hydrobuilder holdings
Net loss in the third quarter of 2022 was $1.0 million or $(0.13) per share, compared to a net loss of $0.4 million or $(1.69) per share for the same period in 2021. Founded in 1999, GreenCoast is a Southern California-based specialty agriculture / hydroponics products retailer and the largest independent retailer of its kind in the United States. BCI (and/or its affiliates) was the founding investor in Vroom.com (Nasdaq: VRM), a leading used car e-commerce company, co-led the management buyout of Hydrofarm Holdings (Nasdaq: HYFM), a leading hydroponics manufacturer and distributor, prior to its initial public offering, and invested in Montrose Environmental (NYSE: MEG), an environmental services provider offering measurement & analytical services as well as environmental resiliency & sustainability solutions. Cory Ziskind 86% of retail CFD accounts lose money, CEA Industries announces operating cost cuts, layoffs amid macro woes, CEA Industries Inc. Reports Third Quarter 2022 Results, CEA Industries GAAP EPS of -$0.13, revenue of $5.06M, Surna Cultivation Technologies and Hydrobuilder Holdings Announce Strategic Alliance, CEA Industries Inc. to Hold Third Quarter 2022 Conference Call on November 14 at 4:15 p.m. Through future partnerships and mergers and acquisitions, both financial and strategic, CEA Industries will continue its pursuit of companies that bring accretive value to its customers and investors. Hydrobuilder Holdings was initially formed through the acquisitions of Hydrobuilder.com, a leading online retailer of hydroponics and horticultural supplies, GreenCoast Hydroponics, the second-largest hydroponics retailer in the United States, and Los Angeles, California-based Elevated Equipment Supply, full-service equipment and supplies provider for the commercial cultivation and . Hydrobuilder.com and GreenCoast will continue to be operated by their existing management teams under the newly-formed Hydrobuilder Holdings platform and substantially all team members from Hydrobuilder.com and GreenCoast will remain with Hydrobuilder Holdings. More recently, we have acquired Way to Grow, Home Grown Ventures (HGV) Nutrients, and New England Hydroponics. Hydrobuilder Holdings is a leading omnichannel platform with 22 retail locations and 9 warehouses serving the $12.5 billion indoor and outdoor CEA industry, including hydroponics, currently . Working with OpenMage PHP framework maintaining a complex e-commerce solution with nearly 30,000 products in the hydroponics industry. Conference Call Mr. Hockenson previously served as President and Chief Executive Officer of International Car Wash Group and Vision Group Holdings, and has served in leadership positions at Enterprise Rent-a-Car, Starbucks, Advance Auto Parts, and TBC Corporation (Tire Kingdom). As part of the transaction, the sellers of both Hydrobuilder.com and GreenCoast Hydroponics retained a meaningful equity stake in Hydrobuilder Holdings. CEA Industries Inc. About Hydrobuilder Holdings Hydrobuilder Holdings (HBH) was initially formed through the acquisitions of Hydrobuilder.com, a leading online retailer of hydroponics and horticultural supplies, GreenCoast Hydroponics, the second-largest hydroponics retailer in the United States, and Los Angeles, Calif.-based Elevated Equipment Supply, full-service equipment and supplies provider for the . About Hydrobuilder Holdings LLCHydrobuilder Holdings is a leading omnichannel platform with 22 retail locations and 10 warehouses serving the $12.5 billion indoor and outdoor CEA and hydroponics industry, currently focusing on the $3.0 billion North American CEA market, and serving the entire spectrum of customers from hobbyists to the largest commercial growers through its online, retail and warehouse direct channels. The reference to CEAs website has been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release. 646-277-1232 dividendos, dados financeiros, preo da ao e avaliao da empresa num formato visual By continuing to use this site you are consenting to these choices. The increase was primarily driven by higher selling, general and administrative expenses in support of organic and inorganic growth initiatives, and an increase in advertising and marketing expenses. Revenue in the third quarter of 2022 increased 37% to $5.1 million compared to $3.7 million for the same period in 2021. