SMG - SCTTS MIRACLE-GR （）

Scotts Miracle-Gro (SMG) is scheduled to announce FQ2 earnings results on Wednesday, May 3rd, before market open.The consensus EPS Estimate is $3.47 and the consensus Revenue Estimate…

Stifel Nicolaus upgraded shares of Scotts Miracle-Gro (NYSE:SMG – Get Rating) from a hold rating to a buy rating in a report published on Monday morning, The Fly reports. The brokerage currently has $80.00 target price on the basic materials company’s stock, up from their previous target price of $65.00. SMG has been the topic […]

https://www.investing.com/news/stock-market-news/stifel-upgrades-scotts-miraclegro-on-stronger-margin-expectations-432SI-3069367

Scotts Miracle-Gro (SMG) was upgraded to Buy from a previous investment rating of Hold by analysts at Stifel

https://www.investing.com/news/pro/scotts-miraclegro-comp-receives-investment-bank-analyst-rating-update-3068632

The company that keeps your lawn green is also heavily invested in the cannabis industry and is pushing for an end to federal restrictions that prevent marijuana businesses from accessing banking services.

The Daily Hit is a recap of the top financial news stories for February 8, 2023. On the Site Scotts Miracle Gro Sues TerrAscend, Jason Wild Over Etain Acquisition The acquisition of New York medical cannabis operator Etain by Riv Capital is entering another messy chapter. Scotts Miracle-Gro (NYSE: SMG), owner of the hydroponic company Hawthorne, has filed a lawsuit against Jason Wild and TerrAscend (OTC: TRSSF) claiming they ruined its $175 million investment. Read more here. Washington State Cannabis Residency Requirement Upheld by Federal Court In a break from a national trend, a federal judge in Washington state upheld the state’s residency requirement for cannabis business ownership and ruled that the U.S. Constitution’s dormant commerce clause doesn’t apply because marijuana is still federally illegal. Read more here. Biggest Cannabis Grower in Louisiana to Double Capacity Good Day Farm, which is a partner with Louisiana State University and one of only two cannabis farmers in the state, is increasing its canopy size by 40,000 square feet within an already immense 225,000-square-foot facility in the town of Ruston.

T he Hawthorne Gardening Company and Hawthorne Collective , subsidiaries of the Scotts Miracle-Gro Co (NYSE: SMG ), sued JW Asset Management, LLC, TerrAscend Corp (OTCQX: TRSSF ) and Jason Wild for violating U.S. antitrust law in their plan to take control of RIV Capital’s (OTCPK:CNPOF) board of directors, reported Reuters. The lawsuit states : “This is a case about defendants’ anticompetitive conduct designed to ruin plaintiffs’ $175 million investment in a budding cannabis business.” When Hawthorne invested $175 million in RIV Capital, it gained three seats on its board of directors. The investment helped fund Riv Capital’s acquisition … Full story available on Benzinga.com

The S&P Materials sector index closed the week +0.03%, and the Materials Select Sector SPDR ETF (XLB) +0.01%.Gold prices slipped in Thursday''s trading as the U.S

SMG earnings call for the period ending December 31, 2022.

The Scotts Miracle-Gro Company (NYSE:SMG) concluded the trading at $161.14 on Thursday, December 23 with a rise of 2.29% from its closing price on previous day. Taking a look at stock we notice that its last check on previous day was $157.53 and 5Y monthly beta was reading 1.11 with its price kept floating in … Analyst Updating Price Targets And Ratings For The Scotts Miracle-Gro Company (SMG) Read More »

MARYSVILLE, Ohio, Dec. 22, 2021 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG) today announced that it has commenced a registered exchange offer to exchange any and all of its $500,000,000 aggregate principal amount of 4.000% Senior Notes due 2031 which were issued in a private placement on March 17, 2021 (the Original Notes) for an equal principal amount of its 4.000% Senior Notes due 2031 which have been registered under the Securities Act of 1933, as amended (the Exchange Notes).

VANCOUVER, Wash., Dec. 22, 2021 (GLOBE NEWSWIRE) -- The Hawthorne Gardening Company, a wholly owned subsidiary of The Scotts Miracle-Gro Company, has announced the securing of multiple patents related to the design and functionality of the Gavita CT 1930e LED light.

This week, Wells Fargo analyst Chris Carey initiated coverage of four cannabis stocks, helping to rekindle interest in the space on Wall Street ahead of a possible year-end run. The research analyst targeted a handful of stocks including Scotts Miracle-Gro Co (NYSE:SMG) and Canopy Growth Corp. (Nasdaq:CGC) in his analysis. This comes as federal lawmakers [] The post Cannabis Stocks Find Fresh Life What to Do About It (OGI, SGMD, SNDL, TLRY, CGC, ACB, CRON, SMG) appeared first on Wall Street PR .

Stratos Wealth Partners LTD. cut its position in shares of The Scotts Miracle-Gro Company (NYSE:SMG) by 23.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,888 shares of the basic materials companys stock after selling 1,216 shares during the period. Stratos []