# 1868 Ventures 1868 Ventures is a Venture Capital based in Marysville, United States. ## Overview - **Organization type:** Venture Capital - **Headquarters:** Marysville, United States - **Region:** North America - **Address:** Marysville, United States - **Founded:** 1868 - **Assets under management:** Undisclosed - **Website:** scottsmiraclegro.com - **LinkedIn:** https://www.linkedin.com/company/scottsmiraclegro ## Regulatory record - **Reports private funds:** No ## About Explore Scotts Miracle-Gro expert solutions to grow a healthy lawn and thriving garden. Find tips, products, and guidance for fertilizing, planting, and controlling weeds and pests effectively. ## Questions ### Does 1868 Ventures invest directly in cannabis cultivation or retail operations? No. 1868 Ventures avoids direct investments in plant-touching cannabis businesses because its parent company is listed on the New York Stock Exchange and operates under US federal law. Its portfolio focuses on ancillary products and services — hydroponic equipment, grow lighting, nutrients, testing labs, and compliance software — that support the cannabis supply chain without handling the plant itself. ### What types of investment instruments does 1868 Ventures use? 1868 Ventures has historically deployed capital through a mix of minority equity stakes, convertible debt, and structured financings. For example, the firm provided a convertible loan facility to RIV Capital, a cannabis-focused investment company, allowing for principal-plus-interest repayment or future equity conversion. This flexible instrument set reflects a corporate venture approach that balances growth exposure with downside protection — a feature less common among traditional VC limited partnerships. ### What caused the name '1868 Ventures' — and does that reflect a separate legal entity? The name references the founding year of The Scotts Miracle-Gro Company, not an independent investment firm. While '1868 Ventures' functions as a brand for the corporate venture strategy, most known investments have been executed through Hawthorne Gardening or the Hawthorne Collective, both wholly owned subsidiaries of Scotts Miracle-Gro. This layering of brands under one corporate parent can obscure the precise legal entity writing each check — something allocators evaluating the platform should trace through SEC filings on a deal-by-deal basis. ### What is the scale of capital deployed by 1868 Ventures? Scotts Miracle-Gro has not publicly broken out a dedicated AUM figure for 1868 Ventures. Public filings indicate that the parent company invested several hundred million dollars into the cannabis space through 2021, primarily via M&A for Hawthorne rather than purely through 1868 Ventures' minority-position portfolio. Without a separate fund vehicle or regulatory requirement to report a discrete pool size, the arm's total deployed capital and current fair value remain undisclosed. ## Related profiles - [1855 Capital](https://altss.com/profile/1855-capital) - [186 Ventures](https://altss.com/profile/186-ventures) --- Last updated: 2026-06-03T20:00:00.000Z Canonical page: https://altss.com/profile/1868-ventures Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology