Breakingviews - Cannabis will take China tech’s path to propriety [Reuters]
Scotts Miracle-Gro Company (The) (SMG)
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Source: Reuters
Breakingviews - Cannabis will take China tech’s path to propriety | Reuters 3 Min Read NEW YORK (Reuters Breakingviews) - America’s cannabis growers will follow an unusual path to propriety. The subversive industry is feared by the establishment, with investors reliant on legal loopholes. Yet these companies are starting out much like China’s tech giants did. In the same fashion, as they create jobs and wealth, appetite for reining them in will wane. The budding sector is already a lesson in loopholes. Thirty-two states have legalized marijuana’s medical use even though it remains strictly taboo on a national level. Federal authorities look the other way so long as producers stick to their home turf and list their shares abroad — usually in Canada, where recreational pot is legal and three companies have achieved 10-digit market capitalizations. Conventional outfits like MedMen and Scotts Miracle-Gro are getting in on the action even though doing business across state lines is forbidd
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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