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Stock impact report

Better Marijuana Stock: Scotts Miracle-Gro vs. Auxly Cannabis [The Motley Fool]

Scotts Miracle-Gro Company (The) (SMG) 
Last scotts miracle-gro company (the) earnings: 1/29 07:00 am Check Earnings Report
Company Research Source: The Motley Fool
Better Marijuana Stock: Scotts Miracle-Gro vs. Auxly Cannabis If you're interested in marijuana stocks but prefer to take the road less traveled, Scotts Miracle-Gro ( NYSE:SMG Auxly Cannabis NASDAQOTH:CBWTF Scotts has clearly been the bigger winner so far this year. But which of these stocks is the better pick for long-term investors? Here's how Scotts Miracle-Gro and Auxly Cannabis compare. Image source: Getty Images. The case for Scotts Miracle-Gro Scotts Miracle-Gro earns its designation as a marijuana stock thanks to the company's Hawthorne Gardening subsidiary. Hawthorne ranks as the top supplier of hydroponic gardening products to the U.S. cannabis industry. In Scotts' fiscal 09 first quarter, this business contributed 7% of the company's total revenue. The great news for Scotts Miracle-Gro's Hawthorne subsidiary is that the U.S. legal marijuana market is still in its very early stages. Sure, states have legalized medical cannabis and 0 of those states have also legalized recre Show less Read more
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