Hydrofarm Holdings Group Key Executives
This section highlights Hydrofarm Holdings Group's key executives, including their titles and compensation details.
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Hydrofarm Holdings Group Earnings
This section highlights Hydrofarm Holdings Group's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q4 | 2024 | 2025-03-05 | $-2.80 | $-3.80 |
| Read Transcript | Q3 | 2024 | 2024-11-09 | N/A | N/A |
| Read Transcript | Q2 | 2024 | 2024-08-08 | $-2.30 | $-2.80 |
| Read Transcript | Q1 | 2024 | 2024-05-14 | $-2.70 | $-2.60 |
| Read Transcript | Q4 | 2023 | 2024-02-29 | $-2.00 | $-2.70 |
| Read Transcript | Q3 | 2023 | 2023-11-09 | $-1.60 | $-2.50 |
| Read Transcript | Q2 | 2023 | 2023-08-09 | $-2.10 | $-2.10 |
| Read Transcript | Q1 | 2023 | 2023-05-10 | $-3.30 | $-3.10 |
Hydrofarm Holdings Group, Inc., together with its subsidiaries, engages in the manufacture and distribution of controlled environment agriculture (CEA) equipment and supplies in the United States and Canada. The company offers agricultural lighting devices, indoor climate control equipment, hydroponics and nutrients, and plant additives used to grow, farm, and cultivate cannabis, flowers, fruits, plants, vegetables, grains, and herbs in controlled environment; and distributes CEA equipment and supplies, which include grow light systems; heating, ventilation, and air conditioning systems; humidity and carbon dioxide monitors and controllers; water pumps, heaters, chillers, and filters; nutrient and fertilizer delivery systems; and various growing media made from soil, rock wool or coconut fiber. It also provides hydroponics systems, such as hydro systems, hydro trays and components, meters and solutions, pumps and irrigation systems, water filtration systems, pots and containers, and tents and tarps; atmospheric control equipment comprising controllers, monitors and timers, ventilation/air conditioning equipment, air purification equipment, and CO2 equipment; and nutrients and additives. The company offers its products under the Phantom, PhotoBio, Active Aqua, Active Air, HEAVY 16, House & Garden, Mad Farmer, Roots Organics, Soul, Procision, Grotek, Gaia Green, Innovative Growers Equipment, Quantum, Xtrasun, Digilux, Agrobrite, SunBlaster, Jump Start, Active Eye, Autopilot, Phat, oxyClone, and GROW!T brands. Hydrofarm Holdings Group, Inc. was founded in 1977 and is based in Shoemakersville, Pennsylvania.
$2.45
Stock Price
$11.39M
Market Cap
285
Employees
Shoemakersville, PA
Location
Financial Statements
Access annual & quarterly financial statements for Hydrofarm Holdings Group, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $190.29M | $226.58M | $344.50M | $479.42M | $342.20M |
| Cost of Revenue | $158.16M | $188.97M | $315.17M | $377.93M | $278.57M |
| Gross Profit | $32.13M | $37.61M | $29.34M | $101.49M | $63.63M |
| Gross Profit Ratio | 16.89% | 16.60% | 8.52% | 21.17% | 18.59% |
| Research and Development Expenses | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $72.79M | $87.31M | $118.60M | $103.89M | $58.49M |
| Other Expenses | $11.52M | $- | $841.00K | $-204.00K | $70.00K |
| Operating Expenses | $84.31M | $87.31M | $118.60M | $103.89M | $58.49M |
| Cost and Expenses | $242.47M | $265.01M | $433.77M | $481.82M | $337.06M |
| Interest Income | $- | $- | $10.96M | $2.14M | $10.14M |
| Interest Expense | $15.24M | $15.44M | $10.96M | $2.14M | $10.14M |
| Depreciation and Amortization | $30.69M | $32.08M | $51.28M | $20.59M | $10.25M |
| EBITDA | $-19.92M | $-17.51M | $-229.62M | $17.01M | $13.69M |
| EBITDA Ratio | -10.47% | -7.73% | -66.65% | 3.55% | 4.00% |
| Operating Income | $-52.18M | $-38.43M | $-89.27M | $-2.40M | $-1.57M |
| Operating Income Ratio | -27.42% | -16.96% | -25.91% | -0.50% | -0.46% |
| Total Other Income Expenses Net | $-15.40M | $-26.59M | $-10.26M | $-3.02M | $-10.98M |
| Income Before Tax | $-67.59M | $-65.03M | $-291.86M | $-5.72M | $-6.70M |
| Income Before Tax Ratio | -35.52% | -28.70% | -84.72% | -1.19% | -1.96% |
| Income Tax Expense | $-869.00K | $-213.00K | $-6.44M | $-19.14M | $576.00K |
| Net Income | $-66.72M | $-64.81M | $-285.42M | $13.42M | $-7.27M |
| Net Income Ratio | -35.06% | -28.60% | -82.85% | 2.80% | -2.13% |
| EPS | $-1.45 | $-1.42 | $-6.35 | $0.34 | $-0.22 |
| EPS Diluted | $-1.45 | $-1.42 | $-6.35 | $0.31 | $-0.22 |
| Weighted Average Shares Outstanding | 45.99M | 45.51M | 44.97M | 39.99M | 33.50M |
| Weighted Average Shares Outstanding Diluted | 45.99M | 45.51M | 44.97M | 42.99M | 33.50M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $37.31M | $44.01M | $54.79M | $54.17M | $47.18M | $54.17M | $63.05M | $62.18M | $61.46M | $74.16M | $97.51M | $111.38M | $110.41M | $123.82M | $133.80M | $111.39M | $87.44M | $96.66M | $91.21M | $66.90M |
| Cost of Revenue | $35.48M | $35.49M | $49.09M | $49.24M | $43.63M | $50.86M | $48.58M | $50.80M | $61.93M | $68.29M | $90.17M | $94.77M | $91.72M | $93.83M | $104.21M | $88.17M | $71.43M | $78.47M | $73.33M | $55.33M |
