SMG

Scotts Miracle-Gro Company

Marijuana Stocks

Here's the Top Marijuana Penny Stock to Watch for December 2017 (and One Pot Stock to Buy)

Our top marijuana penny stock to watch for December is one of the best performers for the year and still has upside ahead of it.

However, investors must be aware that marijuana penny stocks are risky. Penny stocks are extremely volatile and should only be purchased by investors with a strong risk tolerances.

For investors who are interested in offsetting the risk of penny stocks, we'll also reveal a safer marijuana stock to buy. It's perfectly positioned to profit from the estimated $24 billion in hydroponics equipment sales next year.

But first, let's look at one of November's top performers...

Marijuana Industry

This Cannabis-Friendly Cloud Just Grew 93%

The legal cannabis sector is no longer the "Wild West"-style marketplace it was back in, say, 2013, but there's still plenty of volatility compared with the placid broader markets.

Then again, that's why the right pot stocks reward forward-thinking investors with triple- and quadruple-digit gains. In fact, there's a bevy of micro- and small-cap companies, any one of which could be the next mega-cap blockbuster – the long-sought-after "Starbucks of weed" or "Facebook of pot."

My Nova-X Report's Roadmap to Marijuana Millions model portfolio is chock full of those kinds of stocks. Right now my paid-up members are sitting on gains of 915%… 520.6%… 442.7%… and five more triple-digit winners.

But I don't want to leave anyone with the impression that the only way to make a killing on pot stocks is to buy small, volatile companies. The gains from my Scotts Miracle-Gro and GW Pharmaceuticals recommendations prove that just isn't the case.

Then there's the company I want to tell you about today.

It isn't likely to quadruple your money quickly, but you'll likely smash the market with double- and even triple-digit gains, and it pays a dividend that puts you way out ahead of inflation and low interest rates, too.

What's more, all kinds of small legal cannabis companies are beating a path to its door for help with a very tricky problem...