Scotts Miracle-Gro aims to break up with Hawthorne as growth prospects dim

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Scotts Miracle-Gro Co.’s (NYSE: SMG) leadership team is finally unified behind plans to separate its Hawthorne cannabis unit, with first steps possible within the next couple months, executives announced during a Wednesday earnings call.

The decision is a reversal for CEO Jim Hagedorn, who previously defended keeping the now-profitable division within…

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