CMH is far and away the best grow light out right now and here's why.
I like many others ran old school HID for many years and after a few years I started hearing LED this LED that, LED, LED, LED, so I finally switched and went with a 3000K Quantum Board and after testing it over several grows I hated it, my plants were never healthy, they got deficiencies all the time and even though the yield was impressive I just got tired of looking at unhealthy plants.
With CMH there is no try hard, your plants are beautiful all the time, they are healthy, vibrant because you get the true full spectrum of the sun, and deficiencies are a thing of the past because the plant metabolizes nutrients better, the only way you are going to get a deficiency is if you are just totally fucking up hard, and at that point you better start reading or get some help from an experienced grower.
CMH is as close as you can get to the full spectrum of the sun and it's natural light with the only exception being LEP which is insanely expensive with extreme energy consumption and isn't a stand alone light.
LED isn't ready, it's close but it just not ready, and until it is CMH is the best option there is.