Not every public company in the sector are involved in the cultivation and distribution of cannabinoid based products. There are a number of different companies involved in selling ancillary goods that help cultivators thrive. The following is a CCT 150 collection of the top public companies involved in the agtech cannabis and industrial hemp industries.
5) Grow Life, Inc. (OTCQB: PHOT)
Market Cap: $56.52M
GrowLife, Inc. is a nationally recognized cultivation brand, providing world-class hydroponic equipment, lighting, nutrients, media, and other cultivation supplies to commercial and urban operations. With a complete selection of cultivation products combined with logistics and distribution services, GrowLife can help responsible cultivation operations efficiently control supply costs, manage build-out investments, track supply usage and streamline workflows.
4) Grow Generation Corp (OTCQX: GRWG)
Market Cap: $110.4M
GrowGeneration Corp. owns and operates specialty retail hydroponic and organic gardening stores. Currently, GrowGen has 17 stores, which includes 9 locations in Colorado, 4 in California, 2 in Nevada, 1 in Washington, and 1 in Rhode Island. GrowGen carries and sells thousands of products, including organic nutrients and soils, advanced lighting technology and state of the art hydroponic equipment to be used indoors and outdoors by commercial and home growers.
3) Village Farms International Inc. (TSX: VVF)
Market Cap: $249.39M
Village Farms International, Inc. is one of the largest and longest-operating vertically integrated greenhouse growers in North America and the only publicly traded greenhouse produce company in Canada. With more than 750 years of accumulated master grower experience coupled with advanced proprietary technology and environmentally sustainable growing practices, Village Farms is highly resource efficient. Village Farms produces and distributes fresh, premium-quality produce with consistency 365-days a year to national grocers in the U.S. and Canadafrom its large-scale Controlled Environment Agriculture greenhouses in British Columbia and Texas, as well as from its partner greenhouses in BC, Ontario and Mexico.
2) SMART Cannabis Corp. (OTC: SCNA)
Market Cap: $402.4M
Smart Cannabis is a public equity corporation advancing the agriculture and cannabis industries and growing through acquisition, strategic alliances, and proprietary intellectual property. The company’s wholly owned subsidiary, Next Generation Farming Inc., provides turnkey, automated, commercial greenhouses systems that efficiently improve yields and decrease water consumption for cultivators of organic food and cannabis crops.
1) Scotts Miracle-Gro Company (NYSE: SMG)
Market Cap: $4.73B
The Scotts Miracle-Gro Company is the world’s largest marketer of branded consumer products for lawn and garden care. The Company’s brands are among the most recognized in the industry. The Company’s Scotts®, Miracle-Gro® and Ortho® brands are market-leading in their categories, as is the consumer Roundup® brand, which is marketed in the U.S. and certain other countries by Scotts and owned by Monsanto. The Company’s wholly-owned subsidiary, The Hawthorne Gardening Company, is a leading provider of nutrients, lighting and other materials used in the hydroponic growing segment.