The Company Behind Miracle-Gro Is Seeing Surging Sales Thanks to Pot Growers
Scotts Miracle-Gro Co. rose the most in a decade after its Roundup herbicide and marijuana-supplies business rebounded from sales slumps, boosting earnings above expectations. Increased advertising to help counter the negative publicity generated by concerns about Roundup’s safety contributed to a 20 percent rise in quarterly sales of the weedkiller, Chief Executive Officer Jim Hagedorn…