3 Ways to Profit From the Marijuana Boom Without Buying Pot Stocks [The Motley Fool]
Scotts Miracle-Gro Company (The) (SMG)
Last scotts miracle-gro company (the) earnings: 1/29 07:00 am
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Source: The Motley Fool
Mark Twain famously said, "During the gold rush, it's a good time to be in the pick and shovel business." He meant that the real, consistent money in such boom times was made by the ancillary businesses that supported the gold rush.Back then, companies such as Levi's jeans and real estate speculators profited greatly from the gold rush. Today, in the boom of cannabis sales,Scotts Miracle-Gro(NYSE:SMGGrow GenerationNASDAQ:GRWGInnovative Industrial PropertiesNYSE:IIPRAll three stocks have something over the typical marijuana company -- positive net income and stability. They provide opportunities to invest in marijuana with less risk.Image source: Getty Images.. Scotts Miracle-Gro sows the seeds for financial survivalMost people may be familiar with Scotts for its consumer lawn and garden products, but through its subsidiary, the Hawthorne Gardening Company, it is one of the leading producers of hydroponic and indoor growing products necessary to the marijuana industry. In the first qua
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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