Vireo Growth Inc. Reveals Purchase of The Hawthorne Gardening Company from Scotts Miracle-Gro Company
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 18 hours ago
0mins
Should l Buy SMG?
Source: moomoo
Acquisition Announcement: Vireo Growth Inc. has announced the acquisition of the Hawthorne Gardening Company from Scotts Miracle-Gro Company.
Strategic Move: This acquisition is part of Vireo Growth's strategy to expand its operations and enhance its product offerings in the gardening sector.
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Analyst Views on SMG
Wall Street analysts forecast SMG stock price to rise
5 Analyst Rating
4 Buy
1 Hold
0 Sell
Strong Buy
Current: 63.820
Low
51.37
Averages
64.09
High
74.00
Current: 63.820
Low
51.37
Averages
64.09
High
74.00
About SMG
The Scotts Miracle-Gro Company is engaged in the manufacturing, marketing, and sale of products for lawn and garden care and indoor and hydroponic gardening. The Company’s products are primarily sold in North America. The U.S. Consumer segment consists of its consumer lawn and garden business in the United States. Its consumer lawn and garden brands include Scotts, Turf Builder, lawn fertilizer and Scotts, grass seed products; Miracle-Gro soil, plant food, and gardening products; Ortho herbicide and pesticide products, and Tomcat rodent control and animal repellent products. The Other segment consists of its consumer lawn and garden business in Canada. Its products include Turf Builder Halts Crabgrass Preventer with Lawn Food, Turf Builder Weed & Feed5, Turf Builder SummerGuard Lawn Food with Insect Control, Turf Builder Southern Lawn Food, Turf Builder EdgeGuard Mini Broadcast Spreader, Turf Builder Bonus S Southern Weed & Feed₂ Turf Builder Lawn Food and others.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Acquisition Announcement: Vireo Growth Inc. has announced the acquisition of the Hawthorne Gardening Company from Scotts Miracle-Gro Company.
Strategic Move: This acquisition is part of Vireo Growth's strategy to expand its operations and enhance its product offerings in the gardening sector.
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