GrowGeneration Acquires Viagrow, Expanding Presence In Home Gardening And Big Box Retail Segments; Terms Not Disclosed

GrowGeneration Corp. (NASDAQ:GRWG) ("GrowGen" or the "Company"), the nation's largest specialty retailer of hydroponic and organic gardening products, today announced its acquisition of Viagrow, a domestic supplier of gardening and hydroponic equipment, in a move that expands the Company's presence in the home gardening and big box retail segments. Under the terms of the agreement, GrowGen is purchasing Viagrow, currently a $3 million annual revenue company, for cash and stock considerations.