Araverus Team|Wednesday, January 28, 2026 at 11:00 AM
Araverus Team
Jan 28, 2026 · 11:00 AM
Business Divestment · Cannabis Industry · Scotts Miracle-Gro
Scotts Miracle-Gro has signed a deal to sell its cannabis-supply business, Hawthorne Gardening, to Vireo Growth, marking a significant withdrawal from the marijuana industry.
Lands’ End agreed to form a joint venture with brand management and acquisition company WHP Global in a deal that will provide the apparel company with $300 million in cash.
The company has been working through a major restructuring that includes a large-scale divestment program to free up funds and shore up its coffers.
