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Growlife Announces It Has Closed On The Acquisition Of Bridgetown Mushrooms

PRIVATEJan 12, 2023

Acquiring Company

GROWLIFE, INC.

Acquired Company

Bridgetown Mushrooms

KirklandInformation TechnologyFood And BeverageManufacturingAgriculture and FarmingFood And Beverage

Description

via NewMediaWire – GrowLife, Inc. (OTCQB: PHOT) announced today that on January 6, 2023, it has completed its acquisition of certain assets of Bridgetown Mushrooms, one of the leading growers of gourmet and functional mushrooms in the United States. GrowLife previously announced that it had reached a definitive agreement with Bridgetown in June 2022. Today’s announcement marks its official entrance into the booming mushroom sector and is now the core focus of the Company.

Quick answer

GROWLIFE, INC. is acquiring Bridgetown Mushrooms, announced January 12, 2023. GROWLIFE, INC. is based in Kirkland, Washington, United States.

How much did GROWLIFE, INC. pay for Bridgetown Mushrooms?
The deal value was not disclosed.
What does GROWLIFE, INC. do?
GrowLife, Inc. (OTCC:PHOT), a holding company within the health & wellness industry, has announced it’s most recent acquisition of Bridgetown Mushrooms in Portland Oregon.
Where are GROWLIFE, INC. and Bridgetown Mushrooms based?
GROWLIFE, INC. is based in Kirkland, Washington, United States.
Who are the decision-makers at GROWLIFE, INC?
Fundz holds 1 contact at GROWLIFE, INC. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

GROWLIFE, INC.

Location

11335 NE 122ND WAY

Kirkland, Washington, United States

About

GrowLife, Inc. (OTCC:PHOT), a holding company within the health & wellness industry, has announced it’s most recent acquisition of Bridgetown Mushrooms in Portland Oregon. Achieving Growlife’s goal of moving into the emerging and fast growing gourmet and functional mushroom market. Bridgetown Mushrooms Founded in 2018 and located in Portland, Oregon, Bridgetown is fully operational, with vertically integrated operations in growing, harvesting, sterilization, and retail fulfillment of functional mushrooms, gourmet mushrooms, and functional /medicinal mushroom-based products. Current facilities total 10,000 square feet. Since closing on the asset purchase of Bridgetown Mushrooms on Jan 7, 2023, Growlife has expanded the cultivation capacity by 133%, launched a new Mycology division and the development of mushroom based products. The Company will now operate within four channels across the nation including retail, e-commerce, direct sales and distribution.

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Frequently asked

Who acquired Bridgetown Mushrooms?

Bridgetown Mushrooms was acquired by GROWLIFE, INC., based in Kirkland. The deal was reported on January 12, 2023. GrowLife, Inc. (OTCC:PHOT), a holding company within the health & wellness industry, has announced it’s most recent acquisition of Bridgetown Mushrooms in Portland Oregon. GROWLIFE, INC. is privately held and operates in Information Technology.

When did GROWLIFE, INC. acquire Bridgetown Mushrooms?

GROWLIFE, INC.'s acquisition of Bridgetown Mushrooms was reported on January 12, 2023. via NewMediaWire – GrowLife, Inc. (OTCQB: PHOT) announced today that on January 6, 2023, it has completed its acquisition of certain assets of Bridgetown Mushrooms, one of the leading growers of gourmet and functional mushrooms in the United States. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Bridgetown Mushrooms do?

Founded in 2018 in Portland Oregon, Bridgetown Mushrooms is currently one the largest producers of gourmet and functional mushrooms in the Pacific Northwest. It is privately held, operating in Manufacturing.

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