Canada is the most important cannabis market on the planet since they legalized it on a federal basis. However, the U.S. market is booming too, as states increasingly legalize cannabis for both medicinal and recreational use. This has led to an influx of money to the industry and the rise of organized businesses in place of corner dispensaries. Here are six cannabis companies that investors should keep an eye on.

Scotts Miracle-Grow

Scotts Miracle-Grow is a well-known lawn and garden products manufacturer. Their subsidiary Hawthorne Gardening is a major hydroponics company, and cannabis growers are a growing market for their products. Scotts Miracle-Grow is thus a safe investment opportunity for those who want to hold stock in a blue-chip company that is seeing significant profits from the cannabis industry without investing directly in that area. You’re literally investing in the “picks and shovels” side of the market, and you’ll profit from any home gardening boom, too. Continue reading →