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Analyst Briefing Submitters are 7x more likely to receive a qualified connection. CEA Industries Inc. Way to Grow has five retail locations and three warehouses in the strategically important Colorado market. We are very excited to announce our expansion into two additional states, with new location openings in Michigan and Oklahoma. Becoming a part of this rapidly-expanding portfolio of assets will strengthen NE Hydro through strategic and financial resources that can support our combined large and diverse customer base. Their experts work with growers of all sizes to help their gardens thrive. Louisville, Colorado, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Surna Cultivation Technologies LLC, a subsidiary of CEA Industries Inc. (NASDAQ: CEAD), has entered into a non-equity strategic alliance, combining its industry leading controlled environment agriculture (CEA) systems engineering and technologies with Hydrobuilder Holdings expansive commercial-first omnichannel platform. The best cannabis industry news sent to your inbox every Sunday. Headquartered in Louisville, Colorado, we leverage our experience in the industry to bring value-added solutions to our customers that help improve their overall crop quality and yield, optimize energy and water efficiency, and satisfy evolving state and local codes, permitting and regulatory requirements. Hydrobuilder Holdings is uniquely positioned to provide commercial growers and home gardeners with the highest level of service, product selection, education and value. Hydrobuilder Holdings will be led by Markus Hockenson, Chief Executive Officer, and Avi Levine, Chief Financial Officer, both of whom bring extensive digital and retail experience, and a proven . After surging to end the year, Illinois adult-use cannabis MariMed Reports Fourth Quarter and Full Year 2022 Financial Download the free New Cannabis Ventures app on the iOSApp Store or Google Play and get real-time push notifications straight to your phone on the latest breaking news and exclusives published. Louisville, Colorado, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Surna Cultivation Technologies LLC, a subsidiary of CEA Industries Inc. (NASDAQ: CEAD), has entered into a non-equity strategic alliance, combining its industry leading controlled environment agriculture (CEA) systems engineering and technologies with Hydrobuilder Holdings expansive commercial-first omnichannel platform. The strength of our brands, combined with our technical expertise, industry knowledge and channel coverage will be a . As part of the transaction, the sellers of both Hydrobuilder.com and GreenCoast Hydroponics retained a meaningful equity stake in Hydrobuilder Holdings. The strength of our brands, combined with our technical expertise, industry knowledge and channel coverage will be a huge benefit for our customers.. The Company was formed in October 2020 and has since acquired six companies that are each market leaders across different sales channels and geographies: GreenCoast, a leading California hydroponics retailer; Hydrobuilder.com, a leading online retailer of hydroponics and horticultural supplies; Elevated Equipment Supply, a full-service equipment and supplies provider; Way to Grow, a Colorado-based retailer of aeroponic, hydroponic and greenhouse products; Home Grown Ventures, a manufacturer and distributor of a proprietary blend of water-soluble nutrients used for commercial agriculture; and New England Hydroponics, a Northeast-based retailer of lighting, climate control, tools, supplies, nutrients, and growing mediums. We are excited to bring together two proven leaders in hydroponics e-commerce and brick-and-mortar retail as the initial partnerships within Hydrobuilder Holdings, which we believe is poised to be a leading omni-channel seller of specialty agriculture and hydroponics equipment and supplies, said Hockenson. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Hydrobuilder Holdings recently partnered with Surna on November 11, 2022. Learn more. "Hydrobuilder Holdings brings decades of experience and a broad and deep catalogue of leading cultivation products, and we're excited to expand our offerings to include Surna's leading design services and HVACD products. With strong investor support and significant follow-on interest from our investors, we have substantial growth capital to execute our organic and M&A growth strategies, and see significant opportunities to expand these businesses in the rapidly growing hydroponics, specialty gardening and controlled environment agriculture (CEA) markets. This alliance will combine our industry-leading CEA systems engineering and technologies with Hydrobuilder Holdings expansive commercial-first omnichannel platform, creating a one-stop-shop solution for cultivation companies across North America. Home Grown Ventures (HGV) is a Washington state-based manufacturer and distributor of a proprietary blend of water-soluble nutrients used for commercial agriculture. The strength of our brands, combined with our technical expertise, industry knowledge, and channel coverage will be a . Mar 2022 - Present1 year 1 month. 