U.S. Markets close in 3 hrs 4 mins

Israeli Cannabis Company Signs Deal With Scotts Miracle-Gro Subsidiary

Javier Hasse

Hawthorne Gardening, a unit of Scotts Miracle-Gro Co (NYSE: SMG), and North America’s largest distributor of hydroponic products, is looking to expand its business internationally. Pursuing this objective, the company has signed an agreement with iCAN: Israel-Cannabis to help it infiltrate this growing industry.

Hawthorne’s products include almost everything a cannabis cultivator, from farmer to hobbyist, needs such as lighting, nutrients and hardware.

See Also: Mainstream Payroll Providers Are Dropping Cannabis Businesses: Who's To Blame?

"iCAN and Hawthorne is a natural fit," Saul Kaye, CEO and founder of iCAN told Benzinga. "Their first-in-class products can be beneficial to all cannabis growers. iCAN’s international reach will enable growers around the world, particularly in Africa, to develop a relationship with Hawthorne."

Image by Javier Hasse.


See more from Benzinga

© 2019 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.