Joe Schreiner ’19 pitched Scotts Miracle-Gro (SMG) to the Student Managed Investment Fund (SMIF) on February 18, 2019. The Scotts Miracle-Gro Company was originally founded by O.M. Scott in 1868 as a premium seed company for the U.S. agriculture industry. The company grew from a leading lawn care business to an international marketer of industry-leading brands with a 1995 merger with Miracle-Gro. The company’s mission is to continually strengthen its position as the world’s leading marketer of branded products for lawn and garden while meeting profit and return on investment growth goals. Scotts Miracle-Gro sells some of the most recognizable consumer lawn and garden brands such as Scotts, Miracle-Gro, Nature’s Care, LiquaFeed, and Osmocote, Ortho, Home Defense, and Tomcat. Through its Hawthorne segment, SMG is a leading manufacturer, marketer, and distributor of hydroponics systems which are essential to the growing cannabis industry. Hydroponics provides a tremendous amount of growth potential, particularly once recreational adult use of cannabis becomes federally legal in the U.S. The company is also committed to returning cash to shareholders through a consistent, strong dividend, and share repurchases. The class voted to buy 200 shares of SMG.