Miracle grow is getting into the marijuana farming

rsx2009

Well-Known Member
thats awesome hopefully it will be somewhat decent compared to what they have now. would be a lot easier for me just to go to walmart
 

roidrage152

Active Member
If I read the article correctly, it looks like they are planning to buy out and brand under an existing company. What I hope it will do it put a ton of money behind research and development, and put a comparable or superior product out there at a lower price, that has the right nutes for Cannabis. I doubt this product will be available at Walmart, but will hopefully put nutrient prices more in line with what it actually costs to make the stuff. Once they break in, then there will be also a ton of money available for marketing. When you finally see the stuff on the market, you might not even know its from Scott's. I have actually been hoping for something like this, but who knows, it is all marketing and they will have the budget to crush anyone else in the market if they wanted. They may choose to sell their product as a more expensive premium alternative, or use multiple brands to reach multiple markets. I guess this kind of also goes against one of my fears as well though, that growing will become legal enough that Costco will open a grow operation that puts all of us out of business.
 

Nepaljam x Oaxaca

Active Member
i use it with great results. I use 36-6-6 and 15-30-15 at between 1.25 and 2.5 ml per gallon. I filter it thru a series of coffie filters to eliminate any residue and i dont have any problems.
 

Nepaljam x Oaxaca

Active Member
Some miracle grow products contain FERRIC SODIUM EDTA, a plant growth inhibitor. so read the label on the back and pay attention towhat your feeding your plants. When using miracle grow products it is importantto monitor and maintain a PH of 7.0 to ensure your plants do not become lockedout. To prevent nute burn, always monitor ppm and try to keep it below 300.
 

SCARHOLE

Well-Known Member
Etda is in there to stabilize ph....

I hope hey buy up Advanced nutrition!!!

I been using MG soil for MJ for years.
The Rest of the world uses MG for everything.
 

Nepaljam x Oaxaca

Active Member
Etda is in there to stabilize ph....

I hope hey buy up Advanced nutrition!!!

I been using MG soil for MJ for years.
The Rest of the world uses MG for everything.
oh thats great stable ph. i was pointing out that some miracle grow products contain chemicals that preserve existing foliage but stop the growth of new leaves. ferric sodium edta will make your plants stop growing...
 

Nepaljam x Oaxaca

Active Member
High Hopes at Miracle-Gro in Medical Marijuana Field .

By DANA MATTIOLI

Scotts Miracle-Gro Co. has long sold weed killer. Now, it's hoping to help people grow killer weed.

In an unlikely move for the head of a major company, Scotts Chief Executive Jim Hagedorn said he is exploring targeting medical marijuana as well as other niches to help boost sales at his lawn and garden company.

"I want to target the pot market," Mr. Hagedorn said in an interview. "There's no good reason we haven't."

Sales at Scotts rose 5% last year to $2.9 billion. But the Marysville, Ohio, company relies on sales at three key retailers—Home Depot Inc., Lowe's Cos. and Wal-Mart Stores Inc.—for nearly two-thirds of its revenue.

With consumers still cautious about spending, the retailers aren't building new stores as quickly as they used to, making growth for suppliers like Scotts harder to come by. Against that backdrop, Mr. Hagedorn has pushed his regional sales presidents to look for smaller pockets of growth, such as the marijuana market, that together could produce a noticeable bump in sales.

Sixteen states have legalized medical marijuana, the largest being California and Colorado. The market will reach $1.7 billion in sales this year, according to a report by See Change Strategy LLC, an information data services company.

While the report focuses on revenue from growers and dispensaries, Kris Lotlikar, president of See Change, said the market for companies selling hydroponic equipment and professional services is also thriving.

"We see very good growth for these types of companies as the medical-marijuana business grows," he said.

Altered States

Top US markets for medical marijuana, forecast 2011 sales

California: $1.3 billion
Colorado: $244 million
Michigan: $53 million
Montana: $44 million
Washington: $29 million

Marijuana use remains illegal under federal law, but federal raids on medical dispensaries have eased since President Obama took office. And while major public companies haven't openly targeted the market, in recent months medical-marijuana companies have sought money from venture capitalists and signaled future IPOs.

Centennial Seed Co., a Boulder, Colo., medical-cannabis seed seller, is seeking $500,000 through a private offering. General Cannabis Inc., whose stock trades on the Pink Sheets, supports the medical-marijuana market with financial and Internet services.

