GrowGeneration Corp. (NASDAQ: GRWG), a top provider of hydroponic and organic gardening products reported its financial results for 2023, with net revenue reaching $225.9 million, outperforming expectations. Despite this achievement, the year witnessed a revenue decrease of 18.8%. This decline, however, was accompanied by an improved gross margin attributed to a strategic shift towards proprietary product sales. Darren Lampert, GrowGen’s co-founder and CEO expressed satisfaction with their performance, stating, “I am pleased that our hard work and dedication to executing our strategic initiati…
