Scotts Miracle-Gro, a major player in consumer lawn and garden care, has chosen to pause its direct involvement in the cannabis industry, citing the prolonged lack of federal legalization as a core factor in the decision. The move marks a strategic shift as the company reassesses the timing and viability of its cannabis investments.At the heart of this change is the company’s … [Read more...] about Scotts is out, but they might come back…
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How Scotts Miracle-Gro is reinventing itself as one of the biggest players in cannabis
San Francisco (CNN Business)The US cannabis industry is flush with fledgling companies and many unfamiliar brands. In that mix, however, is a 154-year-old company that is a household name: Scotts Miracle-Gro (SMG). Over the past decade, the lawn and garden giant has quietly entrenched itself in the young and fast-growing industry. Its Hawthorne Gardening Company subsidiary has … [Read more...] about How Scotts Miracle-Gro is reinventing itself as one of the biggest players in cannabis