Scotts Miracle-Gro CEO Bets On the Marijuana Business is accepting qualified medical marijuana patients and caregivers to join our network. We value every registered member and we hope to serve you in Arizona. This article brought to you by 420 community friends

The CEO of Scotts Miracle-Gro – a provider of lawn and garden products dating to the 19th century – wants to invest half a billion dollars in the marijuana industry.

“It’s the biggest thing I’ve seen in lawn and garden,” CEO Jim Hagedorn told Forbes. His plan: “Invest, like, half a billion dollars.”

Scotts Miracle-Gro sells grass seed, fertilizers, pesticides and dirt.

Hagedorn already has started wagering on the cannabis industry. Last year, he invested $135 million in two California businesses that sell fertilizer, soil and other gardening accessories to cannabis cultivators.

More recently he spent $120 million on a

Scotts Miracle-Gro CEO Bets On the Marijuana Business is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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