Weekly Marijuana Stock News: Scotts Miracle-Gro's Weed-Fueled Growth

Despite the often disappointing performances of cannabis companies, production and sales figures for the green stuff are rising at very healthy rates. Last week, Statistics Canada updated its data about the contribution of various sectors to that country's gross domestic product (GDP). You can probably guess which young industry saw a notably steep rise.

As if to hammer home the point, one high-profile North American marijuana stock reported quarterly figures that were nicely boosted by what's effectively its cannabis business unit. Let's take a closer look at both developments.

Image source: Getty Images.

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Source Fool.com