2024-06-21 03:50:05 ET
Summary
- GrowGeneration showed improved financial performance in its last Q1-2024 quarterly report.
- The company plans to close more retail stores, expand online sales, and increase proprietary product sales.
- GrowGeneration stock remains undervalued with potential for long-term growth.
- The company feels that cannabis rescheduling will increase demand for its products and services.
- I continue my rating of a Hold.
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GrowGeneration Sees Growth Opportunities In Cannabis Rescheduling (Maintaining Hold)