Scotts Miracle-Gro built a multi-billion dollar business by being a market leader across several categories of the lawn-and-garden industry. The problem? Those categories weren’t growing all that fast.
Tag Archives: General Hydroponics
After Scotts Miracle-Gro bought a hydroponic company, its stock price rose, and JP Morgan thinks it should be higher, according to an Aug. 4, 2016, article by CNN. The hydroponic company, General Hydroponics, makes liquids that can be used to grow marijuana indoors.
A subsidiary of fertilizer giant Scotts Miracle-Gro announced a deal Thursday to acquire General Hydroponics, a homegrown Sonoma County company that has become a major international supplier of liquid nutrients used to grow food, flowers and indoor marijuana.