{"id":515049,"date":"2021-07-20T08:34:14","date_gmt":"2021-07-20T12:34:14","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/growgeneration-acquires-aqua-serene-expands-footprint-in-oregons-southern-green-belt\/"},"modified":"2021-07-20T08:34:14","modified_gmt":"2021-07-20T12:34:14","slug":"growgeneration-acquires-aqua-serene-expands-footprint-in-oregons-southern-green-belt","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/growgeneration-acquires-aqua-serene-expands-footprint-in-oregons-southern-green-belt\/","title":{"rendered":"GrowGeneration Acquires Aqua Serene, Expands Footprint in Oregon&#8217;s Southern &#8220;Green Belt&#8221;"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <b><br \/>\n          <i>Acquisition Brings Number of GrowGen Locations Nationwide to 5<\/i><br \/>\n        <\/b><br \/>\n        <b><br \/>\n          <i>7<\/i><br \/>\n        <\/b>\n      <\/p>\n<p>\n        <span class=\"xn-location\">DENVER<\/span>, <span class=\"xn-chron\">July 20, 2021<\/span> \/PRNewswire\/ &#8211;\u00a0<u><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3233470-1&amp;h=691436789&amp;u=http%3A%2F%2Fgrowgeneration.com%2F&amp;a=GrowGeneration+Corp\" target=\"_blank\" rel=\"nofollow noopener\">GrowGeneration Corp<\/a><\/u>. (NASDAQ: <u>GRWG<\/u>), (&#8220;GrowGen&#8221; or the &#8220;Company&#8221;) the nation&#8217;s largest chain of specialty hydroponic and organic garden centers, today announced its acquisition of Aqua Serene, a southern <span class=\"xn-location\">Oregon<\/span>-based hydroponic garden center with stores in <span class=\"xn-location\">Eugene<\/span> and <span class=\"xn-location\">Ashland<\/span>, Oregon.\u00a0 Aqua Serene is one of <span class=\"xn-location\">Oregon&#8217;s<\/span> largest indoor\/outdoor garden center, with revenue of over <span class=\"xn-money\">$14 million<\/span> annually.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1577599\/GrowGeneration_GrowGeneration_Acquires_Aqua_Serene__Expands_Foot.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1577599\/GrowGeneration_GrowGeneration_Acquires_Aqua_Serene__Expands_Foot.jpg\" title=\"GrowGeneration Acquires Aqua Serene, Expands Footprint in Oregon\u2019s Southern \u201cGreen Belt\u201d (CNW Group\/GrowGeneration)\" alt=\"GrowGeneration Acquires Aqua Serene, Expands Footprint in Oregon\u2019s Southern \u201cGreen Belt\u201d (CNW Group\/GrowGeneration)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>&#8220;As the country&#8217;s fourth largest legal cannabis market, <span class=\"xn-location\">Oregon<\/span> continues to be a critical market for GrowGeneration,&#8221; said <span class=\"xn-person\">Darren Lampert<\/span>, GrowGen&#8217;s CEO. &#8220;The <span class=\"xn-location\">Oregon<\/span> market, in particular, represents tremendous market potential, with over thirteen hundred recreational producer cultivation licenses in the state.\u00a0GrowGen is proud to expand its presence in the area through the acquisition of highly respected and leading hydroponics stores such as Aqua Serene. &#8220;<\/p>\n<p>Aqua Serene has provided <span class=\"xn-location\">Oregon<\/span> growers with specialty hydroponic supplies and professional horticultural consultation services for over two decades. The Aqua Serene team of\u00a0 10 employees will join GrowGen&#8217;s team of over 600 grow professionals as part of the transaction.<\/p>\n<p>For more information about GrowGen, or to locate its stores, please visit <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3233470-1&amp;h=4058445764&amp;u=http%3A%2F%2Fwww.growgeneration.com%2F&amp;a=www.growgeneration.com\" target=\"_blank\" rel=\"nofollow noopener\">www.growgeneration.com<\/a>.<\/p>\n<p>\n        <b>About GrowGeneration Corp:<\/b>\n      <\/p>\n<p>GrowGen owns and operates specialty retail hydroponic and organic gardening centers. Currently, GrowGen has 57 stores, which include 20 locations in <span class=\"xn-location\">California<\/span>, 8 locations in <span class=\"xn-location\">Colorado<\/span>, 7 locations in <span class=\"xn-location\">Michigan<\/span>, 5 locations in <span class=\"xn-location\">Maine<\/span>, 5 locations in <span class=\"xn-location\">Oklahoma<\/span>, 4 locations in <span class=\"xn-location\">Oregon<\/span>, 2 locations in <span class=\"xn-location\">Nevada<\/span>, 2 locations in <span class=\"xn-location\">Washington<\/span>, 1 location in <span class=\"xn-location\">Arizona<\/span>, 1 location in Rhode Island,1 location in <span class=\"xn-location\">Florida<\/span>, and 1 location in <span class=\"xn-location\">Massachusetts<\/span>.