3 Things You Need to Know About Marijuana Stock Scotts Miracle-Gro
You might think The Scotts Miracle-Gro Company (NYSE: SMG) would be a boring stock in a boring business. After all, lawn and garden care usually doesn't generate a lot of buzz among investors. However, 2016 was one of the best times ever to own Scotts Miracle-Gro stock. Shares soared nearly 50%. Granted, 2017 has been a yawner for the most part for Scotts stock. Although its share price dropped by more than 10% earlier this summer, Scotts stock is now up slightly year to date.
Still, though, the company has attracted a lot more attention recently for one reason: the rapid rise of the U.S. marijuana industry. Scotts Miracle-Gro has become one of the most intriguing "marijuana stocks" on the market. Here are three things you need to know about the company.
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Source: Fool.com
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