Yes, if you think that cannabis legalization is coming soon to the U.S.
News & Analysis: Scotts Miracle-Gro
SMG earnings call for the period ending March 31, 2021.
The company's consumer lawn and garden and cannabis-related businesses continue to deliver solid growth.
The company's Hawthorne hydroponics unit has significantly more upside than its consumer lawn-and-garden business.
They are relatively safe businesses with plenty of growth opportunities.
These stocks are growing with no end to their momentum in sight.
Money is flowing into these companies' coffers, but their share prices haven't quite caught up to their prospects.
They sell the tools that the marijuana industry needs.
These profitable companies offer a safe way to gain exposure to the fast-evolving cannabis sector.
Both of these sideways plays on the future of cannabis could give your portfolio a very pleasant high.