Smallcapvoice.com, Inc.

GrowLife, Inc. Reports Over $4.4m in Revenue in First Six Months of 2019 Compared to $4.6m in Revenue for ALL of 2018 Summary GrowLife reports gross revenue of $2.2 million as compared to revenue of $1.2 million for the same period in 2018, an increase of 82% GrowLife reports gross profit for the six-month period ending on June 30, 2019 of $1.4 million, compared to $187,900 in the same period last year, representing a 669% increase GrowLife focused product profitability in Q2 of 2019, which resulted in gross margin increases to over 30% from 9% for the same period last year, an increase of 232% GrowLife continues to experience growth due to the successful integration of recently acquired EZ-CLONE Enterprises, Inc. and increased demand for cloning products for use in hemp CBD products. KIRKLAND, Wash. , Aug. 12, 2019 (GLOBE NEWSWIRE) -- GrowLife, Inc. (OTC: PHOT) (“GrowLife” or the “Company”), one of the nation’s most recognized indoor cultivation product and service providers, today announced financial