| Gross Profit | $1.84M | $8.52M | $5.71M | $4.93M | $3.56M | $3.31M | $14.47M | $11.38M | $-473.00K | $5.86M | $7.34M | $16.61M | $18.68M | $29.99M | $29.59M | $23.22M | $16.01M | $18.18M | $17.88M | $11.56M |
| Gross Profit Ratio | 4.93% | 19.36% | 10.41% | 9.10% | 7.54% | 6.11% | 22.95% | 18.30% | -0.77% | 7.91% | 7.53% | 14.91% | 16.92% | 24.22% | 22.12% | 20.85% | 18.31% | 18.81% | 19.60% | 17.29% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $16.96M | $17.56M | $12.59M | $13.49M | $13.07M | $19.54M | $23.47M | $24.43M | $26.20M | $26.19M | $25.97M | $43.00M | $27.66M | $32.15M | $27.26M | $16.83M | $21.41M | $12.52M | $12.84M | $11.72M |
| Other Expenses | $- | $- | $79.00K | $215.00K | $96.00K | $402.00K | $-420.00K | $40.00K | $-130.00K | $615.00K | $458.00K | $-102.00K | $-290.00K | $-41.00K | $43.00K | $84.00K | $-33.00K | $-223.00K | $305.00K | $21.00K |
| Operating Expenses | $16.96M | $17.56M | $12.59M | $13.49M | $13.07M | $19.54M | $23.47M | $24.43M | $26.20M | $26.19M | $25.97M | $43.00M | $27.66M | $32.15M | $27.26M | $16.83M | $21.41M | $12.52M | $12.84M | $11.72M |
| Cost and Expenses | $52.43M | $53.05M | $61.67M | $62.73M | $56.70M | $70.40M | $72.05M | $75.23M | $88.13M | $94.48M | $116.14M | $137.77M | $119.38M | $125.98M | $131.47M | $104.99M | $92.84M | $91.00M | $86.17M | $67.06M |
| Interest Income | $- | $- | $- | $- | $- | $3.96M | $3.77M | $3.69M | $3.10M | $3.07M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Interest Expense | $3.58M | $3.91M | $3.81M | $3.93M | $4.02M | $3.96M | $3.77M | $3.69M | $3.10M | $3.07M | $2.42M | $2.37M | $1.86M | $132.00K | $54.00K | $90.00K | $2.28M | $2.55M | $2.51M | $2.80M |
| Depreciation and Amortization | $7.37M | $7.66M | $7.78M | $7.88M | $7.91M | $7.91M | $10.71M | $10.96M | $10.79M | $10.91M | $10.38M | $19.20M | $8.28M | $6.47M | $3.30M | $2.55M | $1.61M | $1.51M | $1.95M | $1.72M |
| EBITDA | $-6.56M | $-1.29M | $-11.47M | $-596.00K | $-3.42M | $-7.92M | $1.29M | $-2.06M | $-18.63M | $-11.27M | $-197.37M | $-7.30M | $-3.07M | $4.02M | $5.67M | $8.34M | $-4.65M | $6.95M | $7.21M | $1.56M |
| EBITDA Ratio | -17.58% | -2.94% | -20.94% | -1.10% | -7.24% | -14.63% | 2.05% | -3.31% | -30.32% | -15.20% | -202.42% | -6.55% | -2.78% | 3.25% | 4.24% | 7.48% | -5.32% | 7.19% | 7.90% | 2.33% |
| Operating Income | $-15.12M | $-9.04M | $-6.88M | $-8.56M | $-9.52M | $-16.23M | $-8.99M | $-13.05M | $-26.67M | $-20.32M | $-18.64M | $-26.40M | $-9.01M | $-2.41M | $2.33M | $6.38M | $-5.98M | $5.48M | $4.95M | $-167.00K |
| Operating Income Ratio | -40.52% | -20.53% | -12.56% | -15.80% | -20.17% | -29.97% | -14.27% | -20.99% | -43.39% | -27.40% | -19.11% | -23.70% | -8.16% | -1.94% | 1.74% | 5.73% | -6.84% | 5.67% | 5.43% | -0.25% |
| Total Other Income Expenses Net | $-2.40M | $-4.39M | $-3.73M | $-3.85M | $-3.92M | $-3.56M | $-4.19M | $-3.65M | $-3.37M | $-2.46M | $-1.97M | $-2.47M | $-2.15M | $-173.00K | $-11.00K | $-686.00K | $-3.22M | $-2.77M | $-2.28M | $-2.79M |
| Income Before Tax | $-17.52M | $-13.43M | $-23.06M | $-12.41M | $-15.35M | $-19.97M | $-13.18M | $-16.70M | $-30.04M | $-22.78M | $-210.17M | $-28.86M | $-11.16M | $-2.58M | $2.32M | $5.70M | $-9.21M | $2.71M | $2.75M | $-2.95M |
| Income Before Tax Ratio | -46.94% | -30.51% | -42.09% | -22.91% | -32.52% | -36.87% | -20.91% | -26.86% | -48.88% | -30.72% | -215.54% | -25.92% | -10.11% | -2.08% | 1.73% | 5.11% | -10.53% | 2.80% | 3.02% | -4.41% |
| Income Tax Expense | $-4.00K | $-279.00K | $390.00K | $196.00K | $-131.00K | $-89.00K | $-318.00K | $147.00K | $5.23M | $759.00K | $-6.86M | $-5.57M | $-112.00K | $-19.84M | $63.00K | $756.00K | $192.00K | $54.00K | $186.00K | $144.00K |
| Net Income | $-17.51M | $-13.15M | $-23.45M | $-12.61M | $-15.21M | $-19.88M | $-12.87M | $-16.85M | $-35.27M | $-23.54M | $-203.31M | $-23.30M | $-11.05M | $17.27M | $2.26M | $4.94M | $-9.40M | $2.65M | $2.57M | $-3.09M |
| Net Income Ratio | -46.93% | -29.87% | -42.80% | -23.27% | -32.25% | -36.71% | -20.40% | -27.10% | -57.38% | -31.74% | -208.51% | -20.92% | -10.00% | 13.94% | 1.69% | 4.43% | -10.75% | 2.74% | 2.81% | -4.62% |
| EPS | $-0.38 | $-0.29 | $-0.51 | $-0.28 | $-0.33 | $-0.44 | $-0.28 | $-0.37 | $-0.78 | $-0.52 | $-4.53 | $-0.52 | $-0.25 | $0.39 | $0.06 | $0.15 | $-0.41 | $0.08 | $0.12 | $-0.15 |
| EPS Diluted | $-0.38 | $-0.29 | $-0.51 | $-0.28 | $-0.33 | $-0.44 | $-0.28 | $-0.37 | $-0.78 | $-0.52 | $-4.53 | $-0.52 | $-0.25 | $0.37 | $0.05 | $0.13 | $-0.41 | $0.08 | $0.12 | $-0.15 |
| Weighted Average Shares Outstanding | 46.08M | 46.03M | 45.98M | 45.81M | 45.66M | 45.61M | 45.41M | 45.26M | 45.18M | 45.09M | 44.88M | 44.72M | 43.35M | 43.76M | 37.86M | 33.72M | 23.08M | 31.72M | 20.69M | 20.69M |
