GrowGeneration (GRWG)

Company Profile

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

NASDAQ

Website

growgeneration.com

CEO

Darren Lampert

Incorporated

Colorado

Location

Colorado

Fiscal year end

Dec 31

Sector

Wholesale Trade > Farm Supplies Merchant Wholesalers

Industry (SIC)

Retail - Building Materials, Hardware, Garden Supply

Sherwin-Williams • Fastenal • Tractor Supply • iPower • Bally • Wolseley • ZKH ...

Former names

EasyLife, Corp.

SEC CIK

0001604868

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

GrowGeneration Proprietary Brands, Inc. • GrowGeneration USA, Inc. • GrowGeneration Canada Corp. • GGen Distribution Corp. ...

GRWG stock data

1M 1Y 5Y

Latest filings (excl ownership)

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8-K

GrowGeneration Reports Second Quarter 2023 Financial Results

8 Aug 23

Submission of Matters to a Vote of Security Holders

23 Jun 23

8-K

Entry into a Material Definitive Agreement

20 Jun 23

8-K/A

Entry into a Material Definitive Agreement

16 Jun 23

8-K

GrowGeneration Acquires Two Stores in Alaska to Expand Its Geographic Footprint Into 18th State

25 May 23

8-K

GrowGeneration Reports First Quarter 2023 Financial Results

9 May 23

28 Apr 23

Regulation FD Disclosure

26 Apr 23

Transcripts

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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

GRWG

Earnings call transcript

2021 Q2

12 Aug 21

GRWG

Earnings call transcript

2021 Q1

13 May 21

Latest ownership filings

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Gregory Kevin Sanders

Gregory Kevin Sanders

5 Jun 23

Gregory Kevin Sanders

14 Feb 23

SC 13G/A

ETF MANAGERS GROUP, LLC

Financial summary

Financial statements Chart GRWG financial data

Quarter (USD)	Jun 23	Mar 23	Dec 22	Sep 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
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)	29.59 mm	29.59 mm	29.59 mm	29.59 mm	29.59 mm	29.59 mm
Cash burn (monthly)	11.05 mm	2.17 mm	2.19 mm	3.18 mm	(no burn)	(no burn)
Cash used (since last report)	31.11 mm	6.10 mm	6.16 mm	8.96 mm	n/a	n/a
Cash remaining	-1.52 mm	23.49 mm	23.43 mm	20.63 mm	n/a	n/a
Runway (months of cash)	-0.1	10.8	10.7	6.5	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2023

GRWG institutional ownership history Ownership history

41.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	148	156	-5.1%
Opened positions	16	19	-15.8%
Closed positions	24	35	-31.4%
Increased positions	40	41	-2.4%
Reduced positions	41	41	–

13F shares	Current	Prev Q	Change
Total value	72.52 bn	86.12 bn	-15.8%
Total shares	25.66 mm	29.45 mm	-12.9%
Total puts	170.10 k	300.30 k	-43.4%
Total calls	522.70 k	643.00 k	-18.7%
Total put/call ratio	0.3	0.5	-30.3%

Largest owners	Shares	Value	Change
BLK Blackrock	4.33 mm	$14.73 bn	+5.9%
Vanguard	2.90 mm	$9.87 bn	-1.4%
Merida Capital Partners	1.78 mm	$71.44 mm	0.0%
AdvisorShares Trust	1.75 mm	$0.00	0.0%
Dimensional Fund Advisors	1.37 mm	$4.64 bn	+29.7%
Geode Capital Management	1.23 mm	$4.17 bn	+4.0%
Primecap Management	1.16 mm	$3.94 bn	0.0%
STT State Street	1.06 mm	$3.60 bn	+1.1%
D. E. Shaw & Co.	1.05 mm	$3.57 bn	-33.4%
Millennium Management	864.04 k	$2.94 bn	NEW

Largest transactions	Shares	Bought/sold	Change
Etf Managers	0.00	-4.09 mm	EXIT
Millennium Management	864.04 k	+864.04 k	NEW
D. E. Shaw & Co.	1.05 mm	-526.08 k	-33.4%
Balyasny Asset Management	0.00	-440.38 k	EXIT
Merlin Capital	364.69 k	+364.69 k	NEW
Dimensional Fund Advisors	1.37 mm	+312.48 k	+29.7%
BLK Blackrock	4.33 mm	+243.00 k	+5.9%
Landscape Capital Management, L.L.C.	0.00	-241.79 k	EXIT
Gsa Capital Partners	0.00	-240.53 k	EXIT
AWM Investment	200.00 k	+200.00 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

GRWG insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
10 Aug 23	Aiello Stephen	Common Stock	Grant	Acquire A	No	No	0	20,000	0.00	394,977
10 Aug 23	Paul F. Jr. Ciasullo	Common Stock	Grant	Acquire A	No	No	0	20,000	0.00	442,500
10 Aug 23	Eula L Adams	Common Stock	Grant	Acquire A	No	No	0	25,000	0.00	52,870
15 Jun 23	Gregory Kevin Sanders	Common Stock	Grant	Acquire A	No	No	0	21,375	0.00	50,420
1 Jun 23	Gregory Kevin Sanders	Common Stock	Grant	Acquire A	No	No	3.69	1,802	6.65 k	29,045