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Scotts Miracle-Gro Co SMG

The Scotts Miracle-Gro Company is a manufacturer and marketer of branded consumer products for lawn and garden care. The Company's segments include United States (U.S.) Consumer, Hawthorne and Other. The U.S. Consumer segment consists of its consumer lawn and garden business in the United States. Its consumer lawn and garden brands include Scotts and Turf Builder lawn fertilizer and Scotts grass seed products; Miracle-Gro soil, plant food and gardening products; Ortho herbicide and pesticide products, and Tomcat rodent control and animal repellent products. The Hawthorne segment manufactures, markets and distributes lighting, nutrients, growing media, growing environments and hardware products for indoor and hydroponic gardening in North America. Its brands include General Hydroponics, Gavita, Botanicare, Agrolux, Gro Pro, Mother Earth, Grower's Edge, HydroLogic Purification System and Cyco. The Other segment primarily consists of its consumer lawn and garden business in Canada.


NYSE:SMG - Post by User

Bullboard Posts
Post by puffdragon699on Jun 01, 2017 9:21pm
148 Views
Post# 26314493

Scotts Miracle-Gro homing in on ‘big vision’ for hydroponics

Scotts Miracle-Gro homing in on ‘big vision’ for hydroponicshttps://www.thecannabist.co/2017/05/02/scotts-miracle-gro-hawthorne-cannabis-hydroponics-earnings-call/78747/

Very smart.Very smart indeed to be switching from their traditional business model to one that will benefit massively from the explosive growth in the MJ sector.I expect them to expand into world-wide markets as more countries legalize MJ.

The attraction of this company as an MJ investment ,over other MJ companies ,is that they already have huge revenues  and their sp is not grossly overvalued in comparison to their revenues. Horizon has included SMG in their Marijuana ETF with almost a 10% weighting,more weighting than some of Canada's largest MJ companies!!!!

With so many companies and individuals rushing into MJ cultivation,both commercially and home-growers,hydroponics is going to be in huge demand,demand that will increase as more US states legalize,Canada legalizes next year and more countries move to legalize.

This could be the "Amazon" of hydroponic companies as they shift their focus more and more into this arena !

My opinion.Do your own due dilligence.


Bullboard Posts