DENVER, CO, Nov. 28, 2016 /PRNewswire/ - GrowGeneration Corp. (OTCQB: GRWG), GrowGeneration ("GrowGen" or the "Company") one of the largest specialty retail hydroponic and organic gardening store chains, selling to both the commercial and home cannabis markets, announced today that the Depository Trust Company (DTC) has approved the Company's eligibility application for GrowGeneration Corp. (CUSIP 39986L 109), effective November 24, 2016. The DTC, a subsidiary of the Depository Trust & Clearing Corporation (DTCC), manages the electronic clearing and settlement of publicly-traded companies. Securities that are eligible to be electronically cleared and settled through the DTC are considered "DTC eligible." This electronic method of clearing securities expedites the receipt of stock and cash, and, thus, accelerates the settlement process for investors and brokers. GrowGen CEO Comments Commenting on GrowGen's DTC Eligibility, Darren Lampert, Co-Founder and CEO, said, DTC eligibility increases the efficiency and lowers the costs associated with trading GrowGen shares on the OTCQB, while increasing security and lowering transaction risk for our investors. Securing DTC eligibility reflects our ongoing efforts to support our growing investor base in the U.S. About GrowGeneration Corp.: GrowGeneration Corp. ("GrowGen") owns and operates specialty retail hydroponic and organic gardening stores. Currently, GrowGen has 12 locations, which includes 10 locations in Colorado, 1 location in California and 1 location in Nevada. GrowGen carries and sells thousands of products, including organic nutrients and soils, advanced lighting technology and state of the art hydroponic equipment to be used indoors and outdoors by commercial and home growers. Our mission is to own and operate GrowGeneration branded stores in all of the major legalized cannabis states. Management estimates that roughly 1000 hydroponic stores are in operation in the U.S. According to ArcView Market Research, the U.S. cannabis market was $5.7 billion in 2015 and is expected to reach $7.2 billion at the end of 2016. By 2020 the market is estimated to reach over $23 billion with a compound annual growth rate of 32%.