Scotts Miracle-Gro Company, which manufactures products for lawn and garden care, is looking for a new industry to help increase sales. So it seems logical that Scotts would like a piece of the medical marijuana industry, which an information data services company claims will reach $1.7 billion in sales this year.
According to Scotts Chief Executive Jim Hagedorn, “I want to target the pot market … There’s no good reason we haven’t.”
Medical marijuana is a thriving industry at the moment and is capable of producing a bump in sales for the lawn care giant.
HIGH TIMES Senior Cultivation Editor Danny Danko believes growers are better off supporting their local grow shops and getting a trustworthy grow medium.
“I’m not a big fan of Miracle-Gro soil products for cannabis cultivation or otherwise,” said Danko. “The mixes typically contain time-release nutrients meant for ornamental flowers more so than consumables such as vegetables and fruits. The nutrients already mixed into the soil can also be too ‘hot’ for young plants, meaning they’re overfertilized and show signs of nutrient burn.
“Their (Miracle-Gro’s) ‘organic’ mix contains composted bark, sphagnum peat moss and pasteurized poultry litter, which isn’t really my preferred way to get nitrogen to my plants. On top of that, some Miracle-Gro products may contain metals such as lead, copper and zinc as well as arsenic. Some growers have reported fungus gnats coming from new bags.”
Danko added that, “it remains to be seen how Miracle-Gro handles a soil mix specifically targeted for medical cannabis growers.”
According to The Wall Street Journal, Scotts Miracle-Gro could end up acquiring pre-existing dirt companies instead of creating its own specifically branded products.