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Scotts Miracle-Gro To Acquire Rhizoflora’s Cannabis Nutrients Business For $33.5M

Scotts Miracle-Gro To Acquire Rhizoflora's Cannabis Nutrients Business For $33.5M

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Scotts 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 its subsidiary, The Hawthorne Collective, has purchased a warrant to buy equity in Dewey Scientific for $3.2 million, which will help advance Dewey’s industry-leading cannabis genomics and cultivation.

...read full article on Benzinga

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