Why I'd Steer Clear of GrowGeneration for Now

Why I'd Steer Clear of GrowGeneration for Now
·4 min read

Following a September swoon across the broader market, many cannabis operators found their stock prices tumbling. This included GrowGeneration (NASDAQ: GRWG), an ancillary cannabis company specializing in accessories such as lighting and hydroponics to support cannabis plant growth. Unfortunately for GrowGeneration, the real tumble started before September, even though its second-quarter results posted on Aug. 12 highlighted numbers that appeared to show promising growth.

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