GrowGeneration Announces New Store in Traverse City, Michigan

DENVER, 17 January 2023–(BUSINESS WIRE)–GrowGeneration Corp. (NASDAQ: GRWG) (“GrowGen” or the “Company”), the largest chain of specialty hydroponic and organic garden centers in the United States, today announced the acquisition of inventory and equipment from The Grow Store, a family owned and operated business located in Traverse City, Michigan, with roots dating back to 1997 as one of the first hydroponics and indoor garden centers in the country. GrowGen also purchased the Traverse City, MI store at 90 N. US 31 S. as part of the transaction.

Darren Lampert, Chief Executive Officer and Co-Founder of GrowGen, stated that “We are excited about expanding our retail footprint into northern Michigan in order to more efficiently service the many growers within that region.” The Grow Store was a huge success, and we are thrilled to continue that legacy in Traverse City.

Mr. Lampert stated, “GrowGen remains dedicated to providing high-quality product and having the largest selection, best service and most knowledgeable grow professionals within the industry. This transaction supports our commitments and expands our portfolio of stores to best service both commercial and home-grow customers.

About GrowGeneration Corp.

GrowGen operates specialty retail hydroponics and organic gardening centers. GrowGen currently has 60 locations across 16 states. These include 21 locations located in California, 7 in Michigan, 6 in Colorado, 5 in Maine, 5 in Oklahoma, 4 in Oregon and 3 in Washington. GrowGen has an online superstore for growers at growgeneration.com. GrowGen stocks and sells thousands, including advanced lighting technology, organic nutrients, and soils. They also offer state-of-the-art hydroponic equipment that can be used indoors or outdoors by home and commercial growers.

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