Investment Demonstrates the Power of Partnerships to Support
Community Gardens, Urban Farms and Agriculture Skill
Development
DENVER, Aug. 12, 2020 /PRNewswire/
- GrowGeneration Corp. (NASDAQ: GRWG), ("GrowGen" or the
"Company"), the largest chain of stand-alone specialty hydroponic
and organic garden centers, today announced its partnership with
Whole Cities Foundation. Founded by Whole Foods Market in 2014, the
independent, nonprofit organization is based in Austin, Texas, and has partnered with more
than 190 community organizations in 100 cities across the U.S. to
build thriving local food systems and improve health. The first
projects to receive GrowGeneration support, will be Newark Science
& Sustainability and Greater Newark Conservancy, both
recipients of the Whole Cities Foundation Fresh, Health Food Access
grant. Both organizations have identified hydroponic growing
as a goal for their community plans. Each group will benefit
from an equipment grant. These two projects are part of a pilot
that we expect will yield learnings over the course of the next
year. GrowGen will provide equipment and expertise and partner with
Whole Cities to evaluate community impact.
"Whole Cities Foundation is proud to partner with
GrowGeneration, supplier of hydroponic equipment to 1000's of
cultivators and growers, to support two locally led Newark organizations in their efforts to
increase production of food grown for their community members –
hydroponically, said Nona Evans,
Executive Director for Whole Cities Foundation. "The company and
its team of experts provide support to growers across the nation.
As the company expands, the GrowGen team is focused on ways they
can use their knowledge and equipment to give back to communities
focused on improving healthy food access."
Darren Lampert, GrowGeneration
CEO stated, "As we have built a national chain of hydroponic garden
centers, it has always been our mission to give back to the local
communities. In our day to day operations, we see the results from
growing hydroponically. We could not be prouder to partner with
Whole Cities Foundation to donate hydroponic equipment and supplies
to their community partners to support their gardens and increase
access to fresh, healthy food. Our staff of over 250 dedicated team
members, who have tremendous knowledge on growing hydroponically,
are energized to lend a hand and their personal time to support
Whole Cities Foundation. There is nothing more rewarding than
participating with a community committed to growing its own food!
Newark, NJ with its long history
of urban agriculture is a great place to begin our
partnership. We look forward to celebrating their first
harvest together."
About Whole Cities Foundation:
Whole Cities Foundation works alongside community-based
organizations to improve neighborhood health through collaborative
partnerships, nutrition education and broader access to fresh,
healthy food. Founded by Whole Foods Market in 2014, the
independent, nonprofit organization is based in Austin, Texas, and has partnered with more
than 190 community organizations in 100 cities across the U.S. to
build thriving local food systems and improve health. Through
vibrant grant programs, Whole Cities Foundation supports community
gardens, urban farms, pop-up produce stands, agriculture skills
development, farmers markets, mobile markets, healthy cooking
classes and other community-directed initiatives. The foundation's
signature medical nutrition program, Let's Talk Food, is offered in
Detroit, Newark, NJ, and Chicago's Greater
Englewood neighborhood. For more information on the
foundation and its programs, visit wholecitiesfoundation.org.
For ongoing news and updates, follow Whole Cities Foundation
on Facebook, Instagram or Twitter.
About GrowGeneration Corp.:
GrowGen owns and operates specialty retail hydroponic and
organic gardening stores. Currently, GrowGen has 28 stores, which
include 5 locations in Colorado, 6
locations in California, 2
locations in Nevada, 1 location in
Washington, 4 locations in
Michigan, 1 location in
Rhode Island, 4 locations in
Oklahoma, 1 location in
Oregon, 3 locations in
Maine and 1 location in
Florida. GrowGen also operates an
online superstore for cultivators, located at www.growgen.pro and
www.growgeneration.com. GrowGen carries and sells thousands of
products, including organic nutrients and soils, advanced lighting
technology and state of the art hydroponic equipment to be used
indoors and outdoors by commercial and home growers. Our mission is
to own and operate GrowGeneration branded stores in all the major
states in the US and Canada.
Management estimates that roughly 1,000 hydroponic stores are in
operation in the US. By 2025, the global hydroponics system market
is estimated to reach approximately $16
billion.
Forward Looking Statements:
This press release may include predictions, estimates or other
information that might be considered forward-looking within the
meaning of applicable securities laws. While these forward-looking
statements represent our current judgments, they are subject to
risks and uncertainties that could cause actual results to differ
materially. You are cautioned not to place undue reliance on these
forward-looking statements, which reflect our opinions only as of
the date of this release. Please keep in mind that we are not
obligating ourselves to revise or publicly release the results of
any revision to these forward-looking statements in light of new
information or future events. When used herein, words such as "look
forward," "believe," "continue," "building," or variations of such
words and similar expressions are intended to identify
forward-looking statements. Factors that could cause actual results
to differ materially from those contemplated in any forward-looking
statements made by us herein are often discussed in filings we make
with the United States Securities and Exchange Commission,
available at: www.sec.gov, and on our website, at:
www.growgeneration.com.
Connect:
- Website: www.GrowGeneration.com
- E-commerce: http://www.growgen.pro/
- Instagram: growgen
- Facebook: GrowGenerationCorp
- Twitter: @GrowGenOK
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SOURCE GrowGeneration