Cannabis Capitalist: Scotts Miracle-Gro CEO Bets Big On Pot Growers

Strapped into the pilot’s seat of his private jet, Scotts Miracle-Gro CEO Jim Hagedorn thrusts the throttle forward and hurtles down the runway, a typical start to the day for the former F-16 fighter pilot, who commutes 500 miles from his home on Long Island, N.Y. to his office outside Columbus, Ohio. For an hour and a half every morning and every afternoon, Hagedorn sits behind the control stick of his plane, pushes the seat back and lets his mind run wild.

His latest idea: “Invest, like, half a billion in the pot business,” he yells over the roar of two engines powering his camouflaged Cessna Citation. “It is the biggest thing I’ve ever seen in lawn and garden.”

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