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The Scotts Miracle-Gro Company is an American multinational corporation headquartered in Marysville, Ohio, where O.M. Scott began selling lawn seed in 1868. [2] The company manufactures and sells consumer lawn, garden and pest control products, as well as soilless indoor gardening equipment. [ 3 ]
According to Forbes, Scotts had invested more than $250 million in the subsidiary by mid 2016. [5] In March 2018, the Hawthorne Gardening Company and The Flowr Corporation (a Canadian Licensed Producer of medical cannabis) announced an R&D partnership, building North America's first dedicated facility for cannabis research and development.
In 1995, the company merged with Scotts for $200 million in stock, creating the world's largest maker of lawn and garden products, and making Hagedorn the majority investor with 42% of the company and 3 of 11 board seats. [1] [5] Hagedorn's son Jim became CEO and chairman of the merged company. [6] His father retired from Miracle-Gro in 1997. [7]
Shares of the lawn care specialist got a boost after a better-than-expected earnings report.
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Scotts LawnService was a subdivision of the Scotts Miracle-Gro Company, an American multinational corporation headquartered in Marysville, Ohio. It was founded with the acquisition of Emerald Green Lawn Care in 1998 and was merged into TruGreen in 2016.
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