GROWGENERAT.CORP. DL-,001

The U.S. cannabis industry continues to expand, creating strong opportunities for ancillary companies that support dispensaries and cultivators. In 2024, legal cannabis sales in the U.S. exceeded $35 billion, with projections reaching over $40 billion by 2025. Ancillary businesses that provide technology, equipment, and services benefit from this rapid growth without facing the same legal challenges as plant-touching companies. Recently, federal legalization talks have gained momentum, with lawmakers pushing for banking reform and rescheduling cannabis. If these changes occur, more businesses could enter the market, boosting demand for ancillary services. Investors looking for exposure to the sector should watch these stocks closely.» Mehr auf marijuanastocks.com

Ancillary cannabis stocks continue to gain attention as the industry expands. These companies provide essential products for cultivation, processing, and retail operations. Unlike plant-touching businesses, ancillary stocks face fewer regulatory risks. The U.S. cannabis market was valued at $13.2 billion in 2023 and is expected to reach $40 billion by 2030. This rapid growth fuels demand for hydroponic equipment, lighting systems, and agricultural supplies. Recently, Congress discussed new federal cannabis reform proposals, boosting investor sentiment. Several states, including Florida and Pennsylvania, are considering expanding legalization measures in 2024. These potential changes could drive further market growth and increase demand for ancillary services.» Mehr auf marijuanastocks.com

DENVER--(BUSINESS WIRE)--GrowGeneration Corp. (NASDAQ: GRWG) (“GrowGen” or the “Company”), one of the largest retailers and distributors of specialty hydroponic and organic gardening products in the United States, today issued the following letter to shareholders commenting on the Company's 2024 accomplishments, preliminary full year 2024 results and expectations and other operational updates from its Co-Founder and Chief Executive Officer Darren Lampert. Dear Fellow Shareholders, 2024 was a ye.» Mehr auf businesswire.com