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Scotts Miracle-Gro to hold onto Hawthorne as division returns to profitability

Hawthorne, the cannabis-focused division of Scotts Miracle-Gro’s (NYSE: SMG), brought game during the company’s fiscal third quarter, despite ongoing industry challenges. “Hawthorne is making money, posting its first profitable quarter in two years,” Jim Hagedorn, chairman and CEO of Scotts Miracle-Gro, told investors during an earnings call on Wednesday. “Its …