The Hawthorne Collective, a beloved player in the cannabis industry, has recently made a bold move by transferring ownership to a strategic partner. But don’t worry, this isn’t the end of their journey – it’s just the beginning of a new chapter.
In exchange for their beloved company, the Collective received an interest-bearing promissory note. This financial arrangement not only secures their future, but also allows them to maintain a connection to the ever-growing cannabis industry.
But why the transfer, you may ask? Well, it’s all about simplifying things. By distancing themselves from the operational complexities and regulatory uncertainties associated with direct ownership, the Collective can focus on what they do best – providing top-notch products and services to their loyal customers.
And who is this mysterious strategic partner, you may wonder? None other than Scotts Miracle-Gro, a household name in the gardening and lawn care world. With their expertise and resources, the Collective is sure to reach new heights and continue to thrive in the cannabis market.
So fear not, fellow hipsters and cannabis enthusiasts, for the Hawthorne Collective may have a new owner, but their passion and dedication to the industry remains as strong as ever. Let’s raise a joint to this exciting new partnership and see where it takes us.
