How Scotts Miracle-Gro's Weed Business Went Up in Smoke

from The Journal. · host The Wall Street Journal & Spotify Studios

Over a decade ago, home gardening giant Scotts Miracle-Gro made a bold push for growth in a nascent and controversial industry: cannabis. What was once the company’s lucrative bet is now a struggling business. WSJ’s Dean Seal explains how Scotts Miracle-Gro ventured into marijuana and why their early bet has shriveled up. Oyin Adedoyin hosts. Further Listening: How the 'Napa Valley of Cannabis' Dried Up The Highs and Lows of Diversifying the Cannabis Industry The Drug You’ve Never Heard of Wreaking Havoc Across Europe Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

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This episode was published on August 25, 2025.

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