GRWG News & Events

The company said, "For the fourth quarter of 2025, the Company expects total consolidated net sales of approximately $40 million, reflecting normal seasonality and continued progress on proprietary brand and cost-optimization initiatives. Management remains focused on sustaining profitability on an adjusted EBITDA basis and executing its strategic priorities to position the Company for continued margin improvement and growth entering 2026."

Reports Q3 revenue $47.25M, consensus $41.56M. Darren Lampert, GrowGen's Co-Founder and Chief Executive Officer, commented, "Our third quarter results marked a clear inflection point for GrowGeneration. We delivered double-digit sequential net sales growth of 15.4%, returned to positive Adjusted EBITDA of $1.3 million, and expanded gross margin to over 27%. Our third-quarter Adjusted EBITDA represents the Company's strongest profitability in four years. These results reflect disciplined execution of our strategic plan, with store operating expenses down 27.8% and total operating expenses reduced by more than 30% year-over-year. Proprietary brands remain a key driver of profitability, representing 31.6% of Cultivation and Gardening net sales, up from 23.8% last year. We expect proprietary brands to achieve approximately 40% of segment revenue in 2026, further supporting margin expansion and customer loyalty."

GrowGeneration announced the launch of its Dialed In Tri-Spec Under Canopy Light, a lighting solution engineered to boost lower-canopy flower development in commercial cannabis cultivation. The Dialed In Tri-Spec system delivers a tunable spectrum of Full Spectrum, Far Red, and UV light directly beneath the canopy to activate photosynthesis, anthocyanin development, and secondary metabolite production from the bottom up. This system helps cultivators address a universal issue, penetrate lower buds which are typically smaller, less potent and often unsellable due to the spectrum of light stopping at the top of the canopy. Early trials reported up to 35% yield increases, faster maturation, and stronger terpene expression - resulting in better flavor, richer aroma, and a more uniform, high-quality flower from top to bottom.