| Weighted Average Shares Outstanding Diluted | 46.08M | 46.03M | 45.98M | 45.81M | 45.66M | 45.61M | 45.41M | 45.26M | 45.18M | 45.09M | 44.91M | 44.72M | 44.42M | 46.29M | 42.04M | 39.00M | 23.11M | 31.72M | 20.88M | 20.69M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $26.11M | $30.31M | $21.29M | $26.61M | $75.18M |
| Short Term Investments | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $26.11M | $30.31M | $21.29M | $26.61M | $75.18M |
| Net Receivables | $14.76M | $16.89M | $17.23M | $42.11M | $24.78M |
| Inventory | $50.63M | $75.35M | $111.40M | $189.13M | $88.62M |
| Other Current Assets | $3.71M | $5.51M | $5.03M | $11.54M | $11.34M |
| Total Current Assets | $95.21M | $128.07M | $154.95M | $269.38M | $199.92M |
| Property Plant Equipment Net | $80.41M | $101.85M | $116.40M | $95.72M | $22.28M |
| Goodwill | $- | $- | $- | $204.87M | $- |
| Intangible Assets | $249.00M | $275.88M | $300.37M | $314.82M | $52.42M |
| Goodwill and Intangible Assets | $249.00M | $275.88M | $300.37M | $519.69M | $52.42M |
| Long Term Investments | $- | $- | $475.00K | $- | $- |
| Tax Assets | $- | $- | $-475.00K | $- | $- |
| Other Non-Current Assets | $1.48M | $1.84M | $1.84M | $6.45M | $1.18M |
| Total Non-Current Assets | $330.89M | $379.58M | $418.61M | $621.86M | $75.88M |
| Other Assets | $- | $- | $- | $- | $- |
| Total Assets | $426.10M | $507.64M | $573.56M | $891.24M | $275.80M |
| Account Payables | $12.28M | $12.61M | $13.63M | $26.68M | $22.64M |
| Short Term Debt | $17.64M | $12.28M | $20.91M | $16.66M | $8.15M |
| Tax Payables | $127.00K | $- | $451.00K | $729.00K | $585.00K |
| Deferred Revenue | $2.61M | $3.23M | $3.65M | $18.27M | $21.02M |
| Other Current Liabilities | $2.33M | $9.53M | $2.95M | $44.34M | $17.33M |
| Total Current Liabilities | $34.99M | $37.65M | $41.60M | $88.42M | $48.70M |
| Long Term Debt | $160.08M | $171.65M | $232.46M | $196.71M | $30.93M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $3.05M | $3.23M | $2.69M | $5.63M | $- |
| Other Non-Current Liabilities | $4.27M | $4.50M | $-53.07M | $-34.69M | $-14.75M |
| Total Non-Current Liabilities | $167.40M | $179.38M | $182.07M | $167.65M | $16.18M |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $202.38M | $217.03M | $223.68M | $256.06M | $64.88M |
| Preferred Stock | $- | $- | $783.04M | $777.07M | $275.80M |
| Common Stock | $- | $5.00K | $5.00K | $4.00K | $3.00K |
| Retained Earnings | $-557.46M | $-490.74M | $-425.93M | $-140.52M | $-153.93M |
| Accumulated Other Comprehensive Income Loss | $-8.91M | $-6.50M | $-7.24M | $-1.38M | $599.00K |
| Other Total Stockholders Equity | $790.09M | $787.85M | $783.04M | $777.07M | $364.25M |
| Total Stockholders Equity | $223.72M | $290.61M | $349.88M | $635.18M | $210.92M |
| Total Equity | $223.72M | $290.61M | $349.88M | $635.18M | $210.92M |
| Total Liabilities and Stockholders Equity | $426.10M | $507.64M | $573.56M | $891.24M | $275.80M |
| Minority Interest | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $426.10M | $507.64M | $573.56M | $891.24M | $275.80M |
| Total Investments | $- | $- | $475.00K | $- | $- |
| Total Debt | $169.53M | $183.93M | $186.07M | $167.57M | $20.06M |
| Net Debt | $143.41M | $153.62M | $164.78M | $140.97M | $-55.12M |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $26.11M | $24.40M | $30.31M | $24.15M | $30.31M | $32.46M | $26.68M | $18.70M | $21.29M | $16.49M | $26.45M | $12.16M | $26.61M | $12.68M | $193.59M | $60.26M | $75.18M | $29.09M | $31.83M | $-22.87M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $45.73M |
| Cash and Short Term Investments | $26.11M | $24.40M | $30.31M | $24.15M | $30.31M | $32.46M | $26.68M | $18.70M | $21.29M | $16.49M | $26.45M | $12.16M | $26.61M | $12.68M | $193.59M | $60.26M | $75.18M | $29.09M | $31.83M | $22.87M |
| Net Receivables | $14.76M | $15.76M | $18.57M | $22.47M | $16.89M | $17.07M | $18.21M | $22.60M | $17.23M | $24.27M | $32.52M | $45.79M | $42.11M | $35.65M | $33.94M | $33.52M | $24.78M | $25.69M | $24.35M | $- |
| Inventory | $50.63M | $58.22M | $58.72M | $72.31M | $75.35M | $80.10M | $95.12M | $103.43M | $111.40M | $137.03M | $157.35M | $190.00M | $189.13M | $163.35M | $121.50M | $96.28M | $88.62M | $79.99M | $55.24M | $- |
| Other Current Assets | $3.71M | $5.02M | $4.06M | $5.04M | $5.51M | $4.27M | $5.95M | $6.10M | $5.03M | $8.85M | $10.76M | $13.09M | $11.54M | $10.78M | $12.11M | $15.60M | $11.34M | $8.14M | $9.48M | $- |
| Total Current Assets | $95.21M | $103.40M | $111.66M | $123.97M | $128.07M | $133.90M | $145.96M | $150.84M | $154.95M | $186.66M | $227.07M | $261.04M | $269.38M | $222.46M | $361.14M | $205.66M | $199.92M | $142.91M | $120.89M | $22.87M |
| Property Plant Equipment Net | $80.41M | $85.49M | $88.58M | $98.50M | $101.85M | $104.77M | $109.81M | $112.14M | $116.40M | $100.47M | $104.55M | $105.92M | $95.72M | $56.66M | $35.18M | $21.13M | $22.28M | $19.18M | $19.82M | $- |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $183.34M | $204.87M | $297.52M | $147.03M | $- | $- | $- | $- | $- |
