Scotts Miracle-Gro Archives

Debra BorchardtDecember 5, 2023

The company is positioning itself to become profitable again.

Adam JacksonNovember 2, 2023

Hawthorne's break-even milestone fuels the lawn leader's cannabis ambitions.

StaffNovember 1, 2023

The Daily Hit is a recap of the top financial news stories for Nov. 1, 2023. On the Site Scotts Miracle-Gro Weathers Hydroponics Downturn, Outpaces Earnings Estimates Lawn leader Scotts Miracle-Gro Co. (NYSE: SMG) disclosed a dip in annual sales but outperformed earnings expectations, thanks to cost-saving measures. Scotts reported a 10% sales decrease, attributed […]

Adam JacksonNovember 1, 2023

The sales slide wasn't as strong as analysts expected.

StaffAugust 22, 2023

The Daily Hit is a recap of the top financial news stories for Aug. 22, 2023. On the Site Verano Sues Alabama Marijuana Commission Over License Loss Chicago-based Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) on Monday followed through with its threat to sue Alabama marijuana regulators, after a state commission voided a medical cannabis […]

Debra BorchardtAugust 22, 2023

At the heart of the issue is an escrow fund worth $28.5 million.

Debra BorchardtAugust 7, 2023

Year-to-date cannabis stock performance has lagged other sectors.

StaffAugust 2, 2023

The Daily Hit is a recap of the top financial news stories for Aug. 2, 2023. On The Site Unlicensed Cannabis Sales Overrun State’s Legal Program, Strangling Tax Revenue Legal cannabis sales and tax revenues in New York are at a fraction thus far of what was originally projected, due in large part to the […]

Adam JacksonAugust 2, 2023

The company now anticipates its total net sales to fall by approximately 10-11% this year.

Debra BorchardtMay 12, 2023