5 Cheap Pot Stocks to Buy

4. GrowGeneration Corp. (NASDAQ:GRWG)

Number of Hedge Fund Holders: 7  

Real Time Share Price as of December 26: $2.46  

GrowGeneration Corp. (NASDAQ:GRWG) owns and runs retail hydroponic and organic gardening stores. On November 9, investment advisory Stifel maintained a Hold rating on GrowGeneration Corp. (NASDAQ:GRWG) stock and lowered the price target to $2.85 from $3.50. 

At the end of the third quarter of 2023, 7 hedge funds in the database of Insider Monkey held stakes worth $3.2 million in GrowGeneration Corp. (NASDAQ:GRWG), the same as in the previous quarter worth $7.8 million.

Among the hedge funds being tracked by Insider Monkey, New York-based investment firm DE Shaw is a leading shareholder in GrowGeneration Corp. (NASDAQ:GRWG) with 619,847 shares worth more than $1.8 million.