growgeneration corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the united states. it engages in the marketing and distribution of horticultural, organics, and lighting and hydroponics products, including lighting fixtures, nutrients, seeds and growing media, systems, trays, fans, filters, humidifiers and dehumidifiers, timers, instruments, water pumps, irrigation supplies, and hand tools. the company also operates growgen.pro, an online e-commerce store. the company serves commercial and urban cultivators growing specialty crops, including organics, greens, and plant-based medicines. as of march 27, 2020, it operated a chain of 27 retail and commercial hydroponic/gardening centers, including 5 locations in colorado, 4 locations in california, 4 locations in michigan, 2 locations in nevada, 1 location in washington, 1 location in oregon, 4 locations in oklahoma, 1 location in rhode island, 3 locations in maine, 1 location in florida,
Company profile
Ticker
GRWG
Exchange
Website
CEO
Darren Lampert
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
EasyLife, Corp.
SEC CIK
Corporate docs
Subsidiaries
GrowGeneration Proprietary Brands, Inc. • GrowGeneration USA, Inc. • GrowGeneration Canada Corp. • GGen Distribution Corp. ...
GRWG stock data
Latest filings (excl ownership)
8-K
GrowGeneration Announces Share Repurchase Program
25 Mar 24
8-K/A
Regulation FD Disclosure
14 Mar 24
10-K
2023 FY
Annual report
13 Mar 24
8-K
GrowGeneration Reports Fourth Quarter and Full Year 2023 Financial Results; Provides First Quarter and Full Year 2024 Guidance
13 Mar 24
8-K
GrowGeneration Provides Full-Year 2023 Guidance Update Ahead of the 26th Annual ICR Conference
9 Jan 24
UPLOAD
Letter from SEC
4 Dec 23
CORRESP
Correspondence with SEC
17 Nov 23
10-Q
2023 Q3
Quarterly report
8 Nov 23
8-K
GrowGeneration Reports Third Quarter 2023 Financial Results
8 Nov 23
UPLOAD
Letter from SEC
8 Nov 23
Transcripts
GRWG
Earnings call transcript
2023 Q4
13 Mar 24
GRWG
Earnings call transcript
2023 Q3
8 Nov 23
GRWG
Earnings call transcript
2023 Q2
8 Aug 23
GRWG
Earnings call transcript
2023 Q1
9 May 23
GRWG
Earnings call transcript
2022 Q4
15 Mar 23
GRWG
Earnings call transcript
2022 Q3
8 Nov 22
GRWG
Earnings call transcript
2022 Q2
5 Aug 22
GRWG
Earnings call transcript
2022 Q1
11 May 22
GRWG
Earnings call transcript
2021 Q4
2 Mar 22
GRWG
Earnings call transcript
2021 Q3
11 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 31.41 mm | 31.41 mm | 31.41 mm | 31.41 mm | 31.41 mm | 31.41 mm |
Cash burn (monthly) | (no burn) | 3.30 mm | 2.77 mm | 3.20 mm | 1.53 mm | (no burn) |
Cash used (since last report) | n/a | 22.05 mm | 18.47 mm | 21.35 mm | 10.24 mm | n/a |
Cash remaining | n/a | 9.36 mm | 12.94 mm | 10.06 mm | 21.18 mm | n/a |
Runway (months of cash) | n/a | 2.8 | 4.7 | 3.1 | 13.8 | n/a |
Institutional ownership, Q3 2023
41.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 141 |
Opened positions | 19 |
Closed positions | 27 |
Increased positions | 33 |
Reduced positions | 39 |
13F shares | Current |
---|---|
Total value | 63.10 bn |
Total shares | 25.69 mm |
Total puts | 129.40 k |
Total calls | 521.90 k |
Total put/call ratio | 0.2 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 4.17 mm | $12.17 bn |
Vanguard | 2.91 mm | $8.51 bn |
Merida Capital Partners | 1.78 mm | $71.44 mm |
AdvisorShares Trust | 1.75 mm | $0.00 |
Dimensional Fund Advisors | 1.59 mm | $4.66 bn |
Geode Capital Management | 1.27 mm | $3.70 bn |
Primecap Management | 1.16 mm | $3.39 bn |
STT State Street | 1.05 mm | $3.07 bn |
AWM Investment | 850.69 k | $2.48 bn |
Voya Investment Management | 737.56 k | $2.15 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Dec 23 | Salaman Michael | Common Stock | Grant | Acquire A | No | No | 0 | 25,000 | 0.00 | 1,290,075 |
15 Dec 23 | Salaman Michael | Common Stock | Grant | Acquire A | No | No | 0 | 25,000 | 0.00 | 1,265,075 |
15 Dec 23 | Gregory Kevin Sanders | Common Stock | Grant | Acquire A | No | No | 0 | 2,671 | 0.00 | 74,465 |
15 Dec 23 | Gregory Kevin Sanders | Common Stock | Grant | Acquire A | No | No | 0 | 21,374 | 0.00 | 71,794 |
15 Dec 23 | Lampert Darren | Common Stock | Grant | Acquire A | No | No | 0 | 25,000 | 0.00 | 1,383,120 |
15 Dec 23 | Lampert Darren | Common Stock | Grant | Acquire A | No | No | 0 | 25,000 | 0.00 | 1,358,120 |
15 Nov 23 | Salaman Michael | Common Stock | Buy | Acquire P | No | No | 2.3455 | 302,766 | 710.14 k | 1,240,075 |
15 Nov 23 | Lampert Darren | Common Stock | Buy | Acquire P | No | No | 2.3637 | 21,000 | 49.64 k | 1,333,120 |
14 Nov 23 | Salaman Michael | Common Stock | Buy | Acquire P | No | No | 2.1454 | 127,234 | 272.97 k | 937,309 |
14 Nov 23 | Lampert Darren | Common Stock | Buy | Acquire P | No | No | 2.1076 | 175,000 | 368.83 k | 1,312,120 |
News
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19 Apr 24
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17 Apr 24
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12 Apr 24
Press releases
Navigating the Growing Cannabis Stock Landscape in 2024
15 Apr 24
GrowGeneration to Participate in The Benzinga Cannabis Capital Conference
11 Apr 24
GrowGeneration Announces Share Repurchase Program
25 Mar 24
GrowGeneration Schedules Fourth Quarter and Full Year 2023 Earnings Release Conference Call for March 13, 2024
28 Feb 24
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