Journal Community

The 55-year-old Mr. Hagedorn isn't a typical suit-wearing CEO. A former F-16 fighter pilot, he flies his Cessna to and from meetings in Port Washington, N.Y., where he grew up, and the company's headquarters in Ohio, much to the chagrin of his board. He also peppers his language with swear words and military references, and he showed up at the office on a recent June day in jeans and sneakers.

Mr. Hagedorn took over Miracle-Gro from his father, who co-founded the company. The idea to merge with Scotts dawned on him after he looked at the company's market value in 1995, he said, so he called his father's tax lawyer to vet the idea. "I said, 'Bob, I got this f— crazy idea. Do you think it'd be f— possible to take over Scotts?'" he recalls, sitting in the Port Washington office that his father once occupied.

Scotts Miracle-Gro CEO Jim Hagedorn discusses how the company is trying to balance eco-friendly and natural products against its traditional lawn care line. Wendy Bounds reports.

Mr. Hagedorn is serious about sales growth, no matter how small. On a recent trip to a Farmingdale, N.Y., Home Depot, he saw a customer having a difficult time choosing soil. "C'mon, go help him out," he told Mike Carbonara, Scotts' president for the Northeast. A few minutes later, the customer was walking away with a bag of Miracle-Gro. Over the next half hour, Mr. Carbonara influenced three more sales.

Targeting marijuana isn't the only way Mr. Hagedorn is pursuing growth outside the national chains. Scotts is also looking to sell more through grocery stores.

And the company is recultivating its ties to independent lawn-and-garden-store owners, including offering them exclusive products. Mr. Hagedorn strained those ties with a 2009 speech in which he criticized the owners for not doing enough to promote Scotts products, prompting many owners to walk out.

"I don't give speeches to independents anymore," he said.

To target marijuana growers, Scotts would likely buy niche dirt companies that already exist rather than create its own line of branded products.

Raids on pot-growing operations have turned up Scotts products. Mr. Hagedorn takes that as a good sign of brand awareness, but he fears that some growers would be reluctant to use a mainstream product.

Rollitup.org, a website geared toward the marijuana-growing community, has several forums that debate Miracle-Gro's effectiveness. A user with the moniker Weedqueen12 wrote: "i think [Miracle-Gro] works well." Another user, dannyboy602, countered that Miracle-Gro causes pot plants to "burn and stress."

In the past, Scotts wouldn't have considered pursuing businesses or product lines that generated less than $10 million a year in revenue. But, Mr. Hagedorn said, "We can't operate our business like that anymore."

Write to Dana Mattioli at [email protected]
 

Dtoad420

Active Member
Wow i cant believe the market changed soo much in the last 5 years...5 years ago a comment like that would shut down Mircle gro...now that everyone is smoking ppl are just like "Fuck it" lol....i hate MG prodicts but props for scotts to acknowledge the market lol
 

LETS BAZE

Well-Known Member
maybeone day they will make that soil for mj were all u have to do is feed water the whole grow. now that will be impressive
 

ismokealotofpot

New Member
Some miracle grow products contain FERRIC SODIUM EDTA, a plant growth inhibitor. so read the label on the back and pay attention towhat your feeding your plants. When using miracle grow products it is importantto monitor and maintain a PH of 7.0 to ensure your plants do not become lockedout. To prevent nute burn, always monitor ppm and try to keep it below 300.
300 is real low I use 1/2 teaspoon per gallon of h2o exactly what they recommend and have no burn. If I use half strength then I get yellow leafs
 

Izoc666

Well-Known Member
Ive been using MG for several years with a great result. I will continue to use MG s organic soil, nutes, perlite and shagnum peat moss. I grow different kind of flowers, vegetable, herbs, and cannabis. Just use my botany sense to grow cannabis proper :D

666
 

Relaxed

Well-Known Member
This company has a monoply on soil and many other products in the garden center at both homedepot and Lowes. slow sales at those garden centers requires a company of that size to look at new sales prospects. I'd rather support a smaller independent company specializing in the bus. Not sure who owns fox farm but dont be surprised at a buyout to get into the bus. We need competition not monoply that reduces employees upon a slow season. fear any industry with one main player. seen it many times in retail. soft drinks and chips ex.
 

Nepaljam x Oaxaca

Active Member
This company has a monoply on soil and many other products in the garden center at both homedepot and Lowes. slow sales at those garden centers requires a company of that size to look at new sales prospects. I'd rather support a smaller independent company specializing in the bus. Not sure who owns fox farm but dont be surprised at a buyout to get into the bus. We need competition not monoply that reduces employees upon a slow season. fear any industry with one main player. seen it many times in retail. soft drinks and chips ex.

because they give us what we want..... despite what rui users say....
 
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