INC(AERO AEROGROW ) INTL
Although we are favorable on Aerogrow's leverage to the cannabis industry, the company faces stiff competition as new competitors continue to enter the market. The company is very much dependent on its partnership with Scotts Miracle Grow and we would be cautious if its partnership agreement was terminated. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it other than from Seeking Alpha.
I have no business relationship with any company whose stock is mentioned in this article. This article covers one or more microcap stocks. Please be aware of the risks associated with these stocks. Scotts Miracle-Grow has been acquired businesses levered to the cannabis industry. AeroGardens are complete indoor gardening systems with built-in, full spectrum grow lights, custom time-release nutrients, auto-feed, water and lighting systems, and "smart garden" consumer alerts for guaranteed success.
Since launching our first product in March we have sold almost 1 million AeroGardens and have expanded our product line to include multiple gardens with different form factors, price points, and consumer benefits.
AeroGrow also develops, manufactures and markets a variety of consumable products for use in its gardens. These seed kits, lights, nutrients and accessory products provide ongoing, repeat sales to the Company and generate continued engagement and interest from our user base. AeroGrow was founded in July and became a publicly-traded company on February 24, AeroGrow is headquartered in Boulder, Colorado and employs approximately 45 people. Wolfe oversaw the launch, development and operation of seven independent catalogs along with associated e-commerce sites including the highly successful Colorful Images, Snoopy, Etc.
The company's major catalog assets were later sold to the Taylor Corporation. Prior to this, Mr. Wiland was sold and became a division of EDS in He has also served as a consultant and as a Board member both to corporations as well as non-profit organizations. MacGregor Greg Clarke is a high-performance, hands-on business leader with an exceptional record of achievement, impact, and success in senior executive roles at large multinational and middle market companies.
Clarke brings to AeroGrow an extensive background in finance, operations, and strategy, as well as consumer product experience, having served as President, CEO and CFO at a number of high-growth companies during his career. Clarke worked at Ankmar, LLC, a private equity-owned, nationwide garage door manufacturer, distributor, and installer, first as CFO and later as CEO, where he successfully restructured the company's operations and managed the sale of Ankmar to strategic buyers.
Prior to Ankmar, Mr. Clarke also worked for nine years at PepsiCo, Inc. Thompson was involved in all aspects of fund raising, product development, marketing and sales in the early days of the company. Thompson brings AeroGrow over 20 years of experience in management, direct marketing, sales management, and advertising.
Prior to AeroGrow, Mr. Prior to PPI, Mr. For ten years Mr. Thompson was the founder and President of Innovative Marketing Solutions, a marketing consulting agency to entrepreneurial and high-tech companies. Aero Grow International, Inc. AeroGrow is the creator, manufacturer and marketer of the Miracle-Gro AeroGarden line of indoor gardens for consumer markets worldwide.
The Company offers approximately 40 seed pod kits for use in its indoor gardening products. These seed pod kits include pre-seeded bio-grow seed pods and a three-to-six-month supply of nutrients, including the Company's formula for adjusting water quality.
Its seed pod kits include vegetable gardens, such as tomato, pepper and salsa garden; herb gardens, which include gourmet herbs, Italian herbs and pesto basil; flower gardens, such as cascading petunias, English cottage, scented blooms and mountain meadow, and salad gardens, which include salad greens and romaine lettuce. Its seed pod kits are sold to consumers for use with the Company's indoor gardening products.
Its individual seed pod kits are grown by consumers for 3 to 6 months and then new seed pod kits may be purchased for replanting. With its Garden Starter Systems, consumers can start approximately 60 seedlings in the Company's indoor gardens for transplant into their outdoor gardens.
With the Grow Anything Kits, consumers can grow their own seeds to maturity in the AeroGarden or transplant seeds outdoors, including plant nutrients, nutrient dispensers and other products. Breakingviews Home Breakingviews Video. AeroGarden Indoor Gardens The Company offers over nine different indoor garden models, which are differentiated based on size, design, light intensity, degree of automation, inclusion of Adaptive Growth Technology or Advanced Growing Systems, height potential of light hoods and inclusion of plant support systems.
AeroGrow International Inc News.
Aero Grow: An Attractive Cannabis Play
The AeroGarden is a revolutionary indoor garden appliance, self-contained, automatic and % success AeroGrow International, Inc AeroGarden. AeroGrow International, Inc. engages in the development, marketing, direct- selling, and wholesale of indoor garden systems to consumers and retailers in the. AeroGrow International, Inc (OTCBB: AERO) is the manufacturer and distributor of the world's leading indoor gardening systems – the AeroGarden line of Smart.