RTTNews | Mar 22, 2021 09:55AM EDT

09:55 Monday, March 22, 2021 (RTTNews.com) - Shares of GrowGeneration Corp. (GRWG) are rising over 5% Monday morning, after the company announced its acquisition of Agron.io, a wholesale agriculture platform. The company expects Agron to contribute $20 million in revenue for GrowGen this year.

With this acquisition, Agron.io Powered by GrowGeneration continues to be a one-stop destination for GrowGeneration's growing roster of commercial clients across the U.S. GrowGeneration provides growers from retail and craft growers, "to many of the nation's multi-state operators (MSOs) with everything they need to efficiently and sustainably grow cannabis indoors at scale, from greenhouses to lights, and from nutrients to equipment."

GRWG has been trading in the range of $2.85 - $67.75 for the past one year, and are currently trading at $57.55, up $2.77 or 5.06%, with trading volume of over 789K versus an average volume of 2.63 million shares.

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