The best cannabis industry news sent to your inbox every Sunday. 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., We have worked closely with Tony and the Surna team over the past few months to establish this value-added alliance that brings quality, convenience and simplicity to our customers, said Dustin Bertram, Hydrobuilder Holdings Chief Commercial Officer. site you are consenting to these choices. When expanded it provides a list of search options that will switch the search inputs to match the current selection. 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. Raphael.Gross@icrinc.com, Internet Explorer presents a security risk. 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. Warehouse Associate Job Denver Colorado USA,Warehouse 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. margin items): This is Hydrobuilder Holdings' 4th transaction in the United States. Operating expenses in the third quarter of 2022 were $1.7 million compared to $1.2 million for the same period in 2021. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Buy Local & Grow Local With The Hydrobuilder Holdings Family. At September 30, 2022, the company remained debt free. If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. The strength of our brands, combined with our technical expertise, industry knowledge and channel coverage will be a . Hydrobuilder.com is an online retailer of hydroponics and horticultural supplies. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs). In addition to new greenfield locations, the Company is moving forward with relocation plans that will be operational in Q1 2022: Our continuing mission is to be the leading omnichannel provider of equipment and supplies to the indoor and outdoor CEA industry, including hydroponics. Time: 4:15 p.m. Our relocation to a new state of the art warehouse will enable us to efficiently and effectively service our growing commercial customer segment, while relieving capacity constraints we experienced at our legacy location. 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 . By continuing to use this site you are consenting to these choices. Hydrobuilder Holdings Appoints Walter Gaines as VP Supply Chain and We will continue to exercise diligence in identifying targets that will be accretive to our business and accelerate growth and profitability for the future. The strength of our brands, combined with our technical expertise, industry knowledge and channel coverage will be a huge benefit for our customers. Submitters are 7x more likely to receive a qualified connection. 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. Relocating Home Grown Ventures from its current facility in Washington State to a new, larger facility in Los Angeles spanning 30,000 square feet, which will allow the Company to meaningfully expand HGVs production capacity. You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. Secures over $70 million in financing from broad base of investors. We and our partners store and/or access information on a device, such as cookies and process personal data, such as unique identifiers and standard information sent by a device for personalised ads and content, ad and content measurement, and audience insights, as well as to develop and improve products. CEA Industries Inc (ticker: CEAD) Osakesivu. Hydrobuilder Holdings Acquires Hydrobuilder.com and GreenCoast To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Find out more about how we use your personal data in our privacy policy and cookie policy. Cory Ziskind The management team previously helped Build.com grow to over $1 billion in sales, and has built Hydrobuilder.com into a complete online hydroponic gardening center that is known for having the top product lines, a fast, user-friendly website and knowledgeable employees. authenticate users, apply security measures, and prevent spam and abuse, and, display personalised ads and content based on interest profiles, measure the effectiveness of personalised ads and content, and, develop and improve our products and services. Through our partnership with a certified service contractor network, we provide installation and maintenance services to assist in a smooth build-out and optimal facility performance. You can read more about your cookie choices at our privacy policyhere. Hydrobuilder Holdings secured over $70 million in financing from a broad group of investors, led by Broadband Capital Investments. Net bookings in the third quarter of 2022 were $2.2 million compared to $5.6 million in the year-ago period. Hydrobuilder 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 . Hydrobuilder 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. HydroBuilder Holdings Hydroponic Sales Support Representative. Colorado Hydrobuilder Holdings Appoints Walter Gaines as VP Supply - Yahoo! Dont let your products get skipped. Every failure, brings us a step closer to another failure, each failure, is a milestone that should teach us . Q3 Revenue up 68% QoQ and 37% YoY to $5.1 Million Osingot, taloustiedot, osakekurssi ja yrityksen arvo visuaalisessa muodossa Senior management is known throughout the industry as experts in design of large-scale industrial growing facilities. Contributing original content and curating quality news on only the most promising cannabis companies and the most influential investors. CEA Industries Inc pgina da ao - preo, fundamentais, dividendos CEA Industries Inc. Warrantpagina de stoc - pret, fundamente, dividende 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 . Mar 2022 - Present1 year 1 month. Promote your product offering to tech buyers. our sites and services. Hydrobuilder Holdings Acquires Home Grown Ventures - Mergr We are excited by this opportunity and we look forward to building a leading company in this space.. Shop with our knowledgeable grower support team to find the perfect indoor grow room kit or hydroponics package at the best price online! Learn more. Surna Cultivation Technologies and Hydrobuilder Holdings Announce Surna and Hydrobuilder Create a One Stop Shop for Cultivators Cory.Ziskind@icrinc.com, Investors 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. Hydrobuilder Holdings was initially formed through the acquisitions of Hydrobuilder.com, GreenCoast Hydroponics, and Elevated Equipment Supply. New England Hydroponics specializes in both indoor and organic gardening. 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., We have worked closely with Tony and the Surna team over the past few months to establish this value-added alliance that brings quality, convenience and simplicity to our customers, said Dustin Bertram, Hydrobuilder Holdings Chief Commercial Officer. Hydrobuilder Holdings has 1 strategic partners and customers. We have worked closely with Tony and the Surna team over the past few months to establish this value-added alliance that brings quality, convenience and simplicity to our customers, said Dustin Bertram, Hydrobuilder Holdings Chief Commercial Officer. Mr. Levine previously served as Chief Financial Officer of International Car Wash Group, and has additional experience at Deloitte Consulting, Versa Capital Management, Flashpoint College and Driven Brands. