SMG · The Scotts Miracle-Gro Company
Lawn & garden giant whose Hawthorne hydroponics arm is its cannabis-cultivation proxy
Risiko 6/10 · ELEVATED · ancillary · $73.10 ▲ 4.64%
Kennzahlen
- Price $73.10
- Market cap $4.3B
- P/E (ttm) 21.01
- Div yield 3.78%
- 52-wk range $52.00 – $75.34
Wichtigste Risiken
- Hawthorne (hydroponics) demand collapse cyclicality (shareholders) — HIGH
- High debt / leverage (shareholders) — HIGH
- Core lawn & garden seasonality & weather (shareholders) — MED
- Indirect, diluted cannabis upside (thesis) — MED
Fazit
The most diversified and least-prohibition-exposed way to touch cannabis, but the cannabis upside is small and the Hawthorne swings are real.
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