Alliance Global Keeps a Neutral Rating on GrowGeneration Corp. (GRWG)

GrowGeneration Corp. (NASDAQ:GRWG) is one of the 11 Best Marijuana Stocks to Buy Right Now.

On March 20, 2026, Alliance Global reduced its price objective for GrowGeneration Corp. from $1.50 to $1.25 while keeping a Neutral rating, citing fourth-quarter revenue and EBITDA misses during a seasonally sluggish period. The analyst observed that proprietary brands accounted for 36% of Cultivation and Gardening sales. The analyst also said that the management anticipates profitability to improve through higher-margin owned brands and store consolidation, with a break-even EBITDA target in 2026 and a $10 million share repurchase program.

On March 19, 2026, GrowGeneration Corp. announced fourth-quarter net sales of $37.8 million, up 1.0%, while expanding gross margin to 24.1% and lowering operating expenses by 44.4%, resulting in a net loss of $7.4 million and an adjusted EBITDA loss of $2.0 million. The corporation reported full-year net sales of $161.7 million, a net loss of $24.0 million, and an improved adjusted EBITDA loss of $6.0 million, while ending with $46.1 million in cash and no debt.

Alliance Global Keeps a Neutral Rating on GrowGeneration Corp. (GRWG)

GrowGeneration Corp. is involved in the development, marketing, retail, and distribution of hydroponic products and services. It operates in three segments: Cultivating and gardening, storage solutions, and corporate.

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