Hydrofarm Holdings Group Stock News

Marijuana stocks are still trading at low levels, making it tough to find the silver lining as an investor. Yet, the overall progress and success for companies as businesses are doing well. This is due to more people wanting more cannabis products. This leads to more sales and a bigger demand that, as of now, is continuously growing. The success of the industry is what is building a large amoun...

The U.S. cannabis industry continues expanding, creating opportunities for ancillary companies that support cultivation and retail operations the U.S. legal cannabis industry experienced significant growth, with sales reaching approximately $31.4 billion, marking a 9.14% increase from the previous year. Industry experts predict sales could reach $50 billion by 2028 as more states legalize marij...

The U.S. cannabis industry continues expanding, with sales expected to reach $40 billion by 2025, according to industry reports. As legalization spreads, ancillary companies supplying cultivation equipment, hydroponics, and other services see increased demand. These businesses do not touch the plant directly, reducing legal risks while benefiting from the industry's rapid growth. Recently, seve...

Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM ) Q4 2024 Results Conference Call March 5, 2025 8:30 AM ET Company Participants Anna Kate Heller - ICR John Lindeman - Chief Executive Officer Kevin O'Brien - Chief Financial Officer Bill Toler - Executive Chairman of the Board Conference Call Participants Dmitry Silversteyn - Water Tower Research Operator Good day, ladies and gentlemen, and thank you...

SHOEMAKERSVILLE, Pa., March 05, 2025 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”) (Nasdaq: HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture, today announced financial results for its fourth quarter and fiscal year ended December 31, 2024.

The U.S. cannabis industry continues to expand, creating opportunities for ancillary companies that supply cultivation equipment, hydroponics, and other essential products. In 2023, legal cannabis sales in the U.S. reached $34 billion, and projections suggest they could surpass $50 billion by 2028. States like Florida and Pennsylvania are considering legalization, which could further boost indu...

SHOEMAKERSVILLE, Pa., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. (“Hydrofarm” or the “Company”) (Nasdaq: HYFM), a leading independent manufacturer and distributor of branded hydroponics equipment and supplies for controlled environment agriculture (“CEA”), today announced that it will host a conference call to review fourth quarter and full year 2024 results on Wednesday, ...

SHOEMAKERSVILLE, Pa., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Hydrofarm Holdings Group, Inc. (Nasdaq: HYFM) (“Hydrofarm” or the “Company”) today announced that its Board of Directors has approved a 1-for-10 reverse stock split of the Company's common stock, par value $0.0001, which will be effective at 5:00 pm Eastern Time on February 12, 2025. The Company's common stock will continue to be traded on...