Kirkland, United States
GrowLife, Inc., trading as OTCC:PHOT, is strategically positioning itself in the flourishing health & wellness sector, particularly within the niche market of gourmet and functional mushrooms. The company's recent acquisition of Bridgetown Mushrooms, a Portland, Oregon-based operation established in 2018, marks a significant expansion of GrowLife's capabilities.
Post-acquisition, GrowLife successfully increased Bridgetown's cultivation capacity by 133%, expanded into new product lines, and inaugurated a dedicated Mycology division. These enhancements position GrowLife to capitalize on consumer trends favoring functional and medicinal mushroom products. Operating across four distribution channels—retail, e-commerce, direct sales, and distribution—GrowLife is effectively diversifying its market reach.
Founded in 2014 and headquartered in the United States, GrowLife's last known investment, a $1.21M Post-IPO Debt round on July 17, 2020, underscores its ongoing commitment to growth and innovation within its industry sectors, including Agriculture, Logistics, and Supply Chain.
