GrowGeneration Corp. (NASDAQ:GRWG) Q4 2022 Earnings Call Transcript

And we’ve been pretty vocal about that. We feel tremendously comfortable with the other side of our business. And that’s the higher margin side of the business. So, where we stand right now with our private label products coming out and with Drip Hydro Char Coir and some of the other brands that we’re launching into the markets, we believe that our margin profile would be very advantageous going forward into the future. And we have stayed away from selling used equipment from GrowGen. We’ve stayed away from the junkyard, and it’s just not in our business model right now. It’s much more on the lower cost illegal side of it. We’re not seeing it going into these legal growers. So it’s something that — it’s a wonderful, like anything else, marketplace, but it’s not something that we’re going to get involved with right now.

Operator: Ladies and gentlemen, this concludes today’s conference call. Thank you for your participation. You may now disconnect.