Scotts Miracle Gro Taps Out of the Cannabis Market – Dumps Cannabis Division for an Interest Bearing Promissory Note

The transfer of The Hawthorne Collective to a strategic partner was made in exchange for an interest-bearing promissory note. This financial arrangement allows Scotts Miracle-Gro to maintain a connection to the cannabis industry while distancing itself from the operational complexities and regulatory uncertainties associated with direct ownership.