Marijuana is the elephant in the room for all hydr
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Posted On: 01/24/2022 2:33:00 PM
Marijuana is the elephant in the room for all hydroponics companies such as GRWG and HYFM.
Although CEA is a promising industry, it is the hydroponic growing of marijuana that will fuel the future growth of these companies.
While there is a glut of marijuana in many markets, especially California, when this is burned off (pun intended), more marijuana will be grown, and much more hydroponics equipment and supplies will be needed to grow it hydroponically.
As a very large purveyor of hydroponics equipment and supplies, the sale of GRWG and Hydrofarm should increase dramatically in the coming quarters and years that make today's fire sale prices a bargain, in my opinion.
LM
Although CEA is a promising industry, it is the hydroponic growing of marijuana that will fuel the future growth of these companies.
While there is a glut of marijuana in many markets, especially California, when this is burned off (pun intended), more marijuana will be grown, and much more hydroponics equipment and supplies will be needed to grow it hydroponically.
As a very large purveyor of hydroponics equipment and supplies, the sale of GRWG and Hydrofarm should increase dramatically in the coming quarters and years that make today's fire sale prices a bargain, in my opinion.
LM
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