Scotts Miracle-Gro’s Big Marijuana Plunge Exposes Industry Fault Lines

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By Omar Sacirbey

Scotts Miracle-Gro’s bold plans to bolster its presence in marijuana has divided industry professionals, the latest sign that Corporate America is poised to reshape cannabis.

Some see it as a promising development that will push the cannabis industry forward, while others fear it represents the start of the eventual corporatization of marijuana.

Many growers are also opposed to the company’s chemical-based products, saying they have no place in the marijuana industry.

The iconic lawn and garden company’s CEO, Jim Hagedorn, last week disclosed his desire to pump half a billion dollars into the cannabis sector.

His

Scotts Miracle-Gro’s Big Marijuana Plunge Exposes Industry Fault Lines is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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