Is GrowGeneration Corp. (GRWG) Among the Best Hemp Stocks To Buy?

GrowGeneration Corp. (NASDAQ:GRWG) is one of the 7 Best Hemp Stocks To Buy Now.

On March 24, 2026, GrowGeneration Corp. (NASDAQ:GRWG)  reported that its Char Coir brand will release a next-generation propagation method, the Coco Coin Tray and Insert Tray. This will promote initial-stage plant development and cultivation performance. The firm marketed the technique as a “modern, mess-free” alternative to traditional soil or peat-based methods, targeted at both home gardeners and professional farmers, while developing proprietary services.

Founder Michael Leone said that the products provide “better starts, less transplant shock, and healthier plants,” resulting in an “ideal environment for early root development.” Darren Lampert, Chief Executive Officer, said that the launch is part of a plan to produce innovative products that improve grower outcomes while supporting profit expansion.

Is GrowGeneration Corp. (GRWG) Among the Best Hemp Stocks To Buy?

Separately, GrowGeneration Corp. (NASDAQ:GRWG)  said in its 2026 outlook that it expects net revenue of $162 million to $168 million. Its proprietary brands are expected to take up about 40% of Cultivation & Gardening sales, gross margins of 27% to 29%, and breakeven adjusted EBITDA.

GrowGeneration Corp. (NASDAQ:GRWG) 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.

While we acknowledge the risk and potential of GRWG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GRWG and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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