One of the Best Marijuana Penny Stocks Has 375% Upside

2020 will be a big year for cannabis stocks. In fact, one of our best marijuana penny stocks to buy could earn you 375% in the next 12 months.

This is going to be a huge industry, and it's just getting started. The legal cannabis market in 2018 was $10.8 billion. But the National Institute for Cannabis Investors estimates the industry will hit $2.6 trillion in annual sales over the next nine years.

That's a whopping 23,148% growth potential.

The tides are shifting in the United States right now. As many as nine states could have ballot measures legalizing either medical or recreational marijuana come election season in November. And we're going to watch cannabis stock moves all year as state governments, celebrities, and politicians give their endorsements.

For the first time in history, marijuana has become a central topic in presidential debates. Six of the eight top Democratic primary candidates are in favor of legalizing marijuana - criticizing opponents Joe Biden and Michael Bloomberg for their position to "let the states decide."

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But this is more than political; it's cultural. Especially on the medicinal side, professional athletes far and wide have voiced their support for CBD. It's a non-psychoactive hemp product, which athletes have favored for pain relief and performance. These include skateboarder Ryan Sheckler, golfer Bubba Watson, former NBA All-Star Paul Pierce, and former NFL All-Pro Rob Gronkowski.

If none of that hits home, even the Girl Scouts are in on marijuana's growing popularity. On Feb. 9, a Girl Scout troop was seen selling cookies outside of a dispensary in Chicago.

This could all push the federal government to eventually legalize cannabis nationwide. And it's a big reason our top cannabis penny stock today is poised for 375% growth.

Here's why you should look into penny stocks, specifically, during this time.

Why Invest in Marijuana Penny Stocks?

Because penny stocks trade for under $5 per share, they tend to make bigger moves in response to market events.

Of course, that can make investing in penny stocks a bit risky if you don't know how they'll react in a certain situation.

But with changing policy and cultural attitudes toward cannabis, marijuana penny stocks are almost certain to soar this year.

And this cannabis penny stock will pop the most as a result.

Here's your 375% growth stock for 2020...

The Best Marijuana Penny Stock Right Now

[mmpazkzone name="in-story" network="9794" site="307044" id="137008" type="4"]CV Sciences Inc. (OTCMKTS: CSVI) was a CBD company that benefited directly from the 2018 Farm Bill.

The bill allowed cannabis to cross state lines. After it was passed, CV Sciences launched its PlusCBD oil product. And within the first three months of 2019, PlusCBD oil went to 3,300 stores.

This company's total revenue has jumped 183% since 2017, from $20 million to $58 million. And it's continuing to profit as it expands.

In its last quarterly report, the company said its total retail distribution had expanded to 5,400 stores as of December 2019. That was a 63% increase from only a few months before.

It also announced a partnership with the Vitamin Shoppe, which would add 515 locations.

Clearly, this company is going to be one of the prominent brands as hemp products become more commonplace. And you can buy its stock for just $0.79 today.

The average analyst gives it a 12-month target of $3.80 - so get it before it soars 375%.

Action to Take: Marijuana penny stocks are being fueled by a nationwide acceptance of cannabis and cannabis-related products. And CV Sciences Inc. (OTCMKTS: CSVI) is already leading the charge. You can buy it for $0.79 today for 375% profit potential later in the year.

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Even if you don't know anything about investing... even if you've never put a cent into the stock market... you can perfectly position yourself to strike it rich in cannabis - and we're going to show you how. We're laying it all out for you in black and white in "The 2020 Pot Profits Roadmap." This is one book you're actually going to want to stay up all night reading. Find out how to get your hands on it now.

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