Scotts Miracle-Gro: The Best Indirect Marijuana Play [Seeking Alpha]
Scotts Miracle-Gro Company (The) (SMG)
Last scotts miracle-gro company (the) earnings: 1/29 07:00 am
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Company Research
Source: Seeking Alpha
Summary Scotts Miracle Gro is a huge gardening company which has made a string of acquisitions to make it a leader in the hydroponics industry. This industry is essential to the growth of legal and high quality marijuana and as it grows its market share, we will see growth as it supplies the industry. The stock is less risky because it won't fall apart based on negative news or regulations as the portion geared towards marijuana comprises only 10% of sales. As the government sees the benefits of higher taxes and the New York Health Department's suggestion to legalize, it is likely they follow suit. There are many ways to invest in the potential marijuana boom. Many are plays for recreational marijuana which will boom if legalization goes as expected. Many are medical plays which are incredibly likely to be successful but the upside is smaller. The last is companies that happen to have a lot to gain from the marijuana industry but aren’t necessarily reliant upon it for suc
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SMG
News
- Global Organic Fertilizers Market Size To Exceed USD 19.5 Billion By 2033 | CAGR Of 7.01% [Yahoo! Finance]Yahoo! Finance
- The Scotts Miracle-Gro Company Announces Quarterly Dividend PaymentGlobeNewswire
- ScottsMiracle-Gro Partners with Central Ohio Beekeepers Association to Establish Apiary at Corporate Headquarters [Yahoo! Finance]Yahoo! Finance
- ScottsMiracle-Gro Partners with Central Ohio Beekeepers Association to Establish Apiary at Corporate HeadquartersGlobeNewswire
- ScottsMiracle-Gro Announces Timing of Second Quarter 2024 Financial Results and WebcastGlobeNewswire
SMG
Earnings
- 2/7/24 - Beat
SMG
Sec Filings
- 4/9/24 - Form 4
- 4/9/24 - Form 4
- 4/9/24 - Form 4
- SMG's page on the SEC website