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Justin, Jordan and their respective teams have built best-in-class companies and have deep domain knowledge. We have been providing solutions to indoor growers for over 16 years and have served over 800 cultivators with over 200 of them being large, commercial projects. Have questions about your grow? ICR 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 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. 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. 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 . Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. 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 . ICR Facilities Support Manager Job in Long Beach, CA at HS BLOCKERCORP, Inc You can read more about your. 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. 500 Orient Street Suite 150. 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. The strength of our brands, combined with our technical expertise, industry knowledge and channel coverage will be a huge benefit for our customers.. The Trees Remember Scam - Mar 2023 Gross margin was 11.8% compared to 20.2% in the year ago period. November 14, 2022 16:10 ET Through our partnership with a certified service contractor network, we provide installation and maintenance services to assist in a smooth build-out and optimal facility performance. | Source: These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Markus and Avi are world class executives who understand how to drive efficiencies and scale enterprises, both organically and through acquisitions. We are pleased to have identified such a complementary acquisition in New England Hydroponics and to be expanding our footprint to the Northeast as we enter this fast-growing market. Cory Ziskind Hydrobuilder Holdings was formed on the basis of a three-pillar omnichannel strategy in the specialty agriculture and hydroponics equipment and supply industry. Hydrobuilder is included in 1 Expert Collection, including E-Commerce. On July 20, 2021, Hydrobuilder Holdings acquired distribution company Home Grown Ventures. Interested parties may submit questions to the Company prior to the call by emailing info@ceaindustries.com . Hydrobuilder Holdings & Surna Cultivation Technologies Sign a Strategic CEA Industries Inc osakesivu - hinta, perustekijt, osingot - iO Charts The new greenfield locations will extend the Companys physical footprint into its 5th and 6th states, while continuing to serve all 50 states through its eCommerce channel, and will enable the Company to further capture share in the large and rapidly growing $12.5 billion indoor and outdoor CEA industry, including hydroponics, with a current focus on the $3.0 billion North American CEA market. Who we are. Hydroponics Store | Indoor Grow Supplies & Equipment - Hydrobuilder.com 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 . Together, the six businesses create a leading omnichannel retailer of specialty agriculture . Net loss per share for the third quarter of 2022 was lower than the net loss per share in the year-ago quarter due to higher issued and outstanding shares as of the third quarter of 2022. About Surna Cultivation Technologies Chico, CA 95928. CBI websites generally use certain cookies to enable better interactions with. 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. Hydrobuilder Holdings Portfolio Investments, Hydrobuilder Holdings 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 . We believe these non-GAAP measures are helpful in understanding our past performance and are intended to aid in evaluating our potential future results. Date: Monday, November 14, 2022 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 . The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. 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. More recently, we have acquired Way to Grow, Home Grown Ventures (HGV) Nutrients, and New England Hydroponics. Way to Grow has five retail locations and three warehouses in the strategically important Colorado market. Learn more. The Companys quarter-end backlog was $6.8 million compared to $9.9 million for the same period in 2021. 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. You can read more about your cookie choices at our privacy policyhere. 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. Strategic Expansion to the Northeast Adds Five Locations and Expands Physical Footprint into Seventh and Eighth States. Chief Information Officer - National DCP, LLC - LinkedIn dividendos, dados financeiros, preo da ao e avaliao da empresa num formato visual The strategic alliance is a non-equity partnership that combines its industry-leading controlled environment agriculture (CEA) systems engineering and technologies with Hydrobuilder Holdings . 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. 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. 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). Although we are proud of our sales growth, we acknowledge that the macro environment continues to present challenges as we work through a prolonged inflationary environment and certain residual supply chain headwinds. We have been providing solutions to indoor growers for over 16 years and have served over 800 cultivators with over 200 of them being large, commercial projects. 646-277-1232 ET. With this combination we'll be able to scale and automate at a far greater speed than what was possible on our own. Media Contact: Hydrobuilder Holdings acquired 5 companies. AD 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. For more information, please visit https://hbhold.com/, New England Hydroponics was founded in 2002 by Ethan Holmes and now operates five retail locations and one warehouse location in Massachusetts and Maine. The increase was primarily attributed to some recovery in the supply chain that enabled delivery of products with fewer delays. Hydrobuilder Holdings LLC, a recently formed omnichannel seller of hydroponic agricultural products, has acquired Way to Grow, a Fort Collins-headquartered chain of hydroponic and organic gardening AD Hydrobuilder Holdings is uniquely positioned to provide commercial growers and home gardeners with the highest level of service, product selection, education and value. CBI websites generally use certain cookies to enable better interactions with our sites and services. When expanded it provides a list of search options that will switch the search inputs to match the current selection. 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. Cory Ziskind 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).
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