203-682-8253 Third Quarter 2022 Financial Results In addition to the acquisition of New England Hydroponics, the Company recently completed its relocation of Elevated Equipment Supplys flagship Los Angeles location to its new purpose-built and state of the art warehouse in Los Angeles spanning 85,000 square feet of high pile storage, an increase of 25,000 square feet from its legacy 60,000 square foot facility. Under our ownership, we intend to uphold and build on that reputation as we bring to bear our advantages as a scale omnichannel platform to expand the Commercial division and execute our strategy of rapid growth in a dynamic and evolving industry, said Markus Hockenson, CEO of Hydrobuilder Holdings. Have a confidential news tip? Hydrobuilder Holdings will be led by Markus Hockenson, Chief Executive Officer, and Avi Levine, Chief Financial Officer, both of whom bring extensive digital and retail experience, and a proven . Surna Cultivation Technologies Contact: Hydrobuilder's headquarters is located at 312 Otterson Dr, Chico. Claim your profile to get in front of buyers, investors, and analysts. On January 15th, 2021, Hydrobuilder was acquired by Hydrobuilder Holdings. Illinois Adult-Use Cannabis Sales Slow to Begin 2023. The alliance combines the strong architectural expertise, MEP design services, and curated line of HVACD products from Surna with Hydrobuilder Holdings facility programming (layouts) and deep catalogue of related consumables and equipment. Osingot, taloustiedot, osakekurssi ja yrityksen arvo visuaalisessa muodossa Founded in 2011, Hydrobuilder.com is based in Northern California and has rapidly grown to become a leading online retailer of hydroponics and horticultural supplies. Hydrobuilder Holdings is a leading omnichannel platform with 22 retail locations and 9 warehouses serving the $12.5 billion indoor and outdoor CEA industry, including hydroponics, currently . New England Hydroponics specializes in both indoor and organic gardening. Dont let your products get skipped. The amount of industry and historical knowledge will allow us to further position ourselves as a leading online retailer of hydroponics equipment and supplies., Jordan Weiss, Chief Executive Officer of GreenCoast Hydroponics, said, We couldnt be more excited to see our business develop and grow into an omni-channel national model. Our team of project managers, licensed professional architects and engineers, technology and horticulture specialists, and systems integrations experts help our customers by precisely designing for their unique applications. We are serving a nascent but fast growing end market and our customers are in need of a local supply chain partner who can offer a suite of products and services to solve problems and add value. About Hydrobuilder Holdings LLC Find out more about how we use your personal data in our privacy policy and cookie policy. Warrant (ticker: CEADW) pgina de aes. Hydrobuilder Holdings (HBH) was initially formed through the acquisitions of Hydrobuilder.com, a leading online retailer of hydroponics and horticultural supplies, GreenCoast Hydroponics, the second-largest hydroponics retailer in the United States, and Los Angeles, Calif.-based Elevated Equipment Supply, full-service equipment and supplies provider for the . I am looking forward to continuing on with the Company and could not be more excited about what this partnership means for our team going forward, said Ethan Holmes, Founder of New England Hydroponics. Raphael.Gross@icrinc.com, Internet Explorer presents a security risk. Elevated became one of the industrys first all-in-one cultivation and extraction service providers built around a consultative approach focused on not only selling equipment, but also solutions. Raphael Gross Solidifying this relationship with Hydrobuilder Holdings is a breakthrough achievement for Surna, stated Tony McDonald, Chairman and CEO of CEA Industries Inc.Our combined offering can fully serve our customers with every conceivable service and product they would need to build out or refurbish an indoor cultivation facility. Louisville, Colorado, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Surna Cultivation Technologies LLC, a subsidiary of CEA Industries Inc. (NASDAQ: CEAD), has entered into a non-equity strategic alliance, combining its industry leading controlled environment agriculture (CEA) systems engineering and technologies with Hydrobuilder Holdings expansive commercial-first omnichannel platform. We provide full-service licensed architectural and mechanical, electrical, and plumbing (MEP) engineering services, carefully curated HVACD equipment, proprietary controls systems, air sanitization, lighting, and benching and racking products. Hydrobuilder Holdings brings decades of experience and a broad and deep catalogue of leading cultivation products, and were excited to expand our offerings to include Surnas leading design services and HVACD products. Together, the six businesses create a leading omnichannel retailer of specialty agriculture and hydroponics equipment and supplies. We are excited to bring together two proven leaders in hydroponics e-commerce and brick-and-mortar retail as the initial partnerships within Hydrobuilder Holdings, which we believe is poised to be a leading omni-channel seller of specialty agriculture and hydroponics equipment and supplies, said Hockenson. About Hydrobuilder Holdings<br><br>Hydrobuilder Holdings (HBH) was initially formed through the acquisitions of , a leading online retailer of hydroponics and horticultural supplies, Green Coast Hydroponics, the second-largest hydroponics retailer in the United States, and Los Angeles, Calif.