3 Marijuana Stocks To Watch For Long-Term Investors

Industry Overview - The cannabis industry has shown significant growth from 2018 to 2025, with many companies reporting solid results despite current market challenges [2][3] - The industry is evolving, with more states legalizing cannabis, providing opportunities for Multi-State Operators (MSOs) to enter new markets [2] Company Highlights - GrowGeneration Corp. operates retail hydroponic and organic gardening stores in the U.S. and will participate in the Benzinga Cannabis Capital Conference in June 2025 [4] - Hydrofarm Holdings Group, Inc. manufactures and distributes hydroponics equipment and supplies for controlled environment agriculture in the U.S. and Canada [6] - The Scotts Miracle-Gro Company reported a decrease in net sales to $40.5 million from $54.2 million, with a gross profit margin decrease to 17.0% from 20.2% [11] Financial Performance - The Scotts Miracle-Gro Company reported a net loss increase to $14.4 million compared to $12.6 million, with adjusted EBITDA of $(2.4) million compared to $0.3 million [11] - SG&A expenses decreased by 9.0%, and adjusted SG&A expenses decreased by 11.0% [11]