<\/p>\n<p>GrowGen also operates an online superstore for cultivators at<a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3233470-1&amp;h=839477297&amp;u=http%3A%2F%2Fgrowgeneration.com%2F&amp;a=growgeneration.com\" target=\"_blank\" rel=\"nofollow noopener\">growgeneration.com<\/a> and B2B platform, <a href=\"http:\/\/www.agron.io\" rel=\"nofollow\">www.agron.io<\/a>. GrowGen carries and sells thousands of products, including organic nutrients and soils, advanced lighting technology and state of the art hydroponic equipment to be used indoors and outdoors by commercial and home growers<s>.<\/s><\/p>\n<p>\n        <b>Forward Looking Statements:<\/b>\n      <\/p>\n<p>This press release may include predictions, estimates or other information that might be considered forward-looking within the meaning of applicable securities laws. While these forward-looking statements represent current judgments, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect opinions only as of the date of this release. Please keep in mind that the company does not have an obligation to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events. When used herein, words such as &#8220;look forward,&#8221; &#8220;believe,&#8221; &#8220;continue,&#8221; &#8220;building,&#8221; or variations of such words and similar expressions are intended to identify forward-looking statements. Factors that could cause actual results to differ materially from those contemplated in any forward-looking statements made by us herein are often discussed in filings made with the United States Securities and Exchange Commission, available at:<a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3233470-1&amp;h=769125514&amp;u=http%3A%2F%2Fwww.sec.gov%2Fedgar%2Fsearchedgar%2Fcompanysearch.html&amp;a=www.sec.gov%2C\" target=\"_blank\" rel=\"nofollow noopener\">www.sec.gov,<\/a> and on the company&#8217;s website, at:<a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3233470-1&amp;h=4058445764&amp;u=http%3A%2F%2Fwww.growgeneration.com%2F&amp;a=www.growgeneration.com\" target=\"_blank\" rel=\"nofollow noopener\">www.growgeneration.com<\/a>.<\/p>\n<p>\n        <b>Company Inquiries:<br \/><\/b>GrowGeneration Corp.<br \/>610-216-0057<br \/><a href=\"mailto:michael@growgeneration.com\" target=\"_blank\" rel=\"nofollow noopener\">michael@growgeneration.com<\/a><\/p>\n<p>\n        <b>Investor Contact:<br \/><\/b><br \/>\n        <span class=\"xn-person\">John Evans<\/span><br \/>\n        <br \/>GrowGeneration<br \/>415-309-0230<br \/><a href=\"mailto:john.evans@growgeneration.com\" target=\"_blank\" rel=\"nofollow noopener\">john.evans@growgeneration.com<\/a><\/p>\n<p>\n        <b>Connect:<br \/><\/b>Website:<a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3233470-1&amp;h=1884832757&amp;u=http%3A%2F%2Fwww.growgeneration.com%2F&amp;a=%C2%A0\" target=\"_blank\" rel=\"nofollow noopener\">\u00a0<\/a><u><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3233470-1&amp;h=1771987763&amp;u=http%3A%2F%2Fwww.growgeneration.com%2F&amp;a=www.GrowGeneration.com\" target=\"_blank\" rel=\"nofollow noopener\">www.GrowGeneration.com<\/a><\/u><br \/><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3233470-1&amp;h=945600314&amp;u=https%3A%2F%2Fwww.instagram.com%2Fgrowgen%2F&amp;a=Instagram%3A+\" target=\"_blank\" rel=\"nofollow noopener\">Instagram: <\/a><u><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3233470-1&amp;h=4294255182&amp;u=https%3A%2F%2Fwww.instagram.com%2Fgrowgen%2F&amp;a=growgen\" target=\"_blank\" rel=\"nofollow noopener\">growgen<\/a><\/u><br \/><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3233470-1&amp;h=2146315473&amp;u=https%3A%2F%2Fwww.facebook.com%2FGrowGenerationCorp%2F&amp;a=Facebook%3A+\" target=\"_blank\" rel=\"nofollow noopener\">Facebook: <\/a><u><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3233470-1&amp;h=1116777749&amp;u=https%3A%2F%2Fwww.facebook.com%2FGrowGenerationCorp%2F&amp;a=GrowGenerationCorp\" target=\"_blank\" rel=\"nofollow noopener\">GrowGenerationCorp<\/a><\/u><br \/><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3233470-1&amp;h=2615696298&amp;u=https%3A%2F%2Ftwitter.com%2FGrowGenCorp&amp;a=Twitter%3A\" target=\"_blank\" rel=\"nofollow noopener\">Twitter:<\/a><u><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3233470-1&amp;h=662296790&amp;u=https%3A%2F%2Ftwitter.com%2FGrowGenCorp&amp;a=%C2%A0%40GrowGenCorp\" target=\"_blank\" rel=\"nofollow noopener\">\u00a0@GrowGenCorp<\/a><\/u><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=VA48762&amp;sd=2021-07-20\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/growgeneration-acquires-aqua-serene-expands-footprint-in-oregons-southern-green-belt-301337425.html\">https:\/\/www.prnewswire.com\/news-releases\/growgeneration-acquires-aqua-serene-expands-footprint-in-oregons-southern-green-belt-301337425.html<\/a><\/p>\n<p>SOURCE  GrowGeneration<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=VA48762&amp;Transmission_Id=202107200830PR_NEWS_USPR_____VA48762&amp;DateId=20210720\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire Acquisition Brings Number of GrowGen Locations Nationwide to 5 7 DENVER, July 20, 2021 \/PRNewswire\/ &#8211;\u00a0GrowGeneration Corp. (NASDAQ: GRWG), (&#8220;GrowGen&#8221; or the &#8220;Company&#8221;) the nation&#8217;s largest chain of specialty hydroponic and organic garden centers, today announced its acquisition of Aqua Serene, a southern Oregon-based hydroponic garden center with stores in Eugene and Ashland, Oregon.