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 Surges 5.9% Despite Challenging Market Conditions
HYFM stock jumped to $1.07 on moderate volume as the cannabis equipment supplier shows signs of stabilization amid ongoing sector headwinds.
Hydrofarm Holdings Faces Headwinds in Struggling Hydroponics Market
HYFM trades near lows as vertical farming sector confronts profitability challenges and reduced capital investment flows.
Hydrofarm Holdings Tumbles 7.7% as Stock Nears 52-Week Low
HYFM shares fell to $1.08 amid thin trading volume, with the hydroponic equipment supplier trading dangerously close to its annual floor.
Hydrofarm Holdings Plunges 7.8% as Debt Concerns Mount
HYFM stock drops to $1.18 amid ongoing financial struggles, with $111.9M debt load weighing on the $5.5M market cap company.
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