| Intangible Assets | $249.00M | $255.26M | $261.20M | $269.79M | $275.88M | $281.99M | $288.61M | $294.35M | $300.37M | $306.17M | $313.46M | $327.01M | $314.82M | $199.01M | $107.31M | $51.27M | $52.42M | $53.56M | $54.65M | $- |
| Goodwill and Intangible Assets | $249.00M | $255.26M | $261.20M | $269.79M | $275.88M | $281.99M | $288.61M | $294.35M | $300.37M | $306.17M | $313.46M | $510.35M | $519.69M | $496.54M | $254.34M | $51.27M | $52.42M | $53.56M | $54.65M | $- |
| Long Term Investments | $- | $- | $- | $- | $- | $531.00K | $530.00K | $- | $475.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Tax Assets | $- | $- | $- | $- | $- | $-531.00K | $-530.00K | $- | $-475.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $1.48M | $1.79M | $1.92M | $1.75M | $1.84M | $1.77M | $1.85M | $1.93M | $1.84M | $3.98M | $4.17M | $4.17M | $6.45M | $7.38M | $5.11M | $4.62M | $1.18M | $928.00K | $899.00K | $-22.87M |
| Total Non-Current Assets | $330.89M | $342.54M | $351.70M | $370.04M | $379.58M | $388.53M | $400.27M | $408.42M | $418.61M | $410.62M | $422.18M | $620.43M | $621.86M | $560.58M | $294.63M | $77.01M | $75.88M | $73.67M | $75.38M | $-22.87M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $426.10M | $445.94M | $463.36M | $494.02M | $507.64M | $522.43M | $546.23M | $559.26M | $573.56M | $597.27M | $649.25M | $881.47M | $891.24M | $783.04M | $655.77M | $282.68M | $275.80M | $216.58M | $196.27M | $- |
| Account Payables | $12.28M | $10.17M | $13.80M | $15.44M | $12.61M | $13.03M | $12.39M | $13.23M | $13.63M | $19.04M | $23.69M | $36.37M | $26.68M | $31.21M | $33.78M | $36.81M | $22.64M | $35.29M | $25.30M | $- |
| Short Term Debt | $17.64M | $9.46M | $17.53M | $10.57M | $21.57M | $20.25M | $21.21M | $21.32M | $20.91M | $18.12M | $18.39M | $17.84M | $16.66M | $39.41M | $11.76M | $8.49M | $8.15M | $40.37M | $29.34M | $- |
| Tax Payables | $127.00K | $326.00K | $333.00K | $146.00K | $- | $281.00K | $- | $- | $451.00K | $716.00K | $- | $- | $729.00K | $12.35M | $1.30M | $1.33M | $585.00K | $- | $- | $- |
| Deferred Revenue | $2.61M | $2.82M | $2.73M | $2.84M | $3.23M | $3.56M | $2.37M | $2.54M | $3.65M | $7.07M | $11.33M | $10.89M | $4.93M | $12.35M | $27.40M | $13.68M | $21.02M | $16.54M | $- | $- |
| Other Current Liabilities | $2.33M | $9.17M | $1.08M | $10.33M | $239.00K | $-1.74M | $-335.00K | $137.00K | $2.95M | $3.78M | $18.00M | $23.78M | $44.34M | $35.60M | $21.80M | $9.01M | $17.33M | $17.12M | $17.37M | $- |
| Total Current Liabilities | $34.99M | $31.95M | $35.48M | $39.32M | $37.65M | $35.39M | $35.64M | $37.23M | $41.60M | $48.73M | $71.41M | $88.88M | $88.42M | $118.57M | $68.63M | $55.64M | $48.70M | $92.78M | $72.01M | $- |
| Long Term Debt | $160.08M | $163.20M | $165.17M | $169.05M | $171.65M | $234.77M | $240.29M | $243.97M | $232.46M | $204.23M | $208.43M | $212.70M | $196.71M | $50.39M | $49.24M | $29.01M | $30.93M | $87.95M | $89.72M | $- |
| Deferred Revenue Non-Current | $- | $- | $50.22M | $53.66M | $56.24M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $3.05M | $3.23M | $3.23M | $3.23M | $3.23M | $2.68M | $2.69M | $2.69M | $2.69M | $- | $- | $6.58M | $5.63M | $3.19M | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $4.27M | $4.58M | $4.46M | $4.38M | $4.50M | $-54.33M | $-56.95M | $-58.84M | $-53.07M | $-38.18M | $-39.82M | $-42.15M | $-34.69M | $-24.15M | $-24.26M | $-13.82M | $-14.75M | $581.00K | $557.00K | $- |
| Total Non-Current Liabilities | $167.40M | $171.01M | $172.87M | $176.66M | $179.38M | $183.12M | $186.03M | $187.82M | $182.07M | $166.04M | $168.61M | $177.13M | $167.65M | $29.43M | $24.98M | $15.19M | $16.18M | $88.53M | $90.28M | $- |
| Other Liabilities | $- | $- | $- | $- | $1 | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $202.38M | $202.96M | $208.35M | $215.99M | $217.03M | $218.51M | $221.67M | $225.05M | $223.68M | $214.77M | $240.01M | $266.01M | $256.06M | $147.99M | $93.61M | $70.83M | $64.88M | $181.31M | $162.29M | $- |
| Preferred Stock | $- | $- | $789.37M | $788.60M | $787.85M | $786.83M | $785.89M | $784.10M | $783.04M | $781.43M | $779.91M | $778.46M | $777.07M | $783.04M | $655.77M | $282.68M | $- | $27.58M | $26.90M | $21.80M |
| Common Stock | $- | $5.00K | $5.00K | $5.00K | $5.00K | $5.00K | $5.00K | $5.00K | $5.00K | $5.00K | $4.00K | $4.00K | $4.00K | $4.00K | $4.00K | $3.00K | $3.00K | $2.00K | $7.00K | $- |
| Retained Earnings | $-557.46M | $-539.95M | $-526.80M | $-503.35M | $-490.74M | $-475.53M | $-455.64M | $-442.78M | $-425.93M | $-390.66M | $-367.12M | $-163.81M | $-140.52M | $-129.47M | $-146.74M | $-148.99M | $-153.93M | $-144.53M | $-147.19M | $- |
| Accumulated Other Comprehensive Income Loss | $-8.91M | $-7.09M | $-7.57M | $-7.23M | $-6.50M | $-7.38M | $-5.70M | $-7.12M | $-7.24M | $-8.27M | $-3.55M | $802.00K | $-1.38M | $-1.44M | $1.20M | $822.00K | $599.00K | $-390.00K | $-779.00K | $9.38M |
