04/16/2021
“As the world experienced unprecedented fluctuations in their business, I am proud to report that GrowLife was able to cut costs, while continuing to generate substantial revenues of over $7 million,” said GrowLife CEO Marco Hegyi. “We took a hard look at expenses in 2020 and were able to reduce our expenditures by over 30%. We are focused on building a profitable organization wherever possible. Our cash position is eight-fold what is was in the prior year and we have implemented a strategic plan that I believe will position GrowLife for the best future, looking past 2021 and beyond.”
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Company Files Annual Report on Financial and Operations Results from the Year Ending December 31, 2020...