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5 Marijuana Penny Stocks to Watch as Legalization Gains Steam

The news for marijuana penny stocks can't get much better.

Over the last two weeks, national and state governments in North America have dealt a wave of final blows to marijuana prohibition, paving the way for full legalization – and tremendous profits.

On Oct. 31, Mexico's Supreme Court struck down the nation's marijuana prohibition law, deeming it incompatible with Mexican law. Shortly afterwards, Mexico's incoming government announced plans to pursue full legalization.

Less than a week later, three American states took huge leaps toward full legalization during the midterm elections. Both Missouri and Utah voted to allow medical marijuana use while Michigan voted for full recreational legalization.

marijuana industry

3 Marijuana Penny Stocks to Watch This Week

Today (Oct. 17), Canada fully legalized recreational marijuana, creating a tremendous opportunity in marijuana penny stocks.

You see, marijuana stocks are one of the most popular assets on the market this year.

In a recent report, Bloomberg established marijuana stocks have beat gold, Bitcoin, and the market as a whole in performance this year.

And marijuana penny stocks have even greater profit opportunity since they're on the cusp of the explosive cannabis industry.

stocks

Five Marijuana Penny Stocks You Need to Watch Right Now - One Could Gain 360%

According to Bloomberg, marijuana stocks have outperformed gold, Bitcoin, and the broader market as a whole during 2018.

As marijuana stock evaluations continue to soar, we're using marijuana penny stocks to get you on the ground floor of the cannabis revolution.

You see, marijuana penny stocks allow us to chase triple-digit returns often generated by marijuana stocks with very little up-front investment.