Is GrowGeneration a Buy?

If you're looking to invest in the cannabis industry but don't want to worry about the risks of buying shares of pot producers, you may want to consider gardening and hydroponics company GrowGeneration (NASDAQ: GRWG). Hydroponics is a way to grow plants without the use of soil, and GrowGeneration supplies cannabis producers with many necessities for growing both hydroponically and traditionally, including greenhouse materials and grow lights. Since it's not selling marijuana, GrowGeneration doesn't need to worry about pot being illegal at the federal level.