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Grove, Inc. (GRVI)

NASDAQ: GRVI · IEX Real-Time Price · USD
6.01
-0.03 (-0.50%)
After-hours:Oct 25, 2021 7:43 PM EDT
6.04
0.00 (0.00%)
At close: Oct 25, 4:00 PM
Market Cap95.84M
Revenue (ttm)24.10M
Net Income (ttm)2.93M
Shares Out12.09M
EPS (ttm)0.21
PE Ratio28.76
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume323,212
Open5.92
Previous Close6.04
Day's Range5.79 - 6.17
52-Week Range3.86 - 9.37
Betan/a
Analystsn/a
Price Targetn/a
Est. Earnings DateNov 15, 2021

About GRVI

Grove is in the business of developing, producing, marketing and selling raw materials, white label products and end consumer products containing the industrial hemp plant extract, Cannabidiol (“CBD”). We sell to numerous consumer markets including the botanical, beauty care, pet care and functional food sectors. We seek to take advantage of an emerging worldwide trend to re-energize the production of industrial hemp and to foster its many uses for consumers. In addition, through one of our wholly owned subsidiaries, we produce primarily bu...

IndustryDrug Manufacturers-Specialty & Generic
IPO DateJun 24, 2021
CEOAllan Marshall
Employees122
Stock ExchangeNASDAQ
Ticker SymbolGRVI
Full Company Profile

Financial Performance

Financial Statements

News

Grove Inc. Closes Acquisition of Programmatic Advertising Company Interactive Offers

HENDERSON, NV / October 20, 2021 / Grove, Inc. (NASDAQ:GRVI) ("Grove" or the "Company"),Grove Inc., a global innovator in hemp, health, and wellness, has completed its previously announced acquisition o...

5 days ago - Benzinga

Grove Inc. Board approves up to 1 Million Share Repurchase Authorization

HENDERSON, NV / October 19, 2021 / Grove, Inc. (NASDAQ:GRVI) (“Grove” or the “Company”),Grove Inc., a global innovator in hemp, health, and wellness, today announced that its Board of Directors authoriz...

6 days ago - Benzinga

Grove Inc. Board Approves up to 1 Million Share Repurchase Authorization

HENDERSON, NV, Oct. 19, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grove, Inc. (NASDAQ:GRVI) ("Grove" or the "Company"): Grove Inc., a global innovator in hemp, health, and wellness, today announced t...

6 days ago - GlobeNewsWire

Grove Launches New Division to Compete With Amazon Aggregators

The CBD and wellness company Grove, Inc. says it has launched a new division designed to acquire Amazon and eCommerce businesses. Called Upexi, this offshoot is designed to “take direct aim at the Amazo...

Other symbols:AMZN
1 week ago - PYMNTS

What made Grove Inc shares jump 70% on Thursday morning?

Shares of Grove Inc (NASDAQ: GRVI) climbed by more than 70% on Thursday morning after the hemp specialist announced the launch of Upexi – its latest growth initiative. Upexi to help scale online busines...

1 week ago - Invezz

Why Grove Shares Are Surging Today

Grove, Inc. (NASDAQ: GRVI) shares are trading higher after the company announced it launched an Amazon.com, Inc. (NASDAQ: AMZN) aggregation division. With the launch of Upexi, Grove intends to take dire...

1 week ago - Benzinga

Grove Inc. Launches Amazon Aggregation Division

Upexi Unit Created to Acquire and Scale Promising Ecommerce Businesses HENDERSON, NV / October 14, 2021 / Grove, Inc. (NASDAQ:GRVI) ("Grove" or the "Company"), a global innovator in hemp, health, and we...

1 week ago - Benzinga

Grove Collaborative Named an EPA 2021 Safer Choice Partner of the Year

SAN FRANCISCO--(BUSINESS WIRE)--Grove Collaborative (“Grove”), a leading sustainable consumer products company that creates and curates high-performing and planet-first products, announced today it has ...

1 month ago - Business Wire

Grove's Acquisitions Fueling Company's Growth

Since its initial public offering (IPO) in June, Grove Inc. (NASDAQ:GRVI) has embarked on a journey that will establish it as a leading manufacturer of hemp-derived CBD-based products as well as nutriti...

1 month ago - Benzinga

7 Reddit Penny Stocks Dazzling Investors with Low Floats

Penny stocks are incredibly risky. But if you must engage this sector, you certainly have a better chance with low-float securities.

Other symbols:BLINDBGIRCONRSLS
1 month ago - InvestorPlace

Grove, Inc. Announces Unaudited Fiscal Year 2021 Results of Operations

Offers Revenue Guidance for 2022 of $48-55 Million ●     $24.1 million in revenue for fiscal year 2021

1 month ago - GlobeNewsWire

Alfi Brings Grove's Cannabis Ads to the Backseat of Your Uber Ride

Source: Alfi Even as a myriad of wellness benefits from CBD products pile up, the cannabis industry faces stiff headwinds when it comes to advertising its products. The two largest digital advertising p...