\u00a0 Aqua Serene is one of Oregon&#8217;s largest indoor\/outdoor garden center, with revenue of over $14 million annually. &#8220;As the country&#8217;s fourth largest legal cannabis market, Oregon continues to be a critical market for GrowGeneration,&#8221; said Darren Lampert, GrowGen&#8217;s CEO. &#8220;The Oregon market, in particular, represents tremendous market potential, with over thirteen hundred recreational producer cultivation licenses in the state.\u00a0GrowGen is proud to expand its &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/growgeneration-acquires-aqua-serene-expands-footprint-in-oregons-southern-green-belt\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GrowGeneration Acquires Aqua Serene, Expands Footprint in Oregon&#8217;s Southern &#8220;Green Belt&#8221;&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-515049","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GrowGeneration Acquires Aqua Serene, Expands Footprint in Oregon&#039;s Southern &quot;Green Belt&quot; - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/growgeneration-acquires-aqua-serene-expands-footprint-in-oregons-southern-green-belt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GrowGeneration Acquires Aqua Serene, Expands Footprint in Oregon&#039;s Southern &quot;Green Belt&quot; - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire Acquisition Brings Number of GrowGen Locations Nationwide to 5 7 DENVER, July 20, 2021 \/PRNewswire\/ &#8211;\u00a0GrowGeneration Corp. (NASDAQ: GRWG), (&#8220;GrowGen&#8221; or the &#8220;Company&#8221;) the nation&#8217;s largest chain of specialty hydroponic and organic garden centers, today announced its acquisition of Aqua Serene, a southern Oregon-based hydroponic garden center with stores in Eugene and Ashland, Oregon.\u00a0 Aqua Serene is one of Oregon&#8217;s largest indoor\/outdoor garden center, with revenue of over $14 million annually. &#8220;As the country&#8217;s fourth largest legal cannabis market, Oregon continues to be a critical market for GrowGeneration,&#8221; said Darren Lampert, GrowGen&#8217;s CEO. &#8220;The Oregon market, in particular, represents tremendous market potential, with over thirteen hundred recreational producer cultivation licenses in the state.\u00a0GrowGen is proud to expand its &hellip; Continue reading &quot;GrowGeneration Acquires Aqua Serene, Expands Footprint in Oregon&#8217;s Southern &#8220;Green Belt&#8221;&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/growgeneration-acquires-aqua-serene-expands-footprint-in-oregons-southern-green-belt\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-20T12:34:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1577599\/GrowGeneration_GrowGeneration_Acquires_Aqua_Serene__Expands_Foot.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/growgeneration-acquires-aqua-serene-expands-footprint-in-oregons-southern-green-belt\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/growgeneration-acquires-aqua-serene-expands-footprint-in-oregons-southern-green-belt\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"GrowGeneration Acquires Aqua Serene, Expands Footprint in Oregon&#8217;s Southern &#8220;Green Belt&#8221;\",\"datePublished\":\"2021-07-20T12:34:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/growgeneration-acquires-aqua-serene-expands-footprint-in-oregons-southern-green-belt\\\/\"},\"wordCount\":531,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/growgeneration-acquires-aqua-serene-expands-footprint-in-oregons-southern-green-belt\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1577599\\\/GrowGeneration_GrowGeneration_Acquires_Aqua_Serene__Expands_Foot.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/growgeneration-acquires-aqua-serene-expands-footprint-in-oregons-southern-green-belt\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/growgeneration-acquires-aqua-serene-expands-footprint-in-oregons-southern-green-belt\\\/\",\"name\":\"GrowGeneration Acquires Aqua Serene, Expands Footprint in Oregon's Southern \\\"Green Belt\\\" - 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