HD Home Depot Inc

By Colin Kellaher

GrowGeneration Corp. (GRWG), a hydroponic and organic gardening retailer that targets the cannabis industry, on Wednesday said former Home Depot Inc. (HD) chief Robert Nardelli has agreed to serve as a senior strategic adviser.

The Denver-based retailer said Mr. Nardelli will provide advice on matters relating to supply chain, merchandise, branding, distribution, new product introductions, pricing and channel selection.

Mr. Nardelli served as CEO of Home Depot from late 2000 through early 2007 and as CEO auto maker Chrysler from 2007 to 2009. He launched XLR-8 LLC, an investment and advisory company, in 2012.

GrowGeneration, which currently has 23 stores, said it aims to own and operate branded stores in all major legalized cannabis states in the U.S. and Canada. The company last month raised $12.8 million in a private placement.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

July 10, 2019 09:10 ET (13:10 GMT)

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