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Better Buy: Canopy Growth vs. Scotts Miracle-Gro


You can't lump all marijuana stocks into one category. There are pure-play stocks such as cannabis producers and ancillary providers that don't make or sell marijuana but are nonetheless important to the cannabis industry. Canopy Growth (NYSE: CGC) is a top example of the former category, while Scotts Miracle-Gro Company (NYSE: SMG) is a leading example of the latter.

These two stocks have gone in opposite directions so far in 2019. Canopy is down big year to date, but Scotts shares have skyrocketed. Which stock is the better pick for the future? Here's how Canopy Growth and Scotts Miracle-Gro compare.

Image source: Getty Images.

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Source Fool.com

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