Top Marijuana Stocks to Watch This Week (May 22)

Marijuana stocks in Canada are set to skyrocket this year thanks to Prime Minister Justin Trudeau. He introduced legislation on April 13 to legalize cannabis throughout Canada, and medical marijuana sales will be massive.

According to Statista, medical marijuana sales in Canada are expected to reach $233 million in 2017. By 2020, that could reach $739 million.

marijuana stocksThat's an increase of 217% in just three years.

And that's why we're watching Emblem Corp. (OTCMKTS: EMMBF) this week, a producer and seller of medical marijuana in Canada.

According to a May 18 MMJReporter.com report, roughly 2,100 patients have enrolled in Emblem's patient fulfillment site since the start of November 2016.

In November and December 2016, 206 patients had registered. By the end of Q1 2017, there were roughly 1,680 patients enrolled and 246 enrollments pending verification.

Video

Legalizing Marijuana in Canada

The rapid increase is due to the company's GrowWise Health unit. GrowWise provides comprehensive patient and physician educational programs on medical marijuana. For example, patient educators provide personalized guidance on cannabis strains, consumption guidelines, side effects and safety, and follow-up care.

For physicians, GrowWise provides assessment forms and protocols, a comprehensive follow-up care package, and a "best practice" checklist.

Trending: The Marijuana Industry Is Creating $500-a-Day Jobs

This creates an all-in-one service where patients can visit GrowWise, learn about the strains that will help their conditions, and then purchase medical marijuana through Emblem. And as marijuana becomes easier for doctors in Canada to prescribe and for patients to access, sales for companies like Emblem will boom.

However, it's not the only cannabis stock in Canada we're watching...

Because of the pot stock boom that's about to take place in Canada, Money Morning Director of Tech & Venture Capital Research Michael A. Robinson wanted our readers to know the best way to profit.

That's why, in an exclusive broadcast, he shared five tiny pot stocks that could potentially turn a small stake into $100,000...

Unstoppable Canadian Marijuana Stocks

[mmpazkzone name="in-story" network="9794" site="307044" id="137008" type="4"]

Before we share this profit opportunity, we want to make sure our readers know more about pot stock expert Michael A. 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 TribuneDetroit NewsThe San Francisco ExaminerThe Kansas City TimesWealth Magazine, and American Banker all publish his reporting. He has appeared on Larry King's syndicated radio show.

Michael has an honors economics degree from the University of Missouri at Columbia with a minor in journalism.

And in a time-sensitive audio briefing, pot stock expert Michael Robinson details five marijuana stocks that are best positioned to skyrocket upon legalization and how you can grab your stake in them. Click here to listen to the briefing...

Follow Money Morning on Facebook,Twitter, and LinkedIn.