Latest news with #EU-facing
Yahoo
3 days ago
- Business
- Yahoo
GrowGeneration Announces International Expansion with Distribution Agreement Across the European Union and Footprint in Costa Rica
DENVER, June 10, 2025 (GLOBE NEWSWIRE) -- GrowGeneration Corp. (NASDAQ: GRWG) ('GrowGen' or the 'Company'), the nation's largest specialty retailer of hydroponic and organic gardening products, today announced it has entered into a distribution agreement with V1 Solutions, a Macedonia-based company that will act as GrowGen's sales and marketing partner for its proprietary product lines throughout the European Union. Additionally, the Company announced the distribution of its proprietary products in Costa Rica, making its products available to cultivators in Central America. Targeted EU Expansion Driven by Evolving Cannabis LandscapeV1 Solutions has developed and maintains key strategic relationships with commercial cultivators across the European region. This agreement enables GrowGen to meet the growing demand for advanced cultivation products that comply with evolving regulatory and quality standards as cannabis reform accelerates across the European Union. Target markets include: Germany, where recreational cannabis was legalized in 2024, unlocking significant commercial and medical cultivation potential. Portugal, a leading exporter of medical cannabis to the EU and a hub for EU-GMP-certified cultivation. Malta and Luxembourg, which have enacted progressive cannabis reform and are scaling their domestic cultivation industries. The Netherlands, launching pilot adult-use programs with government-licensed growers. Czech Republic and Greece, where updated regulatory frameworks are attracting major cultivation investments. Macedonia, as a strategic Balkan hub supporting EU-facing cannabis production. Uruguay, a pioneer in cannabis legalization, opening doors for broader South American market expansion. GrowGeneration will supply commercial cultivators, garden centers, and licensed operators in these countries with its proprietary brands—Drip Hydro, Char Coir, Ion Lighting, Power Si, and The Harvest Company—designed by growers for growers. Costa Rica: Gateway to Central American ExpansionGrowGen has also launched its proprietary brands in Costa Rica, whose government has issued over 50 licenses for hemp and cannabis production during the past year. The country's favorable growing conditions and developing export infrastructure make it a key growth market in Central America. 'As legalization advances, the EU and Costa Rica are rapidly becoming some of the most promising cannabis cultivation markets in the world,' said Darren Lampert, GrowGen's Co-Founder and Chief Executive Officer. 'We are thrilled to bring our proven product lines to professional growers across Europe and Central America, who are seeking yield-maximizing, cost-effective solutions backed by North American cultivation expertise.' International Expansion StrategyGrowGen is actively exploring additional markets in Eastern Europe and Latin America, consistent with its strategy to serve high-growth regions through local partnerships and product education. GrowGeneration's international expansion activities align with its. The Company's international sales infrastructure, regulatory expertise, and strong distribution network position it to capitalize on the cannabis cultivation boom in regions where legalization continues to advance. About GrowGeneration Corp:GrowGen is the nation's largest specialty hydroponic and organic gardening retailer. GrowGen carries and sells thousands of products, such as nutrients, additives, growing media, lighting, environmental control systems, and benching and racking, including proprietary brands such as Charcoir, Drip Hydro, Power Si, Ion lights, The Harvest Company, and more. The Company also operates an online superstore for cultivators at as well as a wholesale business for resellers, and a benching, racking, and storage solutions business, Mobile Media or MMI. To be added to the GrowGeneration email distribution list, please email GrowGen@ with GRWG in the subject line. Forward Looking Statements:This press release may include predictions, estimates or other information that might be considered forward-looking within the meaning of applicable securities laws. While these forward-looking statements represent current judgments, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect opinions only as of the date of this release. Please keep in mind that the Company does not have an obligation to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events. When used herein, words such as 'look forward,' 'expect,' 'believe,' 'anticipate,' 'estimate,' or variations of such words and similar expressions are intended to identify forward-looking statements. Factors that could cause actual results to differ materially from those contemplated in any forward-looking statements made by us herein are often discussed in filings made with the United States Securities and Exchange Commission, available at: and on the Company's website, at: Contacts:KCSA Strategic CommunicationsPhilip CarlsonManaging DirectorT: 212-896-1233E: GrowGen@
Scotsman
02-05-2025
- Business
- Scotsman
Xbox prices rise as Harrod's hit by cyber attack and Reform claims big election win
Reform gaining ground could lead to volatility and shift in economic consensus in longer term - opinion Reform UK's solid showing in the local elections, and its narrow by-election win in Runcorn and Helsby, marks a continuation of a trend many had predicted: growing public support for the party as disillusionment with the political status quo deepens. Assume, for a moment, that Reform can sustain this momentum and begin shaping policy in a meaningful way. What might that mean for the UK economy? While the outcome is impossible to predict, we can make a few informed guesses. If Reform continues to grow in influence, it could destabilise the long-standing two-party model. Some voters may welcome that shift, but markets tend to view political fragmentation with caution. Greater uncertainty, especially around general elections and legislative priorities, could lead to increased volatility. The party's platform includes tougher immigration controls and a focus on deregulation. If mainstream parties adopt these positions to stem losses, it could impact the labour market, particularly in sectors like health, hospitality, logistics and agriculture, which rely heavily on overseas workers. Wage inflation could follow, even as some businesses benefit from looser red tape. Reform's rise could also pull the Conservatives further toward populist economic policies, including lower taxation, trade protectionism and reduced commitment to net zero. That would have implications for investment, especially in sectors aligned with green growth, ESG goals or EU-facing trade. Nigel Farage remains a polarising figure internationally. For some investors, a stronger Reform presence might trigger caution, delaying decisions until there's clarity around policy direction on regulation, trade and climate commitments. Then there's the broader political impact: if the main parties feel pressure from Reform, they may shy away from bold economic reforms, particularly those involving tax, green investment, or public service restructuring, for fear of alienating voters. Reform's breakthrough in Runcorn and Helsby may also trigger internal unease within Labour ranks, particularly as it follows a broader pattern of frustration among voters in traditionally safe seats. While one result doesn't undo Labour's national lead, it could prompt questions about Sir Keir Starmer's ability to connect with working-class and disaffected voters - the very groups Reform is targeting. If leadership doubts begin to simmer, Labour risks losing focus on its policy agenda, including key proposals affecting business confidence, investment and economic reform. Of course, local and by-election results often serve as protest votes. But if Reform continues to gain ground, its worldview could begin to reshape, or even unravel, decades of relative economic consensus.
