Numerous announcements came from the marijuana industry on April 20, 2017, which is known as the official "pot holiday."
And some of the announcements could mean big things for select marijuana stocks.
That's why today, we want to make sure our readers are all caught up on the latest pot stock news and cannabis companies to watch.
The first marijuana stock on our watch list today is MassRoots Inc. (OTCMKTS: MSRT).
As members of our free Profit Alerts service know, we've been watching MSRT since November 2016. MassRoots is a social networking company that allows marijuana enthusiasts to connect.
As of March 20, MSRT has more than 1 million registered users, according to a company press release.
And we're continuing to watch this marijuana stock because of a new partnership with Whoopi Goldberg and Maya Elisabeth (an award-winning edibles maker). The duo's company, Whoopi and Maya, was launched in 2016, according to MarijuanaStocks.com.
Its offerings include an herbal medical cannabis product designed to provide relief for women with menstrual cramps.
MassRoots didn't provide specifics on the partnership in its April 20 announcement. But Goldberg said she is excited to work with the marijuana social media site to get the word out about her cannabis products.
Which States Will Legalize Marijuana Next?
Another big announcement on April 20 was from Future Farm Technologies Inc. (OTCMKTS: FFRMF).
The lighting and fixtures company said it sold out of its Scorpion LED COB Grow Lights. The company also passed Interetek's ETL certification process, which is proof of product compliance to North American safety standards.
The safety standard now approves the Scorpion line of indoor grow lights for retail sale across North America.
Trending: Should I Buy a Marijuana ETF?
And as more U.S. states legalize marijuana, the market for LED lighting is going to be huge...
As a whole, the LED lighting market was worth $30 billion in 2016. According to the company's website, the global LED agricultural grow light market will be worth $1.8 billion by 2021.
While those two stocks are both worth watching this week, this third stock is our top marijuana stock to watch now.
That's because this company is bringing CBD (a cannabis compound) to an industry expected to be worth $47.20 billion by 2020...
Watch This Marijuana Stock Right Now
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On April 19, Endexx Corp. (OTCMKTS: EDXC) announced that its cannabidiol-infused (CBD) gourmet tea beverages are available for purchase.
The company is also shipping to pre-order customers now, and the first batch of the tea produced over 28,000 tea bags.
"Our CBD-infused Chai is primarily a wellness product that contains only the finest tea and herb ingredients and provides our customers with an enhanced tea experience. Although there is still a lot of education to be done on the health benefits of CBD, it has been proven to alleviate inflammation, muscle spasms, anxiety, epileptic seizures, and pain," Endexx CEO Todd Davis said in the April 19 press release.
You see, this crossover play allows the company to reach two huge markets: tea and cannabis.
According to a Transparency Market Research report, the global tea market is expected to be valued at $47.20 billion by the end of 2020. Meanwhile, legal marijuana sales in North America are projected to reach over $20 billion by 2020.
And because of the skyrocketing growth of the cannabis sector, investors have been asking us for a comprehensive guide on the marijuana industry and marijuana stocks.
That's why Money Morning Director of Technology & Venture Capital Research Michael A. Robinson has created the "bible of weed investing" for Money Morning readers.
Who Is Marijuana Stock Guru Michael Robinson?
Michael is one of our most prominent and respected investing "gurus" here at Money Map Press - and for good reason. He is one of the top financial analysts working today. Make no mistake: Michael's ideas are completely his own. He's a true original. He works solely for Money Map Press... and receives absolutely no compensation from companies he writes about.
His book "Overdrawn: The Bailout of American Savings" was a prescient look at the anatomy of the nation's S&L crisis, long before the word "bailout" became part of our daily lexicon. He's a Pulitzer Prize-nominated writer and reporter, lauded by the Columbia Journalism Review for his aggressive style.
Michael's 30-year track record as a leading tech analyst has garnered him rave reviews, too.
As editor of the financial newsletter American Wealth Underground, Michael amassed an amazing track record using rigorous investing. The first analyst to uncover the rare earth mineral crisis, he amassed cumulative gains of 990% for his readers in just 16 months.
His research is world class, too. The Oakland Tribune, Detroit News, The San Francisco Examiner, The Kansas City Times, Wealth Magazine, and American Banker all publish his reporting. He has appeared on Larry King's syndicated radio show.
Robinson has an honors economics degree from the University of Missouri at Columbia with a minor in journalism.
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.
Normally valued at $499, it can be yours absolutely free. To learn how to get your free copy, click here.
This offer is only available to the first 500 people who respond today. So please go here now to reserve your copy.