3 Top Marijuana Stocks to Buy Without Hesitation

The recent ruling by the South Dakota Supreme Court that struck down a voter referendum approving legalized marijuana shows the difficult road ahead for cannabis stocks in dealing with state-by-state approvals. Alex Carchidi (Scotts Miracle-Gro): I'd be willing to buy a few shares of Scotts Miracle-Gro (NYSE: SMG) without hesitation because it's a highly diversified business that makes the gardening tools and plant nutrients that marijuana growers need to keep making money.