GrowGeneration Announces Store Opening at 60th Location in Mount Holly, New Jersey

DENVER–(BUSINESS WIRE)–GrowGeneration Corp. (NASDAQ: GRWG) (“GrowGen” or “the Company”), the largest chain of specialty hydroponic and organic garden centers in the United States, today announced the opening of the company’s newest store in Mount Holly, New Jersey on November 21, 2022.

The Mount Holly location is the company’s 60th business and officially expands its operations to 16 states. The new store is 7,700 square feet and will include vertical farming demonstrations and educational support for growers to build and maintain state-of-the-art grow operations to maximize their yields.

Darren Lampert, Co-Founder and Chief Executive Officer of GrowGen said: “We are excited to open our first store in New Jersey and expand our reach and operations into a rapidly growing and strategically important market. We expect New Jersey to be very active in the years to come, with a strong medical patient base, over 800 conditional licenses granted, micro-business and social justice licenses, and a pending law allowing home growing.”

Mr. Lampert continued: “As we expand our footprint in the Northeastern United States, we are pleased to continue our efforts in partnership with Harvest 360 to support our national program of education and training for social equity license holders. The program focuses on providing world-class support and solutions to operators and their communities. To date, we have 30 micro-license holders active in the program in the New York and New Jersey markets.”

About GrowGeneration Corp:

GrowGen owns and operates hydroponic and organic nurseries for specialty retailers. Currently, GrowGen has 60 locations in 16 states, including 22 locations in California, 6 locations in Colorado, 6 locations in Michigan, 5 locations in Maine, 5 locations in Oklahoma, 4 locations in Oregon, 3 locations in Washington, 1 location in Arizona, 1 location in Florida, 1 location in Massachusetts, 1 location in Mississippi, 1 location in Missouri, 1 location in New Jersey, 1 location in New Mexico, 1 location in Rhode Island and 1 location in Virginia. GrowGen also operates an online superstore for growers at growgeneration.com. GrowGen stocks and sells thousands of products including organic nutrients and soil, advanced lighting technology and state-of-the-art hydroponic equipment for use by commercial and residential growers indoors and outdoors.

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