Scotts Miracle-Gro Plans to Combine Hawthorne with Cannabis Company and Focus on Core Lawn and Garden Business Amid Cannabis Rescheduling
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Scotts Miracle-Gro plans to transition its Hawthorne Gardening subsidiary into a cannabis-focused entity by combining it with a cannabis company in fiscal 2026. This strategic move aims to leverage the benefits of federal cannabis rescheduling, enhancing the financial viability of legal cannabis businesses. Meanwhile, Scotts Miracle-Gro will continue to focus on its core lawn and garden business.
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