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home / news releases / GRWG - GrowGeneration: Valuation Stretched After 900% Gain

GRWG - GrowGeneration: Valuation Stretched After 900% Gain

GrowGeneration Corp.
  • GRWG has gone up nearly 900% in 2020 so far, driven by strong business performance and a resurgence of cannabis stocks.
  • The company is capitalizing on the strong stock market to raise capital and accelerate roll-up acquisitions.
  • The business is a low-margin retail business and has benefited greatly from stay-home COVID restrictions and the growing cannabis industry.
  • Valuation has gotten too high for this stock which implies limited upside and a high risk of a correction; we suggest wait for better entry points.

For further details see:

GrowGeneration: Valuation Stretched After 900% Gain
Stock Information
Company Name: GrowGeneration Corp.
Stock Symbol: GRWG
Market: OTC
Website: growgeneration.com
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