Core Viewpoint - Vireo Growth Inc. has entered into a nonbinding Memorandum of Understanding with The Scotts Miracle-Gro Company to acquire The Hawthorne Gardening Company LLC, a leading provider of indoor and hydroponic gardening materials in North America, with the transaction expected to be completed in the first fiscal quarter of 2026 [2][4]. Company Overview - Vireo Growth Inc. was founded in 2014 as a pioneering medical cannabis company, focusing on building a disciplined and execution-oriented platform in the industry [5]. - The company emphasizes a long-term mindset, a bias for action, and a commitment to its customers, employees, shareholders, and communities [5]. Transaction Details - The proposed acquisition aims to deepen the relationship between Vireo and ScottsMiracle-Gro, with Chris Hagedorn, Executive Vice President of ScottsMiracle-Gro, expected to join Vireo's Board of Directors upon completion [3][4]. - Jim Hagedorn, Chairman and CEO of ScottsMiracle-Gro, stated that the transition to an equity participation arrangement with Vireo aligns with their interests and allows them to focus on their core business [4].