DENVER, Feb. 04, 2026 (GLOBE NEWSWIRE) -- GrowGeneration Corp. (NASDAQ: GRWG) (“GrowGen” or the “Company”), one of the nation’s largest suppliers of specialty products for controlled environment agriculture (CEA), commercial cultivation, and retail garden centers, today announced that it will host an exhibit at the Indoor Ag-Con 2026 Conference, taking place February 11–12, 2026, in Las Vegas, Nevada. Details are included below: Indoor Ag-Con 2026Date: February 11–12, 2026Location: Westgate Las Vegas Resort ...

DENVER, Feb. 03, 2026 (GLOBE NEWSWIRE) -- GrowGeneration Corp. (NASDAQ: GRWG) (“GrowGeneration,” “GrowGen” or “the Company”), one of the nation’s largest suppliers of specialty products for controlled environment agriculture (CEA), commercial cultivation, and retail garden centers, today announced that it will participate in the IgniteIt Spotlight: New Jersey event, which is being held February 10, 2026 in Jersey City, New Jersey. David Todd, GrowGen’s Vice President of Enterprise Solutions, will participat ...

Core Insights - The cannabis sector is evolving, with ancillary companies better positioned than plant-touching operators due to lower regulatory risks and better resilience during market downturns [1][2] - Ancillary cannabis stocks can benefit from consistent demand for cultivation supplies, regardless of which operators gain market share [2] - Investors are focusing on improving margins and cost discipline as ancillary companies restructure and strengthen their balance sheets [3] Company Summaries GrowGeneration (GRWG) - GrowGeneration is a leading retailer of hydroponic and cultivation supplies, serving both commercial cultivators and home growers without operating cannabis dispensaries [5][9] - As of late 2025, GrowGeneration operated 24 locations across 11 states, offering a range of products through both physical and online channels [7] - Recent financial performance showed revenue growth, improved gross margins, and a narrowing of net losses, with management expecting continued revenue growth in 2026 [9][10] Hydrofarm Holdings Group (HYFM) - Hydrofarm manufactures and distributes hydroponic equipment and supplies, focusing on lighting and climate systems without operating dispensaries [11][13] - Recent financial results indicated a year-over-year revenue decline due to softer industry demand, but management is working on restructuring and improving supply chain efficiency [13][14] - Hydrofarm carries higher risk but also offers higher potential rewards, making it a speculative option for traders [15] The Scotts Miracle-Gro Company (SMG) - Scotts Miracle-Gro is known for consumer lawn and garden products and has historically been involved in the cannabis supply chain through its Hawthorne Gardening business [16][18] - The company has shifted its strategy by selling its Hawthorne division, focusing on core consumer businesses while retaining some indirect cannabis exposure [18][19] - Financial results reflect this transition, with stable gross margins and a focus on generating steadier cash flow, making it a conservative option for investors [19] Final Thoughts - Ancillary cannabis stocks present unique opportunities, with GrowGeneration showing turnaround potential, Hydrofarm offering higher-beta exposure, and Scotts Miracle-Gro providing defensive positioning [20]

Core Insights - The cannabis industry is evolving with a focus on efficiency, margin recovery, and balance sheet strength as operators adapt to tighter capital markets and shifting regulations [2][19] - Ancillary cannabis stocks provide alternative exposure to the industry, supporting it without directly selling cannabis, thus avoiding many regulatory risks while benefiting from cultivation and retail improvements [1][19] Industry Trends - Growers are upgrading equipment, improving yields, and cutting costs instead of reckless expansion, favoring well-positioned ancillary suppliers [2] - Federal reform discussions create volatility, but the demand for essential products like nutrients and lighting remains consistent, offering attractive risk-reward setups for investors [3][19] Company Summaries GrowGeneration (GRWG) - GrowGeneration is a leading hydroponics and cultivation supply company, serving cannabis growers with essential products like lighting, nutrients, and climate control [5][7] - The company has shown signs of stabilization with sequential revenue improvement and expanded gross margins, marking a return to positive adjusted EBITDA [9][10] - Key focus for GRWG is on margin sustainability and potential earnings amplification with a modest rebound in cultivation spending [10] Hydrofarm Holdings Group (HYFM) - Hydrofarm is a distributor focused on controlled environment agriculture, providing essential tools for indoor cannabis cultivation [10][11] - The company has faced revenue declines and compressed gross margins due to reduced capital expenditures from growers, but it has made progress in reducing operating expenses [11] - Investors should monitor revenue stabilization, as even flat sales could improve cash flow if costs are controlled [12] The Scotts Miracle-Gro Company (SMG) - Scotts is known for lawn and garden products but has exposure to cannabis through its Hawthorne Gardening division, which supplies hydroponic equipment [14][16] - The decision to divest Hawthorne simplifies the business and reduces cannabis-related volatility, allowing a focus on its core consumer segment [16] - Financially, Scotts has shown improving margins and prioritized debt reduction, making it a lower-risk option for investors seeking stability [17][18] Investment Considerations - Ancillary stocks are critical to the cannabis ecosystem, as growers rely on supplies and systems [22] - Each highlighted company serves different investor profiles, with GrowGeneration focusing on recovery, Hydrofarm offering higher risk and leverage, and Scotts providing stability [20][21]

