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GrowGeneration Corp. (NASDAQ: GRWG) slumped in late trading on Thursday after second-quarter results missed expectations — showing that consumer demand for hydroponics in the nation remained muted as a lack of regulatory guidance and recessionary pressures in the sector...
GrowGeneration press release ( NASDAQ: GRWG ): Q2 GAAP EPS of -$2.24 misses by $2.16 . Revenue of $71.09M (-43.5% Y/Y) misses by $11.5M . Shares +5% . Comparable store sales for the quarter decreased 56.9%. Revenue guidance for FY2022 updated to be ...
GrowGeneration Corp. (NASDAQ: GRWG) (“GrowGen” or the “Company”), the largest chain of specialty hydroponic and organic garden centers with 62 locations across 14 states, today reported financial results for the second quarter ended June 30, 2022. S...
Canopy Growth ( NASDAQ: CGC ) has spearheaded a surge in the shares of Canadian cannabis players with a ~12% gain Tuesday after the company appointed a former executive at Aphria as its new Chief Legal Officer. Christelle Gedeon who is set to take over the role effecti...
Top Marijuana Stocks For Better Trading This Month? As the first week of August begins some marijuana stocks are starting to look better than others. With a new month of trading here the speculation on what could occur may be helping to see an increase in momentum. Also, many shareh...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The marijuana industry got hammered on the stock market last year due to regulatory hiccups. However, recent developments point to a more encouraging future. Nevertheless, the current macro-environment has played spoilsport...
We are bullish on the hydroponics industry but the drawback for GrowGeneration is being inextricably wed to the cannabis industry with its sluggish revenue. Year over year and store sales were reported down for the quarter in May. The stock peaked during the pandemic but fell from the...
Best Marijuana Stocks For The Second Half Of 2022 Are you currently looking for the top marijuana stocks ? The bulk of the cannabis industry saw fresh lows in July. As July draws to a close, the market as a whole and the price of marijuana stocks both exhibited signs of growth. The ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips “It could be a decisive year for cannabis;” I’ve heard that phrase many times before; it’s typically wishful thinking. 2022 though, is likely to be different and could be a major breakthrough for...
Best Cannabis Stocks And July Upside Are you trying to find the best marijuana stocks right now ? In July, the majority of the cannabis sector saw new lows. We are now in the final week of July, and both the market as a whole and marijuana stock prices are on the rise. Even if this ...
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2024-07-25 09:00:03 ET Ancillary Cannabis Stocks Poised for Growth in August The cannabis industry in the United States is experiencing rapid growth. In 2023, the market was valued at $10 billion. Analysts predict it could reach $30 billion by 2025. This surge is fueled by increasing le...
GrowGeneration Corp. (NASDAQ: GRWG) (“GrowGen” or the “Company”), one of the largest retailers and distributors of specialty hydroponic and organic gardening products in the United States, today announced it will release its financial results for the second quarter...
Second Quarter net revenue expected to be over $53 million, a sequential increase of at least 10.6% quarter-over-quarter Fundamentally repositions the Company to deliver growth and expected to generate approximately $12 million in savings over the next 12 months GrowGene...