Scotts Miracle-Gro Plans to Combine Hawthorne with Cannabis Company and Focus on Core Lawn and Garden Business Amid Cannabis Rescheduling

Reuters12-19

Scotts Miracle-Gro Plans to Combine Hawthorne with Cannabis Company and Focus on Core Lawn and Garden Business Amid Cannabis Rescheduling

The Scotts Miracle-Gro Company has announced plans to strategically transition its Hawthorne Gardening Company subsidiary into a cannabis-focused entity. As part of its broader growth strategy, the company intends to combine Hawthorne with a cannabis company early in fiscal 2026. The move aims to capitalize on the anticipated benefits from the federal rescheduling of cannabis, which is expected to improve the financial viability of legal cannabis businesses. ScottsMiracle-Gro will continue to focus on the growth of its core consumer lawn and garden business while positioning Hawthorne for expanded opportunities in the cannabis sector.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Scotts Miracle-Gro Company published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9604774-en) on December 18, 2025, and is solely responsible for the information contained therein.

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