DENVER, Jan. 28, 2026 (GLOBE NEWSWIRE) -- GrowGeneration Corp. (NASDAQ: GRWG) (“GrowGeneration,” “GrowGen” or “the Company”), one of the nation’s largest suppliers of specialty products for controlled environment agriculture (CEA), commercial cultivation, and retail garden centers, today announced that it will participate in the Oppenheimer 11th Annual Emerging Growth Conference being held virtually on February 3-4, 2026. The Company will host 1x1 meetings throughout the conference. For more information or ...

Top 3 Ancillary Cannabis Stocks to Watch in January 2026The cannabis industry continues evolving as legalization slowly expands across the United States. While plant-touching operators face regulatory and margin pressures, ancillary cannabis companies offer a different opportunity. These businesses sell products and services supporting cannabis cultivation without handling the plant itself. As a result, they often face fewer regulatory hurdles. In January 2026, several ancillary names stand out due to scale ...

Core Viewpoint - GrowGeneration Corp. will exhibit at the Grow Up Conference & Expo in Vancouver, BC, on January 20-21, 2026, showcasing its proprietary brands and solutions for controlled environment agriculture [1][2]. Company Overview - GrowGeneration is one of the largest suppliers of specialty products for controlled environment agriculture (CEA), commercial cultivation, and retail garden centers, offering thousands of products including nutrients, additives, and environmental control systems [4][6]. - The company operates an online superstore and a wholesale business for resellers, along with providing benching, racking, and storage solutions [4][6]. Event Participation - The participation in the Grow Up Conference & Expo aligns with the company's strategic focus on growth through commercial engagement and brand adoption, allowing direct connections with high-value operators [2]. - GrowGeneration's team will be available for meetings with commercial operators, conference attendees, and investors during the event [3]. Product Portfolio - GrowGeneration will feature several proprietary brands and products at the expo, including: - **Char Coir**: High-grade coco sourced from a single farm, ensuring quality and consistency [5]. - **Drip Hydro**: A complete nutrient solution designed to enhance productivity and yield [5]. - **Ion Lights**: Advanced LED fixtures aimed at improving cannabinoid expression and canopy development [5]. - **PowerSi**: Concentrated additives that enhance plant health and crop quality [5]. - **Dialed In Under Canopy LED lights**: A unique lighting solution for boosting lower-canopy flower development in cannabis cultivation [5]. - **The Harvest Company**: Offers a range of products for home gardening and commercial growing needs [5].