| Other Total Stockholders Equity | $790.09M | $790.01M | $789.37M | $788.60M | $787.85M | $786.83M | $785.89M | $784.10M | $783.04M | $781.43M | $779.91M | $778.46M | $777.07M | $765.95M | $707.69M | $360.01M | $364.25M | $180.19M | $155.03M | $- |
| Total Stockholders Equity | $223.72M | $242.98M | $255.01M | $278.03M | $290.61M | $303.92M | $324.56M | $334.20M | $349.88M | $382.50M | $409.24M | $615.46M | $635.18M | $635.04M | $562.16M | $211.85M | $210.92M | $35.27M | $33.98M | $31.18M |
| Total Equity | $223.72M | $242.98M | $255.01M | $278.03M | $290.61M | $303.92M | $324.56M | $334.20M | $349.88M | $382.50M | $409.24M | $615.46M | $635.18M | $635.04M | $562.16M | $211.85M | $210.92M | $35.27M | $33.98M | $31.18M |
| Total Liabilities and Stockholders Equity | $426.10M | $445.94M | $463.36M | $494.02M | $507.64M | $522.43M | $546.23M | $559.26M | $573.56M | $597.27M | $649.25M | $881.47M | $891.24M | $783.04M | $655.77M | $282.68M | $275.80M | $216.58M | $196.27M | $31.18M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $426.10M | $445.94M | $463.36M | $494.02M | $507.64M | $522.43M | $546.23M | $559.26M | $573.56M | $597.27M | $649.25M | $881.47M | $891.24M | $783.04M | $655.77M | $282.68M | $275.80M | $216.58M | $196.27M | $31.18M |
| Total Investments | $- | $- | $- | $- | $- | $531.00K | $530.00K | $- | $475.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $45.73M |
| Total Debt | $169.53M | $172.66M | $174.72M | $179.62M | $183.93M | $186.74M | $190.11M | $192.01M | $186.07M | $171.63M | $173.98M | $176.02M | $167.57M | $58.74M | $31.35M | $19.28M | $20.06M | $128.32M | $119.07M | $- |
| Net Debt | $143.41M | $148.25M | $144.41M | $155.47M | $153.62M | $154.28M | $163.43M | $173.31M | $164.78M | $155.13M | $147.53M | $163.86M | $140.97M | $46.06M | $-162.24M | $-40.98M | $-55.12M | $99.23M | $87.24M | $22.87M |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $-66.72M | $-64.81M | $-285.42M | $13.42M | $-7.27M |
| Depreciation and Amortization | $30.69M | $32.08M | $41.53M | $14.93M | $6.78M |
| Deferred Income Tax | $- | $2.00K | $-9.31M | $-21.00M | $52.00K |
| Stock Based Compensation | $2.38M | $5.08M | $8.35M | $5.01M | $8.89M |
| Change in Working Capital | $9.73M | $12.36M | $39.57M | $-62.93M | $-43.82M |
| Accounts Receivables | $1.62M | $766.00K | $16.66M | $-1.93M | $-6.33M |
| Inventory | $14.41M | $26.11M | $57.02M | $-46.85M | $-36.86M |
| Accounts Payables | $56.00K | $-1.10M | $-12.00M | $-7.22M | $4.79M |
| Other Working Capital | $-6.36M | $-13.41M | $-22.12M | $-6.93M | $-5.43M |
| Other Non Cash Items | $23.59M | $22.35M | $227.27M | $5.50M | $-9.46M |
| Net Cash Provided by Operating Activities | $-324.00K | $7.04M | $21.99M | $-45.07M | $-44.83M |
| Investments in Property Plant and Equipment | $- | $-4.21M | $-8.23M | $-5.40M | $-1.51M |
| Acquisitions Net | $- | $- | $190.00K | $-462.17M | $54.00K |
| Purchases of Investments | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- |
| Other Investing Activities | $1.67M | $45.00K | $-448.00K | $-610.00K | $2.00M |
| Net Cash Used for Investing Activities | $1.67M | $-4.17M | $-8.49M | $-468.18M | $546.00K |
| Debt Repayment | $-4.63M | $7.34M | $-1.50M | $119.50M | $-94.78M |
| Common Stock Issued | $- | $- | $- | $309.78M | $186.21M |
| Common Stock Repurchased | $- | $-271.00K | $-2.47M | $- | $-2.60M |
| Dividends Paid | $- | $- | $- | $- | $-2.60M |
| Other Financing Activities | $-142.00K | $-1.28M | $-18.70M | $35.42M | $3.10M |
| Net Cash Used Provided by Financing Activities | $-4.78M | $6.07M | $-20.20M | $464.71M | $88.14M |
| Effect of Forex Changes on Cash | $-770.00K | $82.00K | $-395.00K | $-27.00K | $232.00K |
| Net Change in Cash | $-4.20M | $9.02M | $-7.09M | $-48.57M | $44.10M |
| Cash at End of Period | $26.11M | $30.31M | $21.29M | $28.38M | $76.95M |
| Cash at Beginning of Period | $30.31M | $21.29M | $28.38M | $76.95M | $32.86M |
| Operating Cash Flow | $-324.00K | $7.04M | $21.99M | $-45.07M | $-44.83M |
| Capital Expenditure | $- | $-4.21M | $-8.23M | $-5.40M | $-1.51M |
| Free Cash Flow | $-324.00K | $2.83M | $13.76M | $-50.47M | $-46.33M |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-17.51M | $-13.15M | $-23.45M | $-12.61M | $-15.21M | $-19.88M | $-12.87M | $-16.85M | $-35.27M | $-23.54M | $-203.31M | $-23.30M | $-11.05M | $17.27M | $2.26M | $4.94M | $-9.40M | $2.65M | $2.57M | $-3.09M |
| Depreciation and Amortization | $- | $7.66M | $7.78M | $7.88M | $7.91M | $7.91M | $10.71M | $10.96M | $8.31M | $6.99M | $24.78M | $16.94M | $6.30M | $4.86M | $2.19M | $1.59M | $1.61M | $1.51M | $1.95M | $1.72M |
| Deferred Income Tax | $- | $- | $- | $- | $2.00K | $-7.91M | $-10.71M | $-10.96M | $3.08M | $43.00K | $-7.84M | $-4.59M | $256.00K | $-21.25M | $- | $- | $52.00K | $- | $- | $- |
| Stock Based Compensation | $92.00K | $668.00K | $772.00K | $853.00K | $1.05M | $1.02M | $1.82M | $1.18M | $1.71M | $1.67M | $2.07M | $2.91M | $1.68M | $1.23M | $1.10M | $1.00M | $8.73M | $245.00K | $131.00K | $34.00K |
