SNNLive spoke with Michael Salaman, President & Co-Founder of GrowGeneration Corp. (OTCQB: GRWG) at the LD Micro Invitational 2017 in Bel Air, CA.
For more information about GrowGeneration Corp.'s, please visit: http://www.growgeneration.com/
The interview may contain forward looking statements about GrowGeneration Corp. See GrowGeneration's periodic filings with the Securities and Exchange Commission for more complete information.
About GrowGeneration Corp.
GrowGeneration Corp. ("GrowGen") owns and operates specialty retail hydroponic and organic gardening stores. Currently, GrowGen has 12 stores, which includes nine locations in Colorado, two locations in California, and one location in Nevada. GrowGen carries and sells thousands of products, including organic nutrients and soils, advanced lighting technology and state of the art hydroponic equipment to be used indoors and outdoors by commercial and home growers. Our mission is to own and operate GrowGeneration branded stores in all of the major legalized cannabis states. Management estimates that roughly 1,000 hydroponic stores are in operation in the U.S. According to New Frontier Data, the U.S. legal cannabis market was $6.6 billion in 2016, and is expected to reach $8.0 billion at the end of 2017. By 2025, the market is estimated to reach over $24 billion with a compound annual growth rate of 16%.
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