Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) Q3 2023 Earnings Call Transcript

We also offer a range of products both in our proprietary line and in our distributed line, whether it’s the Guy Green products, whether it’s the Moab, the mother of all Bloom products, all those that really are part of our portfolio that enable us to give people value, enable us to give people quality and it does allow for the folks to get that wide range of the things you outline which is some multimax terpenes, some multimax THC, some just want a consistent product of what they’ve had before and others play in that price market as well. We begin doing some work on sourcing kind of all the way back to the core raw materials to work with our growers on so that we’re able to work with them and it gives them the access to the product that they perhaps even want to mix their own.

So we’re really adjusting our approach to the market to reflect what each of our growers need and there’s a wide range of them out there as you suggested Jesse.

Jesse Redmond: Great. Thank you guys. That’s really helpful.

Bill Toler: Appreciate it. Appreciate the question.

Operator: There are no further questions at this time. I would now like to turn the floor back over to Bill Toler for closing comments.

Bill Toler: Great. Thank you all for your interest in Hydrofarm. We appreciate you being on the call. We look forward to updating you soon on other activity in the business. Thank you.

Operator: This concludes today’s teleconference. You may disconnect your lines at this time. Thank you for your participation.