| Change in Working Capital | $8.89M | $-3.36M | $4.64M | $-1.28M | $700.00K | $8.11M | $9.03M | $-5.48M | $16.86M | $15.55M | $16.23M | $-9.07M | $-23.18M | $-22.82M | $-5.17M | $-11.77M | $-25.20M | $-12.19M | $-4.56M | $-1.87M |
| Accounts Receivables | $797.00K | $2.81M | $3.73M | $-5.71M | $583.00K | $1.08M | $4.24M | $-5.14M | $3.53M | $6.95M | $13.02M | $-6.83M | $-186.00K | $3.31M | $6.50M | $-11.55M | $1.36M | $2.42M | $-59.00K | $-10.06M |
| Inventory | $5.56M | $246.00K | $6.45M | $2.16M | $3.55M | $7.13M | $8.12M | $7.32M | $19.88M | $15.85M | $21.44M | $-143.00K | $6.26M | $-25.81M | $-19.80M | $-7.50M | $-7.13M | $-24.79M | $-9.26M | $4.32M |
| Accounts Payables | $2.31M | $-3.00M | $-2.15M | $2.89M | $-563.00K | $667.00K | $-863.00K | $-346.00K | $-5.46M | $-3.65M | $-13.35M | $10.45M | $-9.05M | $-6.39M | $-6.11M | $14.33M | $-13.35M | $10.03M | $6.24M | $1.88M |
| Other Working Capital | $218.00K | $-3.41M | $-3.39M | $-615.00K | $-2.87M | $-768.00K | $-2.47M | $-7.31M | $-1.09M | $-3.60M | $-4.89M | $-12.54M | $-20.20M | $6.07M | $14.24M | $-7.05M | $-6.09M | $146.00K | $-1.48M | $1.99M |
| Other Non Cash Items | $11.19M | $3.71M | $22.34M | $20.14M | $3.96M | $18.42M | $11.93M | $12.20M | $11.81M | $7.51M | $185.50M | $6.94M | $-1.57M | $3.71M | $1.76M | $1.60M | $-12.84M | $1.65M | $266.00K | $1.47M |
| Net Cash Provided by Operating Activities | $2.66M | $-4.47M | $3.78M | $-2.30M | $-1.58M | $7.67M | $9.91M | $-8.95M | $6.50M | $8.22M | $17.42M | $-10.15M | $-27.56M | $-17.01M | $2.14M | $-2.64M | $-37.05M | $-6.38M | $351.00K | $-1.75M |
| Investments in Property Plant and Equipment | $-270.00K | $1.81M | $-368.00K | $-1.44M | $-159.00K | $-750.00K | $-1.65M | $-1.65M | $-1.12M | $-2.59M | $-2.05M | $-2.47M | $-2.33M | $-2.38M | $-263.00K | $-428.00K | $-808.00K | $-392.00K | $-226.00K | $-82.00K |
| Acquisitions Net | $- | $-3.70M | $3.70M | $- | $- | $- | $- | $- | $-190.00K | $190.00K | $- | $190.00K | $-46.25M | $-220.10M | $-195.82M | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $478.00K | $1.07M | $356.00K | $34.00K | $47.00K | $-45.00K | $-8.00K | $51.00K | $205.00K | $-242.00K | $-306.00K | $-105.00K | $-190.00K | $-320.00K | $-195.90M | $-17.00K | $26.00K | $8.00K | $6.00K | $2.01M |
| Net Cash Used for Investing Activities | $208.00K | $-819.00K | $3.69M | $-1.41M | $-112.00K | $-795.00K | $-1.66M | $-1.60M | $-1.10M | $-2.64M | $-2.36M | $-2.38M | $-48.78M | $-222.80M | $-196.16M | $-445.00K | $-782.00K | $-384.00K | $-220.00K | $1.93M |
| Debt Repayment | $-474.00K | $-682.00K | $-1.22M | $-2.01M | $-292.00K | $-470.00K | $-487.00K | $8.08M | $-443.00K | $-296.00K | $-470.00K | $-290.00K | $93.21M | $26.08M | $113.00K | $94.00K | $-102.43M | $6.32M | $1.74M | $-4.87M |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $1.00K | $- | $330.09M | $- | $182.42M | $- | $- | $- |
| Common Stock Repurchased | $- | $97.00K | $- | $-97.00K | $-37.00K | $-86.00K | $-25.00K | $-123.00K | $-89.00K | $-276.00K | $-546.00K | $-1.56M | $- | $-2.98M | $-3.31M | $-11.60M | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-2.60M | $- | $- | $- |
| Other Financing Activities | $-15.00K | $-29.00K | $-1.00K | $-352.00K | $-287.00K | $-333.00K | $-25.00K | $-123.00K | $-277.00K | $-15.84M | $-926.00K | $-1.66M | $-2.96M | $32.93M | $327.16M | $-11.92M | $186.77M | $-250.00K | $-160.00K | $3.63M |
| Net Cash Used Provided by Financing Activities | $-489.00K | $-711.00K | $-1.22M | $-2.36M | $-579.00K | $-803.00K | $-512.00K | $7.96M | $-720.00K | $-16.13M | $-1.40M | $-1.95M | $90.26M | $59.00M | $327.27M | $-11.83M | $81.74M | $6.07M | $1.58M | $-1.23M |
| Effect of Forex Changes on Cash | $-668.00K | $87.00K | $-92.00K | $-97.00K | $131.00K | $-295.00K | $241.00K | $5.00K | $120.00K | $-400.00K | $-158.00K | $43.00K | $2.00K | $-102.00K | $77.00K | $-4.00K | $193.00K | $103.00K | $82.00K | $-146.00K |
| Net Change in Cash | $1.71M | $-5.91M | $6.16M | $-6.16M | $-2.15M | $5.78M | $7.98M | $-2.59M | $4.80M | $-10.95M | $13.51M | $-14.45M | $13.93M | $-180.91M | $133.33M | $-14.91M | $44.10M | $-597.00K | $1.79M | $-1.20M |
| Cash at End of Period | $26.11M | $24.40M | $30.31M | $24.15M | $30.31M | $32.46M | $26.68M | $18.70M | $21.29M | $16.49M | $27.45M | $13.93M | $28.38M | $14.46M | $195.37M | $62.04M | $76.95M | $32.85M | $33.45M | $31.66M |
| Cash at Beginning of Period | $24.40M | $30.31M | $24.15M | $30.31M | $32.46M | $26.68M | $18.70M | $21.29M | $16.49M | $27.45M | $13.93M | $28.38M | $14.46M | $195.37M | $62.04M | $76.95M | $32.85M | $33.45M | $31.66M | $32.86M |
| Operating Cash Flow | $2.66M | $-4.47M | $3.78M | $-2.30M | $-1.58M | $7.67M | $9.91M | $-8.95M | $6.50M | $8.22M | $17.42M | $-10.15M | $-27.56M | $-17.01M | $2.14M | $-2.64M | $-37.05M | $-6.38M | $351.00K | $-1.75M |
| Capital Expenditure | $-270.00K | $1.81M | $-368.00K | $-1.44M | $-159.00K | $-750.00K | $-1.65M | $-1.65M | $-1.12M | $-2.59M | $-2.05M | $-2.47M | $-2.33M | $-2.38M | $-263.00K | $-428.00K | $-808.00K | $-392.00K | $-226.00K | $-82.00K |
