Investing in Hydroponics with Hydrofarm Stock
If you happen to live in Arizona and exercised your right to vote, some people owe you a debt of gratitude. That’s right, we’re talking, of course, about the legalization of recreational cannabis in the State of Arizona. As a result of your votes, the prosecutor in Arizona’s largest county is dropping all pending charges for recreational marijuana use by adults. It’s the same sort of relief you get when waking up in the drunk tank and realizing the county isn’t going to press charges.
The only thing the Americans seem to like more than political pissing contests is puffing the magic dragon. When the dust settled following the elections, Arizona, Montana, New Jersey, and South Dakota all voted to approve cannabis for adult recreational use. Since cannabis companies cannot transact across state lines, this means a whole lot of new grow rooms will be coming online soon. One company that stands to benefit from all that growth is Hydrofarm.
Our leadership team often refers to Hydrofarm as a “40 year-old start-up”
Bill Toler, Chairman and Chief Executive Officer of Hydrofarm
About Hydrofarm Stock
Founded in 1977, Petaluma
