Cannabis & Hemp Stocks Investment Tools – Schedule Demo Now!

GrowGeneration Gets 10 Million in Investments Mainly from New York Firm Gotham Green

GrowGeneration Gets 10 Million in Investments Mainly from New York Firm Gotham GreenGrowGeneration Corp. (OTC: GRWG) announced on May 9th that the company received $10 million dollars in investments from three separate strategic investors.

Out of the three investors the smallest strategic investments are a $1.5 million investment from Merida Capital Partners and a $1.0 million investment from Navy Capital. The remaining investment portion of $7.5 million came from Gotham Green Partners (GGP).

GGP is a private equity firm that is located in New York. The private firm primarily focuses on investments in the expanding legal cannabis industry.

GrowGeneration now reports that it has over $17 million in cash on their balance sheet. The company will use this large cash balance to perform several acquisitions in the coming months.

The company plans to close these acquisitions before the 4th quarter and intends to complete them during the 2nd and 3rd quarters. These acquisitions will keep GrowGeneration as the largest retailer that focuses primarily on hydroponic and organic products for their storefronts.

GRWG stock increased 1.78% in value after this news was initially announced on the 9th of May. However, as soon as trading began on May 10th, the stock value plummeted 7.38% and ended the day at a 6.38% decrease.

On May 11th the stock decreased an additional 2.02% and ended the last 5 days of trading at a 1.02% decrease in value.

GrowGeneration Gets 10 Million in Investments Mainly from New York Firm Gotham Green

About Cannin Investment Group: Your Pot Stocks Experts

Cannin is your trusted resource for pot stocks. Our global team of experts evaluates all emerging pot stock investing opportunities. We aggregate hundreds of hours of research and provide tips on the best pot stock investments for 2020. 

Use Cannin as your resource for:

Is it too late to invest in pot stocks? No! This is the perfect time to invest.

Market analysts expect the legal cannabis industry will have an annual value exceeding $75 Billion in the next decade. The time to invest in pot stocks is now. Are you looking to buy stock in pot companies for 2020? Interested in emerging penny pot stocks? Looking for the best Canadian pot stocks to invest in? We can help.

Are you interested in pot stocks like Curaleaf, Trulieve, Aurora Cannabis, or Canopy Growth?

Predict price movements of pot stocks several hours in advance with our proprietary algorithmic stock trading software.

  • +25% Gains in 2020
  • +49.8% Gains in 2019
  • 108% Backtested since 2012

We’re so confident you’ll love our algotrading pot stock signals, we’re willing to give you a one-month risk-free trial to see it for yourself.

Profit from the best pot stocks – we’ll show you how at

Marijuana Stocks, Pot Stocks, Algorithmic Stock Trading, Penny Hemp Stocks