Benzinga | Oct 7, 2021 03:36PM EDT

GrowGeneration To Distribute Mycorrhizal Inoculant 'DYNOMYCO'

* GrowGeneration Corp (NASDAQ:GRWG) has signed a distributive agreement with Groundwork BioAg, a global bio-agriculture company, to offer DYNOMYCO to hydroponic and organic growers across the U.S.

* DYNOMYCO is a brand of highly-concentrated mycorrhizal inoculants formulated explicitly for cannabis.

* DYNOMYCO has exhibited strong efficacy in cannabis, with yield increases of 10%-45% and increased cannabinoid content.

* It also reduces dependency on phosphorus fertilizer, improves nutrient uptake, and reduces transplantation shock.

* Price Action: GRWG shares are trading higher by 4.27% at $24.4 on the last check Thursday.