-
Scotts Miracle-Gro's Cannabis-Focused Subsidiary Reports 28% YoY Drop In Q3 Net Sales, Reaffirms 2024 Outlook
Wednesday, July 31, 2024 - 12:27pm | 576Scotts Miracle-Gro Company (NYSE:SMG), the world's largest marketer of branded consumer lawn and garden as well as a leader in indoor and hydroponic growing products, announced on Wednesday its results for the third quarter ended June 29, 2024. Cannabis-focused subsidiary Hawthorne Gardening...
-
This Cannabis Merger Will Cover 25% Of U.S. Population: Cansortium & RIV Capital Powered By ScottsMiracle-Gro
Thursday, May 30, 2024 - 2:21pm | 639Cansortium Inc. (OTC: CNTMF), a multi-state cannabis operator under the FLUENT brand and RIV Capital Inc. (OTC: CNPOF) announced a merger that will operate in Florida, New York, Texas, and Pennsylvania, covering 25% of the U.S. population with eight cultivation and processing...
-
Riv Capital Stock Trading Higher On Stagnating Q3 FY23 Revenue And CEO Departing
Wednesday, March 1, 2023 - 11:19am | 647RIV Capital Inc. (OTCPK:CNPOF) (CSE:RIV) released its financial results for the three months ended December 31, 2022, revealing net revenue of $1.9 million, consistent with the previous quarter (the company did not report revenue for any reporting periods ended on or prior to March 31, 2022)....
-
Resource Use In Cannabis Industry, A New Report From Regennabis Says More Should Be Done
Tuesday, November 15, 2022 - 5:02pm | 598Regennabis, a leading ESG and sustainability advisory firm in the global cannabis industry, released a new report outlining the challenges indoor growers face from a sustainability perspective and what steps are being taken to create a framework for resource-use efficiency. With support from...
-
How Scotts Miracle-Gro Grew From A Grass Seed Supplier In Ohio To A Cannabis Giant With More Fields Yet To Till
Tuesday, May 31, 2022 - 5:37pm | 651CNN’s business section took a deep dive into one of the oldest companies in the U.S.: Scotts Miracle-Gro (NYSE: SMG), which as we know has taken its own deep dive into the cannabis industry while keeping the rest of us supplied with what we need to keep our own spring gardens...
-
RIV Capital To Acquire New York-Based Etain Via $247M Deal, Names New CEO
Wednesday, March 30, 2022 - 8:17am | 775RIV Capital, Inc. (CSE: RIV) (OTC: CNPOF) will acquire ownership and control of Etain LLC and Etain IP LLC, owners and operators of legally licensed cannabis cultivation and retail dispensaries in New York state for $247 million in cash and stock. Under the agreement, RIV Capital will...
-
Cannabis Advocacy: SMG's Hawthorne Social Justice Fund & Congressional Black Caucus's John R. Lewis Social Justice Fellowship
Wednesday, February 2, 2022 - 9:59am | 346The largest grant award to date from The Scotts Miracle-Gro (NYSE: SMG) Foundation’s Hawthorne Social Justice Fund will support four fellows focusing their research on cannabis policy and social justice reforms through the John R. Lewis Social Justice Fellows program. Announced today,...
-
Scotts Miracle-Gro Continues Acquisition Spree With Two Deals Worth $225M, Lowers Sales Outlook For Hawthorne
Tuesday, January 4, 2022 - 11:51am | 646Scotts Miracle-Gro (NYSE: SMG) reported Tuesday that it has acquired Luxx Lighting, a provider of high-performance cultivation lighting, for $215 million. The Ohio-based company also announced that it is purchasing True Liberty Bags, the industry's leading provider of liners and...
-
Scotts Miracle-Gro To Acquire Rhizoflora's Cannabis Nutrients Business For $33.5M
Tuesday, August 17, 2021 - 11:36am | 516Scotts Miracle-Gro (NYSE: SMG) announced Monday that it has acquired Rhizoflora’s leading nutrients business including its Terpinator and Purpinator brands, further bolstering the Hawthorne Gardening Company's product portfolio. Separately, the company announced that...