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R.F. Lafferty Equity Research - GrowGeneration Corp,

We are initiating coverage of GrowGeneration Corp. (GRWG) with a Buy rating and $5.25 price target.  GrowGeneration Corp., a leading company in the hydroponic gardening industry, owns and operates specialty hydroponic gardening stores, servicing commercial and small cannabis growers throughout the key markets within the United States.

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