Scotts Miracle-Gro Buys Sunlight to Double Cannabis-Grower Sales

  • Sunlight Supply to be acquired by Scotts for $450 million

  • Deal for hydroponics supplier is company’s largest ever

Scotts Miracle-Gro Co. agreed to acquire the top U.S. distributor of hydroponics products for $450 million in cash and stock, a transaction that will more than double its sales to cannabis growers.

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