<br><br>-based Elevated Equipment Supply, full-service equipment and supplies provider for the . Promote your product offering to tech buyers. Along with better serving our customers, we feel great about how this partnership will support our employees and the culture that we have worked 20+ years to build., Michael Rapp, Managing Partner of Broadband Capital Investments, added, We are excited to be investing in the formation of Hydrobuilder Holdings. Relocating Elevated Equipment Supply to a new, larger, purpose-built and state of the art warehouse in Los Angeles spanning 85,000 square feet. Founded in 1999, GreenCoast is a Southern California-based specialty agriculture / hydroponics products retailer and the largest independent retailer of its kind in the United States. Hydrobuilder Holdings was initially formed through the acquisitions of Hydrobuilder.com, GreenCoast Hydroponics, and Elevated Equipment Supply. Together, the six businesses create a leading omnichannel retailer of specialty agriculture . Charlotte Metro . AD Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Some additional pics from the last nights photo shoot. For more information, please visit https://hbhold.com/. Headquartered in Louisville, Colorado, CEA Industries knows that growth is a team sport. We are delighted to be joining the Hydrobuilder Holdings platform. The strength of our brands, combined with our technical expertise, industry knowledge and channel coverage will be a huge benefit for our customers.. I am confident this will not only be of great value to our customers but will be a great source of growth for both our companies. ET Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Consume less // Produce more Here are some before and after shots of the #greenhouse I've been developing! Our team of project managers, licensed professional architects and engineers, technology and horticulture specialists, and systems integrations experts help our customers by precisely designing for their unique applications. Contact us. We will continue to exercise diligence in identifying targets that will be accretive to our business and accelerate growth and profitability for the future. Cory.Ziskind@icrinc.com, Investors Interested parties may submit questions to the Company prior to the call by emailing info@ceaindustries.com . ICR Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces. This will better integrate and support our customers needs across all of our three pillars: e-commerce, retail and commercial. Specializing in both indoor and organic gardening, the experts at NE Hydro work with growers of all sizes to help their gardens thrive. You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. This quarter-end backlog is expected to generate revenue over the next 18 months. "Strive for the unattainable"<br><br>Achievement driven, adaptable, and innovative person who enjoys working on new method in doing everyday things with minimum restrictions. Also . Except as required by the federal securities laws, we undertake no obligation to revise or update any forward-looking statements, whether as a result of new information, future events or otherwise. You can read more about your cookie choices at our privacy policyhere. The Company was formed in October 2020 and has since acquired six companies that are each market leaders across different sales channels and geographies: GreenCoast, a leading California hydroponics retailer; Hydrobuilder.com, a leading online retailer of hydroponics and horticultural supplies; Elevated Equipment Supply, a full-service equipment and supplies provider; Way to Grow, a Colorado-based retailer of aeroponic, hydroponic and greenhouse products; Home Grown Ventures, a manufacturer and distributor of a proprietary blend of water-soluble nutrients used for commercial agriculture; and New England Hydroponics, a Northeast-based retailer of lighting, climate control, tools, supplies, nutrients, and growing mediums. Copyright 2023 CB Information Services, Inc. All rights reserved. dividendos, dados financeiros, preo da ao e avaliao da empresa num formato visual Surna Cultivation Technologies Contact: Jamie EnglishVice President, Marketing Communicationsjamie.english@surna.com303.993.5271, Hydrobuilder Contact: Cory ZiskindICRCory.Ziskind@icrinc.com646-277-1232. Who we are: Hydrobuilder Holdings (HBH) was initially formed through the acquisitions of Hydrobuilder.com, a leading online retailer of hydroponics and horticultural supplies, GreenCoast Hydroponics, the second-largest hydroponics retailer in the United States, and Los Angeles, Calif.-based Elevated Equipment Supply, full-service equipment and supplies provider for the commercial cultivation . ucsd public relations, ammonium sulfide reacts with hydrochloric acid, celtic park view from my seat,
Saul And Camilla Consuelos,
Kilgroe Funeral Home Pell City,
Colin Nathaniel Scott Obituary,
Bluejack National Initiation Fee,
Hepworth Farms Net Worth,
Articles H