Core Insights - The Zacks Agriculture - Products industry is expected to benefit from stable food demand driven by population growth and consumer preferences for healthier options [1][4] - Innovative agricultural technologies like hydroponics and vertical farming are anticipated to be significant growth drivers for the industry [1][5] Industry Overview - The Zacks Agriculture - Products industry includes companies involved in storing agricultural commodities, distributing ingredients, and farming crops, livestock, and poultry products [3] - Companies in this sector also provide nutrients, advanced lighting systems, and accessories for hydroponic gardening, as well as innovative plant-based health products [3] Demand Trends - Global population is projected to reach 8.5 billion by 2030 and 9.7 billion by 2050, leading to a 50% increase in food demand [4] - Companies are investing in innovation to meet consumer demand for healthier food alternatives, enhancing product and market strategies [4] Technological Innovations - Hydroponics allows for controlled nutrient delivery and faster crop growth, making it popular in cannabis cultivation and vertical farming [5] - Vertical farming minimizes land and water usage, addressing environmental vulnerabilities and food production challenges [5] Cost Management - Industry players are facing rising costs in labor, packaging, and distribution, but have implemented cost-reduction actions to sustain margins [6] - Recent easing of feed prices may help companies engaged in animal products manage production costs [6] Industry Performance - The Zacks Agriculture - Products industry holds a Zacks Industry Rank of 99, placing it in the top 41% of 243 Zacks industries, indicating positive prospects [7][8] - Over the past 12 months, the industry has underperformed, with a decline of 11.9% compared to the S&P 500's increase of 17.9% [9] Valuation Metrics - The industry is currently trading at a trailing 12-month EV/EBITDA ratio of 10.17X, significantly lower than the S&P 500's 18.51X and the Basic Materials sector's 14.62X [12] Company Highlights - **Bunge Global S.A (BG)**: Recently completed a $34 billion merger with Viterra Ltd., enhancing its global agribusiness platform and expected to yield stable cash flows and synergies [14] - BG has a trailing four-quarter earnings surprise of 11.75% and a long-term estimated earnings growth of 5.13%, currently holding a Zacks Rank of 2 (Buy) [15] - **GrowGeneration (GRWG)**: Reported a 15.4% sequential net sales growth in Q3 2025, returning to positive adjusted EBITDA and improving gross margins [21] - GRWG's proprietary brands are expected to contribute significantly to revenue growth, with a focus on acquiring profitable hydroponic garden centers [21][22]

Core Insights - The AgTech and Food Innovation landscape is evolving due to technology, sustainability requirements, and changing consumer behavior, impacting food growth, processing, and distribution [1] - The industry is shifting towards smarter, resource-efficient systems to enhance long-term resilience amid climate pressures and evolving global diets [2] Trends in AgTech & Food Innovation - Modernization of growing environments, including indoor farms and hydroponics, is enabling consistent yields with fewer inputs, exemplified by Hydrofarm Holdings Group, Inc. (HYFM) [3] - Ingredient innovation is driven by clean-label preferences and sustainable sourcing, with Ingredion Incorporated (INGR) providing plant-based proteins and specialty formulations [4] - The supply chain is transforming through digital traceability and automation, enhancing efficiency and transparency from farm to shelf [5] Key Companies in AgTech & Food Innovation - Beyond Meat, Inc. (BYND) focuses on plant-based innovation, aiming to replicate animal meat's taste and texture, with ongoing product reformulation to enhance flavor and nutritional profiles [7][8] - GrowGeneration Corp. (GRWG) is a major supplier of hydroponic and indoor-growing equipment, supporting growers with a comprehensive ecosystem of commercial solutions [11][12][13] - Tyson Foods, Inc. (TSN) is emphasizing protein innovation and sustainability, with initiatives like developing an insect-ingredient facility to convert byproducts into sustainable feed inputs [14][16]

Core Insights - Ancillary cannabis stocks are crucial as they provide services and products to the cannabis industry without direct exposure to federal restrictions, allowing investors to engage in industry growth amid changing laws [1][2] - The demand for cultivation equipment and related services is increasing as new markets emerge, positioning ancillary companies for gradual growth into 2026 [1][2] Company Summaries GrowGeneration Corp. (GRWG) - GrowGeneration is a leading retailer of hydroponic and gardening supplies, focusing on cultivation equipment for both large and small cannabis producers [3][5] - The company has reported moderate year-over-year revenue improvements, with a focus on reducing operating expenses and improving inventory management [5][6] - Despite recent net losses, the balance sheet remains healthy, with solid cash reserves and limited long-term debt, indicating potential for renewed growth if cannabis cultivation investment increases in 2026 [6] Hydrofarm Holdings Group Inc. (HYFM) - Hydrofarm is a well-established manufacturer of hydroponic equipment, supplying commercial cultivation facilities with essential growing systems and climate equipment [7][9] - The company has faced revenue declines due to reduced spending from cultivation operators, but it is implementing cost reductions to protect margins [8][9] - Hydrofarm's focus on expanding its proprietary product portfolio positions it for potential long-term value, especially if industry conditions improve in 2026 [9] High Tide Inc. (HITI) - High Tide operates a retail-focused cannabis accessories business, with a strong presence in both physical and online retail [11][12] - The company has reported higher year-over-year revenue growth, benefiting from steady demand for cannabis accessories regardless of pricing pressures [12][13] - High Tide's operational stability and positive free cash flow suggest resilience, making it an appealing option for investors looking for exposure to the cannabis retail market without direct involvement in regulated cannabis sales [13][14]