Shares of hydroponic and organic gardening stores chain GrowGeneration Corp. (GRWG) are climbing more than 13% Wednesday morning and touched a new high of $46.27.
The gardening supply company that sells equipment to grow pot has seen more than 10-fold growth this year.
In the third quarter, revenue for the company had grown 153% year-over-year to $55.0 million. In December 2020, the US house of Representatives has passed a bill to decriminalize use of cannabis.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.