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Some Of The Best Performing Stocks In The Cannabis Sector Don’t Even Touch The Plant

In 2018, the Canadian cannabis market reached peak valuations and since then the industry has been under considerable pressure. Although most cannabis companies have been under pressure, there are a handful that have executed on previously announced initiatives and are considered to be industry leaders.= One of the most interesting…

3 Cannabis Price Target Upgrades Investors Need To Know

Earnings season has started to heat up and US cannabis companies have been in focus. In this article, we are not referring to multi-state operators (MSOs) but companies like GW Pharmaceuticals (GWPH), Innovative Industrial Properties, Inc. (IIPR), and the Scotts Miracle-Gro Company (SMG). In regards to GW, IIPR and Scotts,…

3 Cannabis Stocks We Were Right On From The Beginning

During the last decade, the legal cannabis industry has made incredible advancements as countries across the globe have legalized or decriminalized the plant. In the US, several of the largest states have legalized cannabis while it remains illegal at the federal level and this has made the investing process more…

Scotts Miracle-Gro Continues To Outperform and Grow Like A Weed

Earlier this week, Scotts Miracle-Gro (SMG) released third quarter financial results that came in well above Wall Street estimates the business reported continued strength from both its US Consumer and Hawthorne segments. The outperformance of these two divisions resulted in Scotts reporting a 28% increase in sales growth and a 22%…

ScottsMiracle-Gro Announces Third Quarter Financial Results, Increased Fiscal 2020 Guidance and Approval of Special Dividend

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 the continued strength of both its U.S. Consumer and Hawthorne segments led to 28 percent company-wide sales growth and a 22 percent improvement in non-GAAP adjusted…

5 Cannabis Stocks That Should Outperform Their Peers In The Back Half Of 2020

2020 has not lived up to expectations for the global cannabis industry and much of the blame can be attributed to COVID-19. Going forward, we believe that the industry is poised to record growth as lockdown orders start to get lifted in provinces across Canada and in the European Union…

Investors Should Be Paying Attention To This Overlooked Ancillary Cannabis Stock

Although the market tends to focus on the leading cannabis producers and retailers in the US and Canada, the ancillary side of the business represents a burgeoning opportunity, and this is a vertical that tends to get overlooked. Earlier this week, The Scotts Miracle-Gro Company (SMG) reported an important development and raised…

We Found A Bullish Easter Egg For The Cannabis Sector Hidden In Scotts Miracle-Gro’s Earnings

Earlier this week, The Scotts Miracle-Gro Company (NYSE: SMG) reported strong second quarter financial results and this is a trend that our readers need to be aware of. Through its Hawthorne subsidiary, the leading marketer of branded consumer lawn and garden products is levered to the cannabis industry through the development and…

ScottsMiracle-Gro Announces Second Quarter Results Driven by Strong Growth in Both Major Reporting Segments

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 company-wide sales increased 16 percent in its fiscal second quarter driven by strong volume growth in both major business segments. For the quarter ended March 28, 2020,…

5 Price Target Changes Cannabis Investors Need To Know

One of the most impactful trends that we have been following in the cannabis sector is related to the activity at the broker-dealer level. When an analyst changes their rating or price target on a company, the market responds, and we find this to be significant. 2020 has already proven…

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