Upexi Inc

NASDAQ:UPXI

Grove, Inc. engages in the business of developing, producing, marketing, and selling raw materials, white label products and end consumer products containing the hemp plant extract, cannabidiol. The company is headquartered in Clearwater, Florida and currently employs 122 full-time employees. The company went IPO on 2021-06-24. The firm primarily conducts its business operations through its wholly-owned subsidiaries: Steam Distribution, LLC, One Hit Wonder, Inc., Havz, LLC, doing business as, Steam Wholesale, One Hit Wonder Holdings, LLC, SWCH LLC, Trunano Labs, Inc., Infusionz, LLC and Cresco Management, LLC. Its segments include products and trade shows. The firm's product sales are organized into three channels of distribution: Grove, Inc. branded products, manufacturing of products to be sold under customers brands and white label products that are sold under customer brands. The Company, through its subsidiaries, produces business-to-business CBD-related trade shows in the United States. The company sells to numerous consumer markets, including botanical, beauty care and pet care.