Business
Vireo Growth Inc. Announces Update on Non-Binding Memorandum of Understanding to Acquire The Hawthorne Gardening Company from ScottsMiracle-Gro
Planned share-based transaction is expected to be completed during the second quarter of 2026 Vireo plans to appoint ScottsMiracle-Gro EVP Chris Hagedorn to its Board of Directors MINNEAPOLIS, March 30, 2026 (GLOBE NEWSWIRE) -- Vireo Growth Inc. (CSE: VREO; OTCQX: VREOF) (“Vireo” or the “Company”) today announced an update on its previously announced nonbinding Memorandum of Understanding (“MOU”) with The Scotts Miracle-Gro Company (“ScottsMiracle-Gro”) to acquire The Hawthorne Gardening Company
About this update from Vireo Growth Inc
[{"type":"image","alt":"Vireo Growth Inc.","displaySize":"","headline":null,"caption":"Vireo Growth Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":130,"url":"https://media.zenfs.com/en/globenewswire.com/e9ac63f691ebe4f43846df7f4e7f62a4"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/8hd62Cz68LSI.xzCFhN27Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE4Mg--/https://media.zenfs.com/en/globenewswire.com/e9ac63f691ebe4f43846df7f4e7f62a4","width":300,"height":130}},"lazy":false},{"type":"table","headerItems":[],"items":[{"val":[{"style":"max-width:100%;width:100%;min-width:100%;text-align:center;vertical-align:middle;padding-left:0;padding-right:0;vertical-align:bottom;","val":[{"type":"text","content":"Planned share-based transaction is expected to be completed during the second quarter of 2026","length":93,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"text-align:center;vertical-align:middle;padding-left:0;padding-right:0;vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"text-align:center;vertical-align:middle;padding-left:0;padding-right:0;vertical-align:bottom;","val":[{"type":"text","content":"Vireo plans to appoint ScottsMiracle-Gro EVP Chris Hagedorn to its Board of Directors","length":85,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"text-align:center;vertical-align:middle;padding-left:0;padding-right:0;vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]}],"length":184},{"type":"text","content":"MINNEAPOLIS, March 30, 2026 (GLOBE NEWSWIRE) -- Vireo Growth Inc. (CSE: VREO; OTCQX: VREOF) (“Vireo” or the “Company”) today announced an update on its previously announced nonbinding Memorandum of Understanding (“MOU”) with The Scotts Miracle-Gro Company (“ScottsMiracle-Gro”) to acquire The Hawthorne Gardening Company LLC (including certain of its subsidiaries, “Hawthorne”), an operating subsidiary of ScottsMiracle-Gro and leading provider of nutrients, lighting and other materials used for indoor and hydroponic gardening in North America (the “Hawthorne Transaction”).","length":576,"tagName":"p"},{"type":"text","content":"The Hawthorne Transaction could close any time following five (5) business days following the date of this announcement, subject to the conditions described below. Th...