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Top 2 Marijuana Stocks to Buy Right Now

In November 2016, population centers like California and Massachusetts followed suit, fully legalizing recreational marijuana. Arizona and New Jersey are now considering legalization in the upcoming November 2018 election.

With legalization sweeping across North America, it's clear that the budding cannabis industry is here to stay.

And that's great news for investors. Last year, legal marijuana sales in North America hit $10 billion. By 2021, the industry is expected to reach $24.5 billion. That's an incredible growth of over 145% in just four years.

Thanks to legalization movements sweeping over the United States and full legalization now imminent in Canada, we're bringing you the best marijuana stocks to buy right now…

Best Marijuana Stock to Buy, No. 2: GW Pharmaceuticals

GW Pharmaceuticals Plc. ADR (Nasdaq: GWPH) is an experimental drug company based in the United Kingdom.

GW recently had a significant breakthrough thanks to a drug approval granted by the U.S. Food and Drug Administration (FDA). Last month, the FDA signed off on Epidiolex, a cannabis-based drug developed by GW to treat two rare forms of aggressive epilepsy.

Renegade Investment Expert: "It's time to double down – or eventriple down – on your cannabis investments!" Read more…

The drug is based on a major compound found in cannabis, cannabidiol (CBD). CBD doesn't make people that take it feel high, unlike another cannabis compound, tetrahydrocannabinol (THC).

Each of the compounds reacts with human nervous system receptors. CBD is known to treat brain cancer, autism, opioid addiction, and Lou Gehrig's disease.

Money Morning Defense and Tech Specialist Michael A. Robinson believes that Epidiolex could bring in $1.7 billion in sales by 2026.

However, that's just the beginning.

According to Michael, CBD-based products are likely to constitute a $55.8 billion market by 2025.

Stores in legalized states abound with products based on or infused with CBD. These include hemp-oil capsules, gummies, coffees, massage oils and creams, vaping supplies… the list goes on and on.

Robinson forecasts a worldwide marijuana market of nearly $56 billion in 2025. He has found a Canada-based company that is poised to profit from cannabis oil. It's a company he has followed and recommended, and it continues to get even better.

Plus, the company uplisted in late May. That means its shares can now be purchased on the New York Stock Exchange as well as its original exchange, the Toronto Stock Exchange.

Listing on the larger NYSE will bring the shares a bigger audience, more liquidity, and greater growth potential.

Finally, our best marijuana stock just raised funds totaling $500 million, the largest sum ever raised for a marijuana company.

Here's our pick…

Best Marijuana Stock to Buy, No. 1: Canopy Growth Corp.

Canopy Growth Corp. (NYSE: CGC) is Canada's largest and fastest-growing cannabis company.

Over the last year, Canopy has heavily invested in cannabis-oil products. Because of its higher profit margins, cannabis oil has driven a 30% rise in company revenue and a 107% jump in cannabis oil sales overall.

This rapid rise in sales has driven Canopy to push its sales internationally, striking export agreements with Germany, Australia, Spain, Denmark, Jamaica, Chile, and Brazil.

Corporate investors have taken a keen interest in Canopy as it aggressively expands. Constellation Brands Inc. (NYSE: STZ) established a 9.9% stake in the company and is rumored to be considering an even larger investment.

Canopy has also raised a tremendous amount of capital from its public offerings. In June, the company raised $500 million Canadian through a convertible note offering – the largest ever in the cannabis market.

Access to this level of capital gives Canopy the resources to dominate the cannabis industry as it continues to expand.

In fact, Canopy is expected to expand beyond the cannabis industry as local and federal governments accept the medicinal properties of marijuana.

However, the company's real profit potential is in the 2018 midterm elections. These could open the floodgates to marijuana investment…

This $1.3 Million Profit Opportunity Is Unfolding at the Ballot Box

President Trump's recent earth-shattering announcement to support ending the federal ban on marijuana sent shockwaves throughout the legal cannabis industry.

And with a record 16 states voting on legalizing marijuana this November, it's clear that the industry is headed for historic heights.

Time and again, we've witnessed this pattern – marijuana legalization passes, pot stocks take off, and early investors have the chance to mint millions.

But this news has the potential to spark even bigger profits than what we've seen already… and could help you turn a small stake into a $1.3 million fortune.

Learn how here.