GrowGeneration Acquires Cell Media Inc. and MMI Agriculture


MMI has prolonged been a dependable manufacturer of high-density cellular shelving programs, frequently referred to as “benching,” to a variety of industries including agriculture, retail, commercial, and governing administration, presenting a complete turnkey answer, specializing in layout, custom made production, shelving systems, and set up across the United States.  Superior-density cellular methods have become a important section of agriculture grow amenities by rising in general cover room the two vertically and throughout the ground by sustaining just one moveable aisle in every single develop system. MMI has obtained important traction in the agriculture market by innovating a tiered decking procedure incorporated inside of the mobile system, allowing for growers to access several vertical tiers whilst maintaining complete method performance. MMI occupies two warehouses totaling in excess of 70,000 sq. ft. and will carry on to generate products in its producing facility in NY.

Over the several years, a increasing awareness of the rewards of indoor vertical gardening has authorized the vertical farming sector to get considerable momentum.  Simply because vertical farming is not weather dependent, it enables farmers to achieve a dependable once-a-year crop output, with improved yields utilizing drastically much less h2o and a significantly scaled-down footprint, with no owning to worry about adverse weather disorders, in comparison to out of doors common farming.

“Indoor vertical farming remedies has turn into a strategic precedence for GrowGen, and a essential part of our extensive-term revenue era plan.  Lighting and benching are the 1st two vital factors of a increase facility.  Combining the adoption of our Ion LED light-weight and price discounts obtained as a result of indoor vertical cultivation employing MMI’s vertical benching units is an significant element of GrowGen’s price proposition. Together, GrowGen and MMI maximize prospects for growers by giving not just GrowGen’s robust collection of hydroponic options and products, but also a cellular technique to make use of these goods,” reported Michael Salaman, GrowGen’s President, and Co-Founder. “This critical strategic acquisition is especially critical, as we extend in recently legalizing East Coast states like New York, New Jersey, Pennsylvania, and the New England states Maine, Massachusetts, Connecticut, and Vermont, in which indoor vertical escalating will be the process of rising.  MMI delivers a great program and answer that is accompanied by an business greatest guarantee. We are happy to convey MMI and its team below our umbrella. Every little bit of canopy mature room is important to any grow facility. Getting capable to design and provide a place conserving mobile program, then execute the style and design by adding in irrigation, drainage, air stream, lights, and automation options, offers us a much better existence in modern market.  GrowGeneration is a genuine a single-quit turnkey outfitting option for cultivators in all places.”   

MMI’s significant-density cell carriages assist growers maximize yields up to 200% extra for every harvest by owning more available cover house. MMI’s qualified drafters are very well-versed in creating ground plans and customized drawings that improve capability utilizing the hottest CAD computer software to create systems that fulfill each individual client’s certain requires and ascertain closing capability. In addition, MMI’s expert nationwide set up crew to guarantees that each and every process is mounted and functioning the right way.

“I commenced MMI, 35 several years in the past, with the goal of offering the maximum-quality vertical racking devices and I am lucky to find a lover like GrowGen, just one of the most reliable names in hydroponic and organic and natural gardening,” mentioned Lance Pennington, founder of MMI.  “GrowGen’s leadership situation in offering products into the indoor vertical farming field blended with MMI’s indoor vertical racking units now features our prospects a one particular cease solution for all their indoor cultivation solutions can make this the great partnership.”

About GrowGeneration Corp.: 

GrowGeneration owns and operates specialty retail hydroponic and natural and organic gardening merchants. Now, GrowGeneration has 62 shops, which contain 23 locations in California, 8 locations in Colorado, 7 destinations in Michigan, 5 areas in Maine, 5 spots in Oklahoma, 4 spots in Oregon, 3 destinations in Washington, 2 destinations in Nevada, 1 place in Arizona, 1 area in Rhode Island,1 site in Florida, 1 area in Massachusetts and 1 place in New Mexico.

GrowGeneration also operates an on the web superstore for cultivators at growgeneration.com and B2B e-commerce platform, agron.io. GrowGeneration carries and sells thousands of goods, including organic and natural vitamins and soils, superior lighting technological innovation and condition of the art hydroponic products to be utilised indoors and outdoors by business and property growers. 

For far more information about GrowGeneration, or to locate its stores, pay a visit to www.growgeneration.com.

About Cellular Media Inc. and MMI Agriculture:

MMI, founded in 1986, serves a selection of marketplaces with a mobile method tailor made made for amenities and stockrooms of any size.  Each and every customer receives a structure that achieves utmost storage capacity, saved house, and compliance with all egress, seismic, and creating codes becoming met.  MMI manufactures and warehouses in Ellenville, NY striving to give all clients successful cellular shelving programs with fantastic buyer support and assist MMI Agriculture is an sector-leading provider of vertical farming and house optimization alternatives. We do the job with business agriculture gurus to design and style, set up, and enhance operational spaces through cultivation, publish-harvest, manufacturing, and distribution facilities by way of the implementation of the vertical and cellular rack, cart, and air flow programs. The MMI team has in excess of 35 years of professional cell storage encounter operational practical experience.

Forward Seeking Statements: 

This press release might consist of predictions, estimates or other data that could possibly be regarded as  forward-searching in the meaning of relevant securities laws. Whilst these ahead-searching  statements stand for our latest judgments, they are matter to threats and uncertainties that could  cause real outcomes to vary materially. You are cautioned not to location undue reliance on these  forward-seeking statements, which reflect our thoughts only as of the day of this launch. Be sure to  keep in thoughts that we are not obligating ourselves to revise or publicly launch the success of any  revision to these forward-wanting statements in gentle of new information and facts or foreseeable future occasions. When  used herein, terms such as “search forward,” “think,” “proceed,” “developing,” or variants of these kinds of  words and very similar expressions are intended to detect ahead-seeking statements. Elements that  could trigger true final results to vary materially from these contemplated in any forward-hunting  statements manufactured by us herein are generally reviewed in filings we make with the United States

Securities and Exchange Fee, available at: www.sec.gov, and on our web site, at:  www.growgeneration.com.

Hook up:

Firm Inquiries:
GrowGeneration Corp.
610-216-0057
[email protected]

Investor Contact:
John Evans
GrowGeneration
[email protected]
415-309-0230

Resource GrowGeneration

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Linked Links

www.growgeneration.com



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