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ScottsMiracle-Gro Transfers its Cannabis Subsidiary to an Independent Partner

Apr 11, 2025•about 1 year ago

Contract Type

partnership

Description

Scotts Miracle-Gro Co. has announced the transfer of its wholly-owned subsidiary, The Hawthorne Collective Inc., to an independent strategic partner, as part of its strategic focus on its core lawn and garden business. This move aims to reduce the impact of the cannabis sector’s volatility on the company’s stock and provide opportunities for increased investments in its consumer business.

Company Information

Company

ScottsMiracleGro

About

We provide gardening resources and advice to help gardeners and growers transform their own piece of the Earth.

Predictive Intelligence
Strategic

ML-powered predictions for ScottsMiracleGro's next move

Learn about Strategic plan

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.