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Scotts Miracle-Gro cuts Hawthorne sales outlook, unlikely to meet guidance

Mar. 08, 2022 10:34 AM ETThe Scotts Miracle-Gro Company (SMG) StockBy: Carl Surran, SA News Editor

Cannabis leaves and stems are grown hydroponically in garden. Beds of hemp, marijuana in a legal garden.

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Scotts Miracle-Gro (SMG -7.2%) shares plunge to their lowest in nearly two years after cutting full-year sales guidance for its Hawthorne segment and saying the reduction likely will lead to lower than expected FY

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