GrowGeneration Acquires California-Based Grassroots Hydroponics, Expands Footprint in SoCal, December 15, 2020

On December 15, GrowGeneration Corp. (NASDAQ: GRWG) the nation's largest chain of specialty hydroponic and organic garden centers and a Merida portfolio company, announced its acquisition of Grassroots Hydroponics, a three-store chain of hydroponic garden centers in Southern California. The acquisition kick starts GrowGen's plans for rapid expansion in the region, with three high-volume retail locations in Anza, Lake Elsinore and Murrieta. With these additions, GrowGen will operate 13 stores in the booming California cultivation market and 39 total retail locations across the country.

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