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Marijuana stock investors have been able to see better trading over the last several months. Much of this is due to speculation of what is to happen in the cannabis industry. Currently, more than 50% of America has legalized cannabis. Even though marijuana is still federally illegal states are reaching revenues in the billions. This is just the start as regulations and laws continue to shift as...
Scotts Miracle-Gro's shares have rallied 22% and exceeded expectations, indicating a potential turn in the business and increased market share. The company's operational update shows impressive sales growth despite difficult industry conditions, suggesting a durable recovery. SMG's balance sheet and debt reduction efforts are improving, positioning the company for future growth and upside surpr...
MARYSVILLE, Ohio, April 04, 2024 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the world's leading marketer of branded consumer lawn and garden as well as indoor and hydroponic growing products, today announced that it expects to achieve a second-quarter net leverage ratio around 7 times adjusted EBITDA. This will be below the Company's first-quarter net leverage ratio and its...
WESTERVILLE, Ohio, April 01, 2024 (GLOBE NEWSWIRE) -- Doodles and Digits and The Scotts Miracle-Gro Foundation announced a partnership to underwrite the television debut of the acclaimed "How It's Math" program on Public Television. Set to premiere this April in celebration of Mathematical Awareness Month, the show will explore the fascinating world of mathematics in different careers and indus...
In today's world of cannabis investing marijuana stocks could soon see less volatile trading. This possibility comes from a few future factors. For starters the reason there is currently a large amount of volatile trading is from lack of reform and better regulations. Even with all the growth and success some feel that the green rush is just a bubble soon to burst. At this time cannabis is stil...
Raymond James on Monday cut its rating on Scott's Miracle-Gro Co. to market perform from strong buy after a runup in its stock price has left the company at roughly fair-market value.
Move enables Hawthorne to bolster focus on innovation and investment in its proprietary Signature brands BFG's national distribution network and high-quality customer support model bring a new level of service for customers MARYSVILLE, Ohio, March 20, 2024 (GLOBE NEWSWIRE) -- The Hawthorne Gardening Company, a wholly-owned subsidiary of The Scotts Miracle-Gro Company, and BFG Supply, a leading ...
While it's difficult to say with confidence who will win out in the elections later this year, investors of cannabis stocks may have something to look forward to. Basically, the attention should turn not to a possible red or blue wave but rather a green one.
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