GrowLife, 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 Greners.com, 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 Greners.com, Growlife Hydroponics, and Cannabis.org—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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If the Great White North plans to market itself as the Great Green North following the passage of the Cannabis Act and the subsequent legalization of recreational marijuana, it will probably need some marijuana to sell. Since October 17, 2018, when legal cannabis went on sale across the country, a supply shortage has plagued the country’s nascent retail cannabis industry. In the days following legalization, federally approved retailers were forced to shutter their businesses until they could get enough supply to meet a day’s demands.
GrowLife, Inc. (PHOT) (“GrowLife” or the “Company”), one of the nation’s most recognized plant cultivation product and service providers, today announced financial results for the quarter and year ending Dec. 31, 2018, and provided an overview of recent operational highlights. The Company continued to show significant market and revenue growth throughout the year, as Q2 2018 revenue increased year over year by 131.78%, Q3 2018 by 44.22%, and Q4 2018 by 112.25% over the previous year in the same quarter.
GrowLife, Inc. (PHOT) (“GrowLife” or the “Company”), one of the nation’s most recognized indoor cultivation product and service providers, today announced that the Company has implemented a new executive organizational structure designed for efficient integration of new acquisitions and continued growth. With a strong tenure within the organization and proven success in sales management, Joe Barnes will lead the sales and marketing divisions of the company as GrowLife’s Executive Vice-President of Sales and Marketing. The national sales team will report to Barnes, led by recently announced National Sales Manager Brian Knight.
GrowLife, Inc. (PHOT) (“GrowLife” or the “Company”), one of the nation’s most recognized indoor cultivation product and service providers, today announced the Company’s attendance at Spannabis, which is the world’s largest hemp expo and trade show in Barcelona, Spain. GrowLife executives will be in attendance at Spannabis to network with other leading cannabis companies in the global marketplace, showcasing the Company’s proprietary product lines and to learn more about the latest trends shaping the rapidly evolving industry in Europe. The cannabis industry had $6.9 billion in global sales in 2016, $9.5 billion in worldwide revenue in 2017, and an estimated $12.2 billion last year with global sales expected to grow 38% in 2019 to $16.9 billion, and hit $31.3 billion by 2022, according to Arcview Market Research and BDS Analytics.
KIRKLAND, Wash., March 05, 2019 -- GrowLife, Inc. (OTC: PHOT) (“GrowLife” or the “Company”), one of the nation’s most recognized indoor cultivation product and service.