WOODLAND HILLS, Calif., April 4, 2013 (GLOBE NEWSWIRE) -- GrowLife, Inc. (OTCQB:PHOT), a provider of highly effective indoor growing technologies and unique lifestyle brands, is pleased to announce that it has signed a letter of intent to acquire Rocky Mountain Hydroponics, LLC., Evergreen Garden Center, LLC. and 58Hydro.com ("EGC") in a transaction that involves a combination of common stock, debt securities and cash. The signed agreement will bring over $4 million in EGC revenue to GrowLife's revenue.
GrowLife Signs LOI To Acquire Hydroponics Store Chain Rocky Mountain Hydro, Evergreen Garden Centers And 58Hydro.com
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