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Growlife (NASDAQ:PHOT) Director Sterling C. Scott bought 795,455 shares of the company’s stock in a transaction that occurred on Thursday, July 3rd. The stock was purchased at an average cost of $0.09 per share, with a total value of $71,590.95. Following the acquisition, the director now directly owns 54,747,073 shares of the company’s stock, valued at approximately $4,927,237. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Growlife (NASDAQ:PHOT) traded down 3.85% on Monday, hitting $0.10. 3,669,531 shares of the company’s stock traded hands. Growlife has a 1-year low of $0.03 and a 1-year high of $0.78. The stock has a 50-day moving average of $0.11 and a 200-day moving average of $0.29. The company’s market cap is $80.9 million.

GrowLife, Inc (NASDAQ:PHOT) is a holding company with multiple operating businesses that manufacture and supply branded equipment and expendables in the United States for urban gardening, inclusive of equipment and expendables for growing of medical marijuana.

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