GrowGeneration Stock Slightly Down After Announcing Acquisition Of Mendocino Greenhouse And Garden Supply

Hydroponics Innovator GrowGeneration Corp. (NASDAQ: GRWG) disclosed Thursday that it is acquiring Mendocino Greenhouse and Garden Supply.

The move follows the company's recent acquisition of a hydroponic supply center and the cultivation design innovator, The Harvest Company.

The Denver-based company opted to purchase a Northern -based hydroponic garden center located in Mendocino, California, with sales that are expected to surpass $8 million on an annual basis.

The acquisition boosts GrowGen's footprint to 58 locations nationwide.

Mendocino Greenhouse …

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