SMG Stock Recent News

The cannabis industry specifically in the USA is still facing an uphill battle. There are many parts to this battle the main focus being better laws and regulations. Right now Florida is fighting for recreational cannabis along with the last several states soon to vote on cannabis legislation and decriminalizing the plant. The growth and acceptance of legal cannabis have come a long way.

To connect more children to gardens, The Scotts Miracle-Gro Foundation opened its 2025 GroMoreGood Grassroots Grant with national nonprofit KidsGardening.

MARYSVILLE, Ohio, Jan. 15, 2025 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, will release its first quarter financial results on Wednesday, January 29, 2025, prior to the opening of the U.S. financial markets. The Company will host a video presentation via webcast at 9:00 a.m. ET to discuss those results. The webcast will be followed by an audio question-and-answer session.

The cannabis industry continues to grow in prominence as legalization efforts expand across the United States. Ancillary cannabis companies, which support the sector without directly touching the plant, are becoming pivotal in driving this growth. These companies often manufacture essential products like lighting, irrigation systems, and other equipment critical for cannabis cultivation. In 2025, they stand at the forefront of a transformative era, fueled by advancing legislation and innovative technology.

The US cannabis industry is rapidly expanding, with sales projected to reach $45.8 billion by 2025. Ancillary cannabis companies, which provide essential products and services to the industry, are crucial to this growth. These companies support everything from cultivation to packaging, helping marijuana businesses thrive. Recently, headlines have been buzzing about potential federal legalization, as several bills have been introduced in Congress. If passed, these could accelerate industry expansion and lead to even greater investment opportunities. With the market's future looking bright, it's essential to keep an eye on key ancillary stocks this week.

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SAN DIEGO , Sept. 30, 2024 /PRNewswire/ -- The Shareholders Foundation, Inc. announces that a lawsuit was filed by a NYSE: SMG investor against certain directors of Scotts Miracle-Gro Company.

The US cannabis industry is growing at a rapid pace, with sales expected to reach $52 billion by 2026. As more states move toward legalization, ancillary companies that provide essential products and services are also gaining traction. These companies, which do not directly handle cannabis but support its production, are vital to the industry's expansion. Recently, headlines have focused on discussions around federal legalization, sparking optimism for future growth. Investors looking to capitalize on this momentum should watch ancillary cannabis stocks, which often experience less regulatory risk than direct cannabis producers.

The Scotts Miracle-Gro Company's manufacturing facility in Fort Madison, Iowa, recently celebrated a Total Recordable Incident Rate of zero for 365 days.

NEW YORK , Sept. 6, 2024 /PRNewswire/ -- Moore Law, PLLC, a shareholder law firm located on Wall Street, is investigating potential claims against: The Scotts Miracle-Gro Company (NYSE: SMG) **Shareholders should email Fletcher@fmoorelaw.com The investigation concerns misrepresentations or omissions regarding Scotts' debt covenants.