July 10, 2015

AeroGrow International getting $6M loan from Scotts

Boulder-based AeroGrow International Inc. (OTCBB: AERO), a manufacturer of dirtless gardening systems for the home, said it will obtain a $6 million loan from the Scotts Miracle-Gro Co., the Denver Business Journal reports.

 AeroGrow plans to use the money for general working capital to support anticipated growth as the company expands its retail and its direct-to-consumer sales channels and new product introductions.

Boulder-based AeroGrow International Inc. (OTCBB: AERO), a manufacturer of dirtless gardening systems for the home, said it will obtain a $6 million loan from the Scotts Miracle-Gro Co., the Denver Business Journal reports.

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 AeroGrow plans to use the money for general working capital to support anticipated growth as the company expands its retail and its direct-to-consumer sales channels and new product introductions.

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