 Cannabis-focused hydroponics equipment manufacturer Hydrofarm Holdings Group, Inc. NASDAQ:HYFM has entered into an agreement to acquire Illinois-based Innovative Growers Equipment Inc., a manufacturer of horticulture benches, racking and LED lighting systems. The Deal Details Under the terms of the agreement, the Fairless Hills, Pennsylvania-based company, agreed to purchase IGE for roughly 58 million using a combination of cash, its credit facilities and approximately 11.6 million in its common stock. 