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, is pleased to announce a strong entrance into the nutraceutical space with the completed purchase of vitamedica, a leading online seller of supplements for surgery + recovery, skin + beauty, and health + wellness. the closing of the acquisition will be immediately accretive to grove, being both top line and net income positive for the company.
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