Cannabis Formulation Expert Darius Faizi, Ph.D. Joins Hydroponics, Inc. as Head of Research and Development

Cannabis Formulation Expert Darius Faizi, Ph.D. Joins Hydroponics, Inc. as Head of Research and Development

October 21, 2019 09:00 ET

 NEWPORT BEACH, Calif., Oct. 21, 2019 (GLOBE NEWSWIRE) -- Hydroponics, Inc., a national provider of agricultural supplies and logistics specific to the cannabis and hemp industries, today announced the appointment of Dr. Darius Faizi as the Head of Research and Development. Dr. Faizi will work with Hydroponics’ cultivator partners to reduce cost, improve yield, and enhance plant health. He will also conduct proprietary research on the efficacy of marketplace products.

Dr. Faizi holds a Ph.D. in organic chemistry from the University of California, Irvine, and a B.S. in chemistry from the University of California, Los Angeles. For the past seven years, Dr. Faizi has provided independent consulting for cannabis cultivators through development of broad-spectrum plant nutrition and has developed several successful cannabis nutrient product lines for commercial cultivators.

 “The necessary expense of nutrients, fertilizers, and consumables is the largest recurring spend for almost every commercial cultivator. Dr. Faizi’s experience and skillset will be invaluable to Hydroponics, Inc. and our clients; ensuring low costs, increasing profitability, and implementing best practices for their farms,” said Ken Alston, CEO of Hydroponics, Inc.

 “Hydroponics, Inc. is the expert in cannabis supply chain management and, as Head of Research and Development, I hope to demystify the science behind growing cannabis as well as expose the faux science that is prevalent in the industry. Through chemistry, cultivators can reduce cost, increase yield, and enhance plant health, all while staying compliant within industry regulations,” said Faizi.

 If you are interested in more information on how Hydroponics, Inc. can help mitigate cultivation expenses, the Company will have a presence at Benzinga Cannabis Capital Conference in Chicago on October 22-23, or you can visit their website www.hydroponicsinc.com.

About Hydroponics, Inc.

Hydroponics, Inc.(www.hydroponicsinc.com) is a disruptive technology-enabled provider of global agricultural supplies, data & analytics, and procurement for large scale, commercial farms. The Company helps farmers grow smarter, faster, and more efficiently.

Media Contact:

Anne Donohoe

KCSA Strategic Communications

212.896.1265

adonohoe@kcsa.com

Hydroponics, Inc. Acquires Grow Shop Hydroponics

Company to Expand Distribution and Service Capabilities in Desert Hot Springs, Cannabis Hub

DESERT HOT SPRINGS, Calif., Oct. 01, 2019 (GLOBE NEWSWIRE) -- Hydroponics, Inc., a technology-enabled provider of global agricultural supplies, data and analytics, and procurement for large scale, commercial cannabis farms, today announced the acquisition of Grow Shop Hydroponics. Grow Shop Hydroponics, a cannabis equipment retailer, is based in Desert Hot Springs, a rapidly growing hub for California cultivators. This follows the launch of the Company’s initiative to deploy up to $75 million for strategic acquisitions.

“After retrofitting the Grow Shop retail facility into a distribution center, this acquisition will allow us to better serve our desert-based commercial accounts through rapid delivery times, increased customer service, and materially shorter procurement cycles,” said Ken Alston, CEO of Hydroponics, Inc.

Hydroponics, Inc. has numerous partner-farms in the desert, and Grow Shop Hydroponics is located next door to over one million square feet of canopy.

Alston continued, “This acquisition further demonstrates our commitment to world-class cannabis supply chain best practices. Not only is this transaction immediately accretive for our existing platform and shareholders but it also affords us the opportunity to better serve existing and future cultivators who place a premium on a seamless and economical procurement cycle.”

Hydroponics, Inc. is a 10-year old company with a rich history in the California cannabis industry. Acquired through a sidecar investment firm funded by notable CEOs, entrepreneurs, and family offices, the investment and operating team identified the opportunity to disrupt and professionalize the supply chain utilizing Hydroponics, Inc. as its platform. Since the acquisition, the Company has expanded its geographic footprint into 15 states, Washington, D.C., and Puerto Rico, augmented the management team with procurement and data experts, and developed best-in-class agricultural solutions and analytics for large-scale cultivators.

For more information on Hydroponics or if you are interested in speaking to them about an investment opportunity, please email ma@hydroponicsinc.com.

About Hydroponics Inc.
Hydroponics, Inc.(www.hydroponicsinc.com)  is a leading supplier of agriculture supplies and services specific to the cannabis and hemp industry. The Company helps farmers grow smarter, faster, and more efficiently by providing data and analytics, best-in-class marketplace consulting, and financial solutions. Hydroponics, Inc. decreases supply, logistics, and procurement expenses by 30% or more allowing cultivators to focus on revenue and their brand, saving time, and resources.

Media Contact:
Anne Donohoe
KCSA Strategic Communications
212.896.1265
adonohoe@kcsa.com