| Free Cash Flow | $2.39M | $-2.66M | $3.42M | $-3.74M | $-1.74M | $6.92M | $8.26M | $-10.60M | $5.38M | $5.63M | $15.37M | $-12.62M | $-29.89M | $-19.39M | $1.87M | $-3.07M | $-37.86M | $-6.77M | $125.00K | $-1.83M |
Hydrofarm Holdings Group Dividends
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April 2025 Ancillary Cannabis Stock Watchlist: Three Companies Powering the Industry
As the cannabis market expands across the United States, ancillary companies are stepping into the spotlight. These companies provide essential services and products to cannabis growers and retailers without touching the plant itself. Therefore, they can offer exposure to the sector without the same regulatory risks. Today, we explore three top ancillary cannabis stocks to watch in March 2025.
Best Cannabis Infrastructure Stocks to Buy in 2025
The U.S. cannabis industry continues to expand rapidly. Experts estimate the market will exceed $45 billion in annual revenue by 2025. This growth is fueled by consumer demand, increasing dispensary presence, and employment surges across cultivation and retail sectors. Most Americans now live near a licensed cannabis store, and the industry employs hundreds of thousands. While federal legalization remains pending, significant momentum is building. Recent federal efforts to reclassify cannabis could reduce restrictions and tax burdens. These changes would directly benefit ancillary businesses supporting cultivation and distribution. Therefore, many investors are closely watching this space for early opportunities.
Top Cannabis Stocks In The Public Sector 2025
Most cannabis stock investors are stuck in a unique position in the sector. To start, most publicly traded cannabis companies are down and have been for some time. With all that is occurring across the stock market due to the tariffs, new concerns are further to grow. No one knows exactly how this will impact marijuana stocks and the future of the cannabis industry. People are trying to make the best choices on where to stay calm, cut their losses, or double down on how low the sector has fallen.
April 2025 Watchlist: Best Ancillary Cannabis Stocks for Growth Potential
The U.S. cannabis industry is experiencing significant growth, with legal sales projected to reach around $45 billion in 2025. Wider legalization efforts and increased consumer demand fuel this rapid expansion. Today, most Americans live in areas with at least one licensed dispensary. Recently, there has also been renewed momentum toward federal cannabis reform, with new legalization initiatives gaining traction. As these trends continue, ancillary cannabis companies are becoming key players. They supply the tools, technologies, and services that drive the industry forward without touching the plant directly.
3 Marijuana Stocks That Make Better Investments Than The Rest
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 amount of speculation about what may take place in the future.
March 2025 Watchlist: Top Ancillary Cannabis Stocks Poised for Growth
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 marijuana. Recently, Congress discussed federal cannabis reform, increasing speculation about potential rescheduling. If federal legalization advances, ancillary stocks could see strong momentum. These companies provide essential products, including hydroponics, lighting, and packaging, benefiting from growing cannabis demand. As the industry evolves, investors are closely watching top-performing ancillary stocks this week.
Top Ancillary Cannabis Stocks for March 2025: Growth Opportunities Ahead
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, several states, including Pennsylvania and Ohio, have pushed for adult-use legalization, adding momentum to federal reform discussions. Investors are watching how these changes could impact market leaders. Ancillary stocks provide key products for cannabis cultivators, making them essential for industry success.
Hydrofarm Holdings Group, Inc. (HYFM) Q4 2024 Earnings Call Transcript
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 for standing by. Welcome to the Hydrofarm Holdings Group Fourth Quarter and Fiscal Year 2024 Earnings Conference Call.
Hydrofarm Holdings Group Announces Fourth Quarter and Full Year 2024 Results
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.
Top Ancillary Cannabis Stocks to Watch in March 2025: Industry Leaders for Growth
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 industry growth. Additionally, the SAFER Banking Act remains a key topic in Congress, potentially improving financial access for cannabis businesses. As the industry evolves, ancillary companies play a crucial role in supporting cultivation and distribution. These businesses benefit from market expansion without the risks associated with direct cannabis sales.
