenue than GrowLife.

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GrowLife Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$7M

GrowLife's revenue is the ranked 8th among it's top 10 competitors. The top 10 competitors average 92M. Over the last three quarters, GrowLife's revenue has grown by 74.9%. Specifically, in Q4 2020's revenue was $3.2M; in Q3 2020, it was $1.4M; in Q2 2020, it was $1.8M.

GrowLife Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Ez-clone Enterprises Inc.

Oct 2018

Source »
undisclosed
EZ-CLONE manufactures commercial cloning and propagation products for indoor plant cultivation including cannabis, food and hydroponic farming.

-

-

Jun 2013

Source »
undisclosed
-

These are all the companies that GrowLife has acquired. GrowLife has acquired 2 companies and its latest acquisition was Ez-clone Enterprises Inc. in Oct 2018. EZ-CLONE manufactures commercial cloning and propagation products for indoor plant cultivation including cannabis, food and hydroponic farming.

GrowLife Funding History

Since GrowLife was founded in 2001, it has participated in 90 rounds of funding. In total GrowLife has raised $410.4M. GrowLife's last funding round was on Feb 2021 for a total of $3.1M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Feb 2021
$3.1M
-
Debt
Jan 2021
$69.8K
-
Equity
Dec 2020
$162.4K
-
Debt
Dec 2020
$58.9K
-
Debt
Oct 2020
$1.1M
-

Since GrowLife was founded in 2001, it has participated in 90 rounds of funding. In total GrowLife has raised $410.4M. GrowLife's last funding round was on Feb 2021 for a total of $3.1M

GrowLife Investments

No recent investments found related to GrowLife

These are all the companies that GrowLife has invested in. GrowLife has invested 2 companies and its latest investment was Ez-clone Enterprises Inc. in Oct 2018. EZ-CLONE manufactures commercial cloning and propagation products for indoor plant cultivation including cannabis, food and hydroponic farming.

GrowLife News

November 16, 2020MarketScreener

GrowLife, Inc. Reports Increased Backlog and Highlights Positioning for Future Opportunity in Quarterly Filing

(marketscreener.com) Summary: GrowLife shipped $1.4M in revenue for the periodGrowLife reported a $1.... See more »
August 18, 2020Benzinga

GrowLife Reports "An Up Quarter," Posts $1M In Backlog

GrowLife Inc. (OTCQB: PHOT) saw its revenue increase by 11% to $1.8 million during the second quarter... See more »
May 29, 2020Seeking Alpha

Growlife reports Q1 results

April 2, 2020Seeking Alpha

Growlife reports FY results

March 23, 2020OTC Markets Group

OTC Markets Group Welcomes Growlife Inc.

OTC Markets Group Welcomes Growlife Inc.... See more »
December 29, 2019Zolmax News

Growlife (OTCMKTS:PHOT) Reaches New 52-Week High at $0.50

Shares of Growlife Inc (OTCMKTS:PHOT) hit a new 52-week high during mid-day trading on Friday . The s... See more »

GrowLife Press Releases

March 5, 2020StreetInsider

GrowLife, Inc. Achieves $0.50/gram Production Rate with Vertical Grow Room and Releases Plans as Open Source

KIRKLAND, Wash., March 05, 2020 (GLOBE NEWSWIRE) --...... See more »
February 20, 2020GlobeNewswire

GrowLife/EZ-CLONE Announces Exclusive CBD Rich Hemp Clones for Sale

Newly Established Brand "EZ-CLONEZ" to Sell CBD Hemp Clones with Details Available on WebsitesNewly E... See more »
December 13, 2019GlobeNewswire

GrowLife/EZ-CLONE Announces Exclusive, Five-Year CBD Genetics Distribution Agreement

EZ-CLONEZ to include High Plains genetics across varying climatesEZ-CLONEZ to include High Plains gen... See more »
August 7, 2019GlobalNewswire

GrowLife, Inc. Announces Second Quarter Filing Date and Schedules Investor Conference Call for Aug. 12, 2019

KIRKLAND, Wash., Aug. 07, 2019 (GLOBE NEWSWIRE) -- GrowLife, Inc. (OTC:PHOT), one of the nation's mos... See more »
July 23, 2019GlobeNewswire

GrowLife, Inc. EZ-CLONE Pro Commercial Propagation System on Display at The California State Fair

Leading cultivation equipment supplier announces that the Company's advanced cloning solution for can... See more »
July 11, 2019GlobalNewswire

GrowLife, Inc. Receives Patent Issuance on Commercial Cloning System Designed for Hemp and Cannabis Industries

Leading cultivation equipment supplier announces the Company was issued patent number 2,985,009 by th... See more »

GrowLife Videos

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GrowLife Headquarters

5400 Carillon Point

Kirkland, Washington98033

866-781-5559

Driving Directions »

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GrowLife Summary

ABOUT

Overview

GrowLife is a Washington-based agricultural firm that manufactures and supplies hydroponics equipment and cultivation supplies for the farming sector. GrowLife was founded in 2001. GrowLife's headquarters is located in Kirkland, Washington, USA 98033....

CEO

GrowLife's President & CEO, Marco Hegyi, currently has an approval rating of 89%. GrowLife's primary competitors are Hydrofarm, Hawthorne & Growers House.

Website

growlifeinc.com

Frequently Asked Questions about GrowLife

  1. When was GrowLife founded?

    GrowLife was founded in 2001
  2. Who is GrowLife's CEO?

    GrowLife's CEO is Marco Hegyi
  3. How much revenue does GrowLife generate?

    GrowLife generates $7M in revenue
  4. How much funding does GrowLife have?

    GrowLife has historically raised $410.4M in funding
  1. Where is GrowLife's headquarters?

    GrowLife's headquarters is in Kirkland Washington, USA
  2. How many employees does GrowLife have?

    GrowLife has 10 employees
  3. What sector does GrowLife operate in?

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

    GrowLife's top competitors are Hydrofarm, Hawthorne, Growers House