Scotsman
02-05-2025
- Business
- Scotsman
Xbox prices rise as Harrod's hit by cyber attack and Reform claims big election win
Reform gaining ground could lead to volatility and shift in economic consensus in longer term - opinion Reform UK's solid showing in the local elections, and its narrow by-election win in Runcorn and Helsby, marks a continuation of a trend many had predicted: growing public support for the party as disillusionment with the political status quo deepens. Assume, for a moment, that Reform can sustain this momentum and begin shaping policy in a meaningful way. What might that mean for the UK economy? While the outcome is impossible to predict, we can make a few informed guesses. If Reform continues to grow in influence, it could destabilise the long-standing two-party model. Some voters may welcome that shift, but markets tend to view political fragmentation with caution. Greater uncertainty, especially around general elections and legislative priorities, could lead to increased volatility. The party's platform includes tougher immigration controls and a focus on deregulation. If mainstream parties adopt these positions to stem losses, it could impact the labour market, particularly in sectors like health, hospitality, logistics and agriculture, which rely heavily on overseas workers. Wage inflation could follow, even as some businesses benefit from looser red tape. Reform's rise could also pull the Conservatives further toward populist economic policies, including lower taxation, trade protectionism and reduced commitment to net zero. That would have implications for investment, especially in sectors aligned with green growth, ESG goals or EU-facing trade. Nigel Farage remains a polarising figure internationally. For some investors, a stronger Reform presence might trigger caution, delaying decisions until there's clarity around policy direction on regulation, trade and climate commitments. Then there's the broader political impact: if the main parties feel pressure from Reform, they may shy away from bold economic reforms, particularly those involving tax, green investment, or public service restructuring, for fear of alienating voters. Reform's breakthrough in Runcorn and Helsby may also trigger internal unease within Labour ranks, particularly as it follows a broader pattern of frustration among voters in traditionally safe seats. While one result doesn't undo Labour's national lead, it could prompt questions about Sir Keir Starmer's ability to connect with working-class and disaffected voters - the very groups Reform is targeting. If leadership doubts begin to simmer, Labour risks losing focus on its policy agenda, including key proposals affecting business confidence, investment and economic reform. Of course, local and by-election results often serve as protest votes. But if Reform continues to gain ground, its worldview could begin to reshape, or even unravel, decades of relative economic consensus.
Scotsman
02-05-2025
- Business
- Scotsman
Xbox prices rise as Harrod's hit by cyber attack and Reform claims big election win
Reform gaining ground could lead to volatility and shift in economic consensus in longer term - opinion Reform UK's solid showing in the local elections, and its narrow by-election win in Runcorn and Helsby, marks a continuation of a trend many had predicted: growing public support for the party as disillusionment with the political status quo deepens. Assume, for a moment, that Reform can sustain this momentum and begin shaping policy in a meaningful way. What might that mean for the UK economy? While the outcome is impossible to predict, we can make a few informed guesses. If Reform continues to grow in influence, it could destabilise the long-standing two-party model. Some voters may welcome that shift, but markets tend to view political fragmentation with caution. Greater uncertainty, especially around general elections and legislative priorities, could lead to increased volatility. The party's platform includes tougher immigration controls and a focus on deregulation. If mainstream parties adopt these positions to stem losses, it could impact the labour market, particularly in sectors like health, hospitality, logistics and agriculture, which rely heavily on overseas workers. Wage inflation could follow, even as some businesses benefit from looser red tape. Reform's rise could also pull the Conservatives further toward populist economic policies, including lower taxation, trade protectionism and reduced commitment to net zero. That would have implications for investment, especially in sectors aligned with green growth, ESG goals or EU-facing trade. Nigel Farage remains a polarising figure internationally. For some investors, a stronger Reform presence might trigger caution, delaying decisions until there's clarity around policy direction on regulation, trade and climate commitments. Then there's the broader political impact: if the main parties feel pressure from Reform, they may shy away from bold economic reforms, particularly those involving tax, green investment, or public service restructuring, for fear of alienating voters. Reform's breakthrough in Runcorn and Helsby may also trigger internal unease within Labour ranks, particularly as it follows a broader pattern of frustration among voters in traditionally safe seats. While one result doesn't undo Labour's national lead, it could prompt questions about Sir Keir Starmer's ability to connect with working-class and disaffected voters - the very groups Reform is targeting. If leadership doubts begin to simmer, Labour risks losing focus on its policy agenda, including key proposals affecting business confidence, investment and economic reform. Of course, local and by-election results often serve as protest votes. But if Reform continues to gain ground, its worldview could begin to reshape, or even unravel, decades of relative economic consensus.
