Maryland Medical Marijuana Program Kicks Off as the State Enters the $6.7 Billion Cannabis Craze

After being legalized in 2014, the Maryland medical marijuana program is racing to stake its claim in the $6.7 billion legal North American industry.

Currently, only one dispensary has been licensed in Maryland, according to a Sept. 2, 2017, report by The Washington Post. But there are over 100 prospective dispensaries that have received preliminary licenses and have until December to have employees pass background checks and undergo final inspections.

marijuana stock newsAnd when Maryland does start selling medical marijuana, it will be a boon for the local economy. From sales and excise taxes on marijuana, NerdWallet.com projects the state government will net $40.5 million per year.

Fortunately, the state government won't be the only one that can cash in on marijuana...

Maryland Marijuana Shows Legalization Is More Than Just a Trend

In 2014, Maryland voted to legalize medical marijuana. Progress has been slow, but the demand has been huge for medical cannabis in Maryland.

Over 13,000 potential patients have signed up to purchase medical marijuana in Maryland, and over 428 healthcare providers have registered to certify potential patients, according to The Washington Post.

Medical marijuana in Maryland won't be sold until some point in 2018, but this demand is creating a $20 billion profit opportunity for Money Morning readers.

Special Report: Cannabis Is the Gold Rush of the 21st Century - 30 Stocks to Invest in Now. Details Here...

Legal cannabis sales in North America in 2016 totaled $6.7 billion. And thanks to states like Maryland legalizing medical cannabis, that number is expected to skyrocket to $20 billion by 2020.

That's a 198% increase in sales in just four years.

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These Four Events Will Make Marijuana Investors Rich

And after nine months of exhaustive research, we've found the best, most lucrative, and fastest-growing legal pot stocks in America.

They're all in our 89-page "bible of weed investing," The Roadmap to Marijuana Millions.

Here's how you can get in on the action and potentially turn a small stake into $100,000...

How to Cash In on Pot Stock Profits

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Money Morning Director of Technology & Venture Capital Research Michael Robinson is our renowned pot stock expert and one of our most prominent and respected investing "gurus" here at Money Map Press. And for good reason.

He's been a board member for a Silicon Valley venture capital firm and a senior advisor to 12 high-tech startups.

He's also a Pulitzer Prize-nominated writer and reporter, lauded by the Columbia Journalism Review for his aggressive style.

His research is world class, too. The Oakland TribuneDetroit NewsThe San Francisco Examiner, The Kansas City TimesWealth Magazine, and American Banker have all published his reporting. He's even appeared on Larry King's syndicated radio show and is a regular guest on CNBC's "The Rundown" and FOX Business Network's "Cavuto: Coast to Coast."

And he's focused on a new, earth-shattering government announcement could completely change the legalization of marijuana - forever. In fact, thanks to this historic legislation, tiny pot stocks trading for under $5 are getting set to double, triple, or quadruple.

In an exclusive interview with Money Morning, Michael shares all the good news - including details on five tiny weed stocks that could potentially turn a small stake into $100,000. Click here to continue.

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