Forward-thinking investors are watching marijuana stocks today because the industry is booming.
In 2016, marijuana sales in North America were $6.7 billion. And that's just the start of how big the marijuana industry can get...
By 2020, analysts project marijuana sales in North America could top $20 billion. That's an increase of 198% in just four years.
And with 60% of Americans now supporting marijuana legalization, it's only a matter of time before more states legalize cannabis and send marijuana sales skyrocketing.
That's why these five marijuana stocks are on our watch list for 2017...
Top Marijuana Stocks to Watch Today No. 5: Terra Tech Corp.
Terra Tech Corp. (OTCMKTS: TRTC) is an agricultural company that cultivates and sells medical-grade marijuana and other related products.
The company has both greenhouse growing systems and marijuana dispensaries.
Terra Tech designed its dispensaries on the "Starbucks" model, where customers can expect the same look and feel in each store, no matter its location.
It also has a wholly owned subsidiary called Edible Garden, which sells in major retailers like Kroger, Winn-Dixie, and Wal-Mart Stores Inc. (NYSE: WMT).
Over the last 52 weeks, the TRTC stock price has traded between $0.14 per share and $0.75 per share.
Top Marijuana Stocks to Watch Today No. 4: Canopy Growth Corp.
Canopy Growth Corp. (OTCMKTS: TWMJF) is a producer and retailer of medical marijuana in Canada.
BRILLIANT: Average Americans Are Becoming Marijuana Millionaires
Canopy Growth has the largest marijuana growth greenhouse in the world, Tweed Farms.
Tweed Farms boasts more than 350,000 square feet of marijuana production space. Canopy growth also just completed an acquisition of pharmaceutical distributor MedCann and Mettrum Health Corp. to expand its production acreage.
So far in 2017, the TWMJF stock price is up 42.08%.
And the stock price for one of the next three stocks we're about to share has already climbed over 189% in the last six months...
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Top Marijuana Stocks to Watch Today No. 3: Kush Bottles Inc.
Kush Bottles Inc. (OTCMKTS: KSHB) entered the marijuana industry through packaging products.
Kush Bottles aims to be the "gold standard" for responsible packaging and rebranding in the marijuana industry.
Kush also makes pop-top bottles, child-resistant containers, tubes, foil barrier bags, and containers for farmers and greenhouse growers.
So far in 2017, the KSHB stock price is up over 2%.
Top Marijuana Stocks to Watch Today No. 2: Next Generation Management
Next Generation Management Corp. (OTCMKTS: NGMC) was founded in 1980 and is based in Annandale, Va.
It's a top consulting firm for marijuana-based businesses.
Next Generation helps companies plan site locations, staffing, and manager training, and provides financial advice.
Next Generation also operates a medical marijuana dispensary in Hollywood, Calif.
Over the last six months, the NGMC stock price has climbed over 34%.
Top Marijuana Stocks to Watch No. 1: Medical Marijuana Inc.
Medical Marijuana Inc. (OTCMKTS: MJNA) sells pure CBD hemp oil, gum, and capsules.
Medical Marijuana Inc. also prides itself on being a company of "firsts."
MJNA was the first publicly traded cannabis company in the United States in 2009, and the first to deliver cannabis brands across U.S. state lines and international borders in 2012.
It was also the first company to introduce legal medical cannabis products to Brazil in 2015, as well as the first company to bring medical cannabis products to Mexico in 2016.
Over the last six months, the MJNA stock price has climbed over 189%.
Bonus Opportunity
The vote across America for marijuana legalization is expected to create one of the biggest wealth grabs in history, transforming everyday Americans into millionaires overnight.
Already, eight states have legalized recreational marijuana.
And as a service to Money Morning readers, we're now making available a 90-page cannabis investing guide called The Roadmap to Marijuana Millions.
This "bible of weed investing" reveals the world's top marijuana stocks every serious investor should consider right now.
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