growlifeGrowLife, Inc. is a company with several businesses that both produce and supply equipment and expendables for growing medical marijuana and for urban gardening. Among the numerous companies owned by GrowLife are GrowLife Hydroponics, Inc., Phototron, SG Technologies Corp., Greners, Soja, Inc., and GrowLife Productions. These companies are all engaged in the marketing, promotion, distribution, and selling of their own brands. GrowLife trades in the OTC market under the symbol PHOT.

GrowLife aims to be the largest cultivation service provider in the country, providing convenient access to top quality cultivation supplies and services. The company’s team of knowledgeable representatives, retail stores, and e-commerce website provides clients with purchasing and next-day delivery services to both independent and commercial cultivators across 17 states.

Thanks to GrowLife, cultivators are able to produce quality greens, organics, and medicines, and also are able to make informed decisions to ensure that their grows are certified, safe, and top-notch. GrowLife serves a rapidly growing community of cultivators who are already specialists at cultivating plant-based medicines, and who continue to work with them when making investments to design, build, and expand their facilities. This is because GrowLife understands how best to meet their clients’ needs.

With over 3,000 products available in their seven retail storefronts and on, GrowLife’s online store, GrowLife constantly aims to improve and expand their product line through business alliances, organic development, and acquisition. The company’s brands include Phototron, 58Hydro, Rocky Mountain Hydrophonics & Organics, and Stealth Grow. GrowLife’s channels include, Growlife Hydroponics, and—an informal portal created for the marijuana industry.

GrowLife is a firm believer that they first need to help the industry grow before their company can grow, and so they work with growers, suppliers, manufacturers, processors, distributors, and many other parties. Their strategy remains clear—to leverage smart investments, solid business fundamentals, and strategic use of technology in their efforts to help the industry flourish and to help their businesses to grow.

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GrowLife, Inc. Announces Renowned Additions to Advisory Board Focused on Expanding CBD Hemp Starter Business

KIRKLAND, Wash., July 21, 2020 -- GrowLife, Inc. (OTCQB: PHOT) (“GrowLife” or the “Company”), one of the nation’s most recognized indoor cultivation product and service.

GrowLife Releases Shareholder Letter from CEO Addressing Market Conditions and Increasing Demand for Consumer CBD Products

As we previously announced, GrowLife has been fully operational throughout the COVID-19 pandemic in order to serve our customers across the country with our leading line of hemp clones and commercial cloning products. The spring season is a very important time for hemp farmers and with cloning becoming more of the standard in CBD-rich hemp cultivation, it was imperative that we meet the demand for our products without delay.

GrowLife, Inc. Reports Increase in Quarter-Over-Quarter Revenue and Gross Margins in Q1 2020 Financial Results Filing

GrowLife experienced revenue growth of 12.8% quarter-over-quarter in first quarter of 2020 as compared to the fourth quarter of 2019, from $1,473k to $1,661k. GrowLife increased its blended gross margins to 39.3% for the period ending March 31, 2020, up from the fourth quarter of 2019 and last year’s overall which were 24.2% and 31.0% respectively. GrowLife reported a $400k sales order backlog, not included in revenue, to be shipped in the second quarter of 2020.

GrowLife, Inc. Reports 80% Increase in Year-Over-Year Revenue in Year End 2019 Financial Results and Operational Highlights Filing

Summary: GrowLife experienced revenue growth of 80% year-over-year in 2019 as compared to year end 2018, to $8,218k from $4,573kGrowLife increased gross profit over 444%.

GrowLife Supports Essential Businesses During Challenging Yet Crucial Times

The cannabis and hemp industries that service the medicinal demand are seeing great support from the states. Additionally, this is planting season for many hemp farmers across the country, it is imperative for GrowLife to support these farmers by keeping EZ CLONE and all GrowLife products available to them. “We are seeing our entire value chain, from supply to demand, including transportation, to be working in a cooperative fashion so that essential products remain available,” said GrowLife CEO Marco Hegyi.