Other symbols:ALF
1 month ago - Benzinga

Grove Inc. to Present at the H.C. Wainwright 23rd Annual Global Investment Conference

HENDERSON, NV, Sept. 10, 2021 (GLOBE NEWSWIRE) -- via  NewMediaWire  -- Grove Inc. (the “Company” or “Grove”) (NASDAQ: GRVI), Nevada company engaging in the research, manufacturing, distribution, and ma...

1 month ago - GlobeNewsWire

Grove Inc. Expands into the Programmatic Advertising Technology Sector with Acquisition of Interactive Offers and its...

HENDERSON, NV, Aug. 19, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grove Inc. (the “Company” or “Grove”) (NASDAQ: GRVI), the Nevada based BRAND and CBD company, looking to add a key Technology Divisio...

2 months ago - GlobeNewsWire

Alfi and Grove to Launch Digital Out of Home Campaign Across 12 Major Markets

Alfi onboards major brand for its DOOH platform that could be worth millions Utilizing Alfi's digital advertising platform, Grove can reach targeted audiences in Uber and Lyft rideshares

Other symbols:ALF
2 months ago - Benzinga

Grove Enters AI Industry in a Strategic Partnership With Alfi

HENDERSON, NV, Aug. 18, 2021 (GLOBE NEWSWIRE) — via  NewMediaWire  — Grove Inc. (the “Company” or “Grove”) (NASDAQ:GRVI), the Nevada company engaging in the research, manufacturing, distribution, and ma...

Other symbols:ALF
2 months ago - Benzinga

Grove Inc. Completes Acquisition of VitaMedica, Making a Strong Entrance Into Nutraceuticals

HENDERSON, NV, Aug. 05, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grove Inc. (the “Company” or “Grove”) (NASDAQ: GRVI), the Nevada based company redefining the way hemp is bought, produced, and sold,...

2 months ago - GlobeNewsWire

10 Cannabis Stocks That Ran Extra Hot This Week

Welcome back to our weekly series, Schaeffer's Cannabis Stock News Update, where we recap what happened in the world of marijuana stocks and look ahead to how the cannabis industry continues to shape up...

2 months ago - Schaeffers Research

How Nasdaq-Traded Hemp Co. Grove Inc. Became an Overnight Success and Why It's Positioned to Stay There

Grove Inc. (NASDAQ:GRVI) started as a group of hemp enthusiasts eager to spread the word about the benefits associated with the use of CBD and hemp-based products. Today, the company is on its way to be...

2 months ago - Benzinga

SmallCapsDaily: Grove Inc.; An Emerging Leader Within the Hemp Manufacturing Space

New York, New York--(Newsfile Corp. - July 30, 2021) - Grove Inc. (NASDAQ: GRVI) (the "Company" or "Grove") the Nevada based company redefining the way hemp is bought, produced, and sold, was recently t...

2 months ago - Newsfile Corp

Grove Hemp And CBD Co. Surpasses Growth And Profitability Projections In 2021, Expects 300% Increase In Q4

Hemp and CBD company Grove, Inc. (NASDAQ:GRVI) revealed Wednesday its preliminary and unaudited financial results for the last three months of fiscal 2021. In its earnings report, the Henderson, Nevada-...

2 months ago - Benzinga

GRVI Stock: 9 Things to Know About CBD Play Grove, Inc. as Shares Light Up Today

Grove, Inc. (GRVI) stock is soaring higher on Wednesday thanks to the CBD company releasing preliminary results for fiscal Q4. The post GRVI Stock: 9 Things to Know About CBD Play Grove, Inc. as Shares ...

2 months ago - InvestorPlace

Grove, Inc. Announces Preliminary Fourth Quarter and Fiscal Year 2021 Results — Fourth Quarter Revenue Estimated at $...

HENDERSON, NV / July 28, 2021 / Grove, Inc. (NASDAQ:GRVI) (“Grove” or the “Company”), the Nevada based company redefining the way hemp is bought, produced, and sold today announced preliminary and unaud...

2 months ago - Benzinga

AMC signs deal to lease the Grove and Americana, two of Los Angeles' top-grossing cinemas

AMC is taking over the leases of the Grove shopping complex and the Americana at Brand. Both locations were formerly operated by Pacific Theatres.

Other symbols:AMC
3 months ago - CNBC

Malaysia's Carsome, Tycoon Patrick Grove's Catcha Group To Take ICar Asia Private In $200 Million Deal

Malaysia-based used car platform Carsome Group said Tuesday it has partnered with Catcha Group to take Australian-listed rival iCar Asia private in a deal valued at $200 million.

3 months ago - Forbes