27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
GrowGeneration Corp (OTC:GRWG), a chain of specialty retail hydroponic and organic stores, said it has acquired GreenLife Garden Supply, allowing the company to expand its number of locations.
The terms of the deal were not disclosed.
Through the acquisition, GrowGeneration added two locations in Maine and one location in New Hampshire. The company now has five retail and warehouse locations in the New England market, according to Tuesday's press release.
Overall, GrowGeneration said it has 21 locations serving commercial and household customers across the U.S.
The acquisition of GreenLife Garden Supply represents GrowGeneration's fifth M&A deal so far this year. The company said the addition adds $7 million to its top line.
Back in February, the company announced the acquisition of certain assets of BWGS, LLC.
Grow Generation OTC shares were up 1.3 percent at $3.11 at the time of publication Tuesday.
Related Links:
CannTrust Reports 200% Year-Over-Year Growth In Dried Cannabis Sales
Natura Life + Science Finances $91M To Build California Cannabis Campus
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!