A little-known organic garden center supplier has outpaced the likes of Amazon and Netflix on the stock market throughout the pandemic. Knotty cannabis laws should continue to fertilize its growth.
Nasdaq-listed GrowGeneration owns a chain of 58 stores across the U.S. that sell “hydroponic” equipment including the heat lamps and trays needed to grow plants indoors without soil. The gear can be used for trendy organic vertical farming. But most of GrowGeneration’s business is done with cannabis growers, including everyone from big U.S. cultivators to home-grow enthusiasts.
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