Undoubtedly, a reversal in the federal government’s laxness on pot would be terrible news for marijuana stock investors, but not every last company would be decimated. One marijuana stock could still thrive, even with Jeff Sessions waving the metaphorical sword at the pot industry: Scotts Miracle-Gro.
In recent years, Scotts Miracle-Gro has been devoted more time and money to its subsidiary, Hawthorne Gardening Co.
Right now, Hawthorne Gardening Co. accounts for about 10% of Scotts’ total sales.
