Vireo May Acquire Hawthorne from Scotts Miracle-Gro

*MINNEAPOLIS* — 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 provider of nutrients, lighting, and
other materials to indoor and hydroponic cannabis growers.

Details of the proposed transaction were not released, although Scotts
Chairman and Chief Executive Officer Jim Hagedorn referred to the
transaction as “an equity participation arrangement with Vireo” in prepared
remarks.