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Potential RIV Capital merger gives Scotts Miracle-Gro renewed optimism

The Scotts Miracle-Gro Co. (NYSE: SMG) reported signs of improvement in its struggling cannabis-focused Hawthorne business unit, as restructuring efforts and a possible merger provide reasons for optimism, according to management. On the company’s earnings call Wednesday, CEO Jim Hagedorn told investors that while the firm recently partnered with BFG …