GrowGeneration Acquires Peer San Diego Hydroponics & Organics

GrowGeneration Acquires Peer San Diego Hydroponics & Organics

Ever eager to grow its footprint, GrowGeneration (NASDAQ: GRWG) has made a fresh acquisition in California. The hydroponics retailer announced Tuesday that it is acquiring its peer San Diego Hydroponics & Organics, a four-store chain located in the eponymous Southern California county. GrowGeneration did say that its new asset produces revenue "approaching" $10 million (presumably, that's an annual figure).