Hydrofarm
About Hydrofarm
Hydrofarm is one of the largest distributors and manufacturers of hydroponics equipment in North America, supplying grow lights, nutrients, growing media, and controlled-environment systems.
Key Facts
- 1Publicly traded on NASDAQ under ticker HYFM, making it one of the few listed hydroponics equipment companies
- 2Distributes products from over 40 brands to thousands of retail locations across North America
Latest News
Hydrofarm Holdings Plunges 6% as Cannabis Ancillary Faces Headwinds
HYFM dropped to $0.69 amid ongoing financial pressures, trading near 52-week lows with challenging debt-to-cash ratio.
Ancillary Cannabis Stocks Rebound as Equipment Demand Stabilizes
GrowGeneration, Hydrofarm, and Scotts Miracle-Gro show recovery signs as cultivation equipment demand finds footing after sector downturn.
Hydrofarm Holdings Tumbles 5.2% as Ancillary Struggles Continue
HYFM shares fell to $0.73 amid ongoing financial pressures, trading near 52-week lows with concerning debt levels.
Hydrofarm Holdings Plunges 10% as Cannabis Equipment Stock Nears Lows
HYFM dropped to $0.83 amid continued pressure on the cannabis cultivation equipment sector, trading near its 52-week low of $0.86.
Hydrofarm Holdings Nears 52-Week Low Amid Sector Challenges
HYFM trades at $0.85, just 1% above its 52-week low, as the hydroponic equipment supplier faces mounting pressure from industry headwinds.
Frequently Asked Questions
Is Hydrofarm a manufacturer or distributor?
Both—Hydrofarm manufactures its own proprietary brands like Phantom and Active Aqua while also distributing third-party products from dozens of other companies.
How has Hydrofarm's stock performed?
HYFM went public in 2020 during the cannabis boom; like many in the sector, it experienced significant volatility tied to cannabis industry growth cycles.
More Cannabis Companies in Shoemakersville
Products
- Phantom commercial LED fixtures
- Active Aqua hydroponic systems
- Hydrofarm grow tents
Specialties
Company Details
- Location
- Shoemakersville, United States
- Founded
- 1977
- Publicly Traded
- Yes
- Ticker
- NASDAQ:HYFM