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Technical420 Site Search

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Scotts Miracle-Gro Lobbies For Cannabis Reform In The US

The legal cannabis movement has a new supporter…The Scotts Miracle-Gro Company (NYSE: SMG). Earlier this month, the leading marketer of branded consumer lawn and garden as well as indoor hydroponic growing products reported first quarter financial results. The numbers were not pretty and Scotts’ Hawthorne segment reported a 31% decrease…

ScottsMiracle-Gro Reports First Quarter Results

MARYSVILLE, Ohio, Feb. 01, 2023 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world’s leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, today announced results for its fiscal first quarter ended December 31, 2022. “The first quarter reflects our disciplined…

The Scotts Miracle-Gro Foundation’s Hawthorne Social Justice Fund and Congressional Black Caucus Foundation announce funding of John R. Lewis Social Justice Fellows

 The Hawthorne Gardening Company, a subsidiary of The Scotts Miracle-Gro Company, today announced that the Hawthorne Social Justice Fund has committed to a multi-year sponsorship of the John R. Lewis Social Justice Fellows program within the Congressional Black Caucus Foundation, Inc. The Hawthorne Social Justice Fund, part of The Scotts…

JP Morgan Recommends a Stock Levered to the Cannabis Industry Boom

JPMorgan…you are late.Yesterday, JPMorgan recommended Scotts Miracle-Gro (SMG) to its clients and changed its rating to Buy from Hold because it believes Scotts’ recent hydroponics business acquisitions will pay off as legal marijuana use increases.JPMorgan’s analyst said, “We view Scotts as a reasonably valued investment over a longer time frame…

Cannabis: A Technology and Synergy Story

Technological innovation has always played a major role in the growth and development of industries in the United States. The market has seen technological innovation serve as a game changer to the domestic oil industry through the development of horizontal rigs. The cannabis industry has also seen significant improvement through…

Scotts Miracle-Gro (SMG: NYSE) Quietly Entering The Cannabis Industry

Last week, a subsidiary of Scotts Miracle-Gro (SMG: NYSE) announced a deal to acquire Santa Rosa-based General Hydroponics and its sister business in Marysville, Bio-Organic Options. Scotts Miracle-Gro did not disclose the financial information associated with the acquisition.General Hydroponics has become a leading international supplier of liquid nutrients used to…

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