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SMG / Scotts Miracle-Gro-backed RIV Capital buying New York cannabis company Etain

Scotts Miracle-Gro-backed RIV Capital buying New York cannabis company Etain
The Scotts Miracle-Gro Co. SMG, -1.38% -backed RIV Capital Inc. RIV, -5.45% CNPOF, -3.03% said Wednesday it agreed to pay about $247 million to acquire Etain LLC and Etain IP LLC, the New York cannabis market's only women-owned and operated business and one of 10 approved vertically integrated operators in the state. RIV Capital is backed by $150 million in debt from The Hawthorne Collective Inc., the cannabis unit of Scotts Miracle-Gro. Read More
Posted: Mar 31 2022, 07:53
Author Name: Market Watch
Views: 102151

SMG News  

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By Market Watch
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By GlobeNewsWire
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By Zacks Investment Research
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By The Motley Fool
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Scotts continues to struggle following the pandemic boom. The company cut its guidance across the board in spite of progress in its cost-savings progr more_horizontal

Scotts Miracle Gro stock drop sharply after cannabis grow equipment Hawthorne unit weighs on profit

By Market Watch
August 2, 2023

Scotts Miracle Gro stock drop sharply after cannabis grow equipment Hawthorne unit weighs on profit

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Is the Options Market Predicting a Spike in Scotts MiracleGro (SMG) Stock?

By Zacks Investment Research
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