Hydrofarm Holdings Group, Inc. to Announce Fourth Quarter and Full Year 2024 Results on March 5, 2025
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, March 5, 2025 at 8:30 AM ET. A press release containing fourth quarter and full year 2024 results will be issued before market open that same day.
Hydrofarm Announces Reverse Stock Split
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 The Nasdaq Capital Market on a split-adjusted basis beginning on February 13, 2025, under the Company's existing trading symbol “HYFM.”
Ancillary Cannabis Stocks to Watch in February: Strong Picks for 2025
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.
Best Ancillary Cannabis Stocks for February: Strong Picks in Real Estate, Tech, and Equipment
The U.S. cannabis industry continues expanding, creating opportunities for companies that support the sector. In 2023, legal cannabis sales reached $34 billion, with projections exceeding $50 billion by 2028. Ancillary cannabis stocks provide services such as real estate, technology, and equipment without directly handling the plant. These businesses are essential for industry growth. Recent headlines suggest more states are considering legalization, increasing demand for cannabis infrastructure. Federal reform discussions also continue, fueling speculation about potential policy shifts. As the industry expands, investors look for stocks benefiting from this growth.
How Federal Legalization Could Boost Ancillary Cannabis Stocks in 2025
The cannabis industry continues to grow in prominence as legalization efforts expand across the United States. Ancillary cannabis companies, which support the sector without directly touching the plant, are becoming pivotal in driving this growth. These companies often manufacture essential products like lighting, irrigation systems, and other equipment critical for cannabis cultivation. In 2025, they stand at the forefront of a transformative era, fueled by advancing legislation and innovative technology.
3 Marijuana Stocks For Investors This Year
The success of the cannabis industry in the United States has left many intrigued. Cannabis was once a taboo subject to talk about is now a multi-billion-dollar industry and it's only getting bigger. This is due to several factors that contribute to this growth, for one lots of people love cannabis so access to legal cannabis has only increased the demand. With more people wanting to enjoy cannabis, this only adds to the revenue being made.
Top Ancillary Cannabis Stocks to Watch Before 2025
The US cannabis industry continues to expand, with sales projected to reach $41 billion by 2025, according to recent data. Ancillary cannabis companies, which provide essential products and services to growers and retailers, remain key players in this growth. These businesses benefit from industry expansion without directly handling the plant, reducing regulatory risks. Recent headlines highlight ongoing federal legalization discussions, signaling potential reforms to drive future demand. This week offers investors a prime opportunity to monitor top ancillary cannabis stocks as the market evolves.
Top Ancillary Cannabis Stocks Showing Momentum This Week
The cannabis sector has experienced a significant pullback recently, largely influenced by ongoing regulatory challenges and market conditions. Despite these setbacks, the ancillary cannabis market continues to show resilience and potential for growth. Ancillary companies, which provide critical services and products to the cannabis industry without directly touching the plant, play an essential role in the supply chain. These companies are often more insulated from regulatory uncertainties, making them attractive to investors seeking exposure to cannabis without direct risks.
Top Picks: Ancillary Cannabis Stocks Gaining Momentum in the Past Month
The US cannabis industry continues to expand rapidly, presenting unique opportunities for investors in ancillary cannabis stocks. Analysts project the market could reach $100 billion in value by 2030 as legalization spreads across states. Ancillary companies like WM Technology, Hydrofarm, and NewLake Capital Partners provide essential services that support this growth. These businesses benefit from the demand for advertising platforms, cultivation equipment, and real estate solutions. Moreover, they offer an indirect way to invest in cannabis while avoiding risks tied to plant-touching operations. As the industry matures, ancillary stocks remain critical for long-term success.
Top Marijuana Stocks For Better Market Action
The cannabis industry continues to grow and shows why people should be finding ways to invest. Now marijuana stocks for some time have been one of the tougher sectors to pull consistent profits from. There is a lack of continuous momentum and when there is it is often due to politics on cannabis reform. Other factors that help the sector build better momentum is when companies report strong earnings. When people can see that a company is thriving it entices them to invest looking further into marijuana stocks.
Hydrofarm Holdings Group, Inc. (HYFM) Q3 2024 Earnings Call Transcript
Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Anna Kate Heller - Investor Relations William Toler - Chairman and Chief Executive Officer B. John Lindeman - Chief Financial Officer Conference Call Participants Andrew Carter - Stifle Jesse Redmond - Tower Research Operator Good day, ladies and gentlemen, and thank you for standing by.
Top Picks for Ancillary Cannabis Stocks During the Marijuana Market Downturn
As the cannabis market faces recent fluctuations, ancillary cannabis stocks present a unique opportunity for investors. Ancillary companies, which supply essential tools and services to growers and retailers, often show resilience during market downturns. The US cannabis industry continues its growth trajectory, valued at over $13 billion in 2023, with projections suggesting it will reach $40 billion by 2030. However, Amendment 3's failure in Florida has recently sparked a pullback. This setback has stalled expansion in one of the country's largest potential cannabis markets. Despite this, federal legalization talks persist, with recent headlines hinting at possible reform that could boost investor confidence.
Top Marijuana Stocks For Cannabis Investors In 2024
This past week was the time to find top marijuana stocks to buy. Why you ask well it's becuase of the volatile decline that took place. Now just becuase this recent pullback led to more buys doesn't mean it did not have a negative impact. With all the uproar about the presidential election and the need for more cannabis support, you would speculate better trading would happen. Yet this was not the case but there is still hope for the near future.
These 3 Marijuana Stocks Could Hit Big Momentum
More cannabis companies are preparing to report earnings, and this could be big for the sector. There has been an increase in people investing in marijuana stocks. The reason is that it is the easiest way to be part of the industry without all the heavy lifting. You do not need to start a company and go into production. The ability for cannabis companies to be publicly traded gives people the opportunity to find top marijuana stocks to buy. The amount of growth and progress that occurred over the last several years is only proving why legal cannabis should have been established long ago.
Hydrofarm Holdings Group, Inc. Announces Fireside Chat with Water Tower Research
SHOEMAKERSVILLE, Pa., Oct. 09, 2024 (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 the Company was featured on the WTR Small-Cap Spotlight with Jesse Redmond, Head of Cannabis at Water Tower Research (“WTR”).
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