Barely 48 hours after acquiring a hydroponic and gardening business in Oregon, cannabis cultivation company GrowGeneration Corp. said it is buying Mendocino Greenhouse and Garden Supply, a hydroponic and gardening store in Northern California.
Terms of the deal were not disclosed.
Denver-based GrowGeneration, which owns 58 hydroponic and organic garden centers across the U.S., said in a news release that it expects its new acquisition’s sales to surpass $8 million annually.
Founded in 2005, Redwood Valley-based Mendocino Greenhouse has eight employees, including founder Nick Halfacre, who will stay on as general manager.
That acquisition comes on the heels of GrowGen’s Tuesday purchase of Aqua Serene, a hydroponic garden center with two stores in southern Oregon.