Flickr/ Ken Teegardin / (CC BY-SA 2.0)
Investors looking for a play in the burgeoning legal U.S. marijuana industry are turning to a company known mainly for its lawn-care products.
After making big bets on pot, Scotts Miracle-Gro Co. has seen its shares soar 30 percent to a record this year as polls indicate California, Massachusetts, Maine, Nevada and Arizona are poised to approve referendums dramatically expanding legal U.S. cannabis use.
With approximately 1,000 homes having been converted for illegal residential cultivation, illegal Sacramento marijuana grows have become a public safety concern for California’s capital city.
On Aug. 22, 2017, Oregon Gov. Kate Brown issued a response to a letter sent by U.S. Attorney General Jeff Sessions that criticized that state’s cannabis policies aimed at regulating recreational marijuana.
On Aug. 21, 2017, a member of Michigan’s Medical Marijuana Licensing Board introduced a proposal that would effectively shut down all Michigan medical marijuana dispensaries.
