Tell me your thoughts…
I personally am a bit shocked, although I suppose I shouldn’t be.
The skinny on the Monsanto-Scotts stuff…
Scotts-Miracle Gro open the subsidiary “Hawthorne Gardening Comapay” in October of 2014, and has been buying up all kinds of cannabis related companies ever since.
While many believe Monsanto and Scotts-Miracle Gro are the same, in reality they’re no more the same than comparing Coca-Cola and Walmart. Yes, they work together, yes, they’re both super conglomerate mega companies, yes they have contracts with each other, but ownership is completely different shareholders, and they have different people managing as chairmen. “Jim Hagedorn” is the CEO of Scotts-Miracle Gro, and “Hugh Grant” is the CEO of Monsanto.
Established in 1999, the Scotts-Monsanto contract is limited to “Roundup” & “Ortho” products, and only for US, UK, France, Canada, Germany, and Australia.
Both Monsanto and Scotts have there horrid business practices, but they are in fact two separate entities. Under the Hawthorne banner, Scotts owns all of these product lines:
Just a few days ago, the Scotts-Miracle Gro company announced the buyout of “Sunlight Supply Inc”. This is big news in the cannabis world. This means half of the hydro store retailers in the US are selling you products on behalf of the Scotts company through the wholesale supplier “Sunlight Supply”, even products they didn’t manufacture (ie Advanced, Biobizz, Bluelab, Hanna, Foxfarm, etc.). Scotts literally has their fingers everywhere.
Where do you think the future of cannabis will be?