The marijuana movement has been prominently progressing, starting from the bottom in the U.S. with overhauling disapproval.

It has climbed successful milestone steps making medical cannabis legal in various states, decriminalizing cannabis possession laws in states (some states have both medical and decriminalization laws) and others have completely legalized cannabis with means to tax and regulate sales in 2014.

On May 20, 2013, the state of Colorado became the world’s first legally regulated market for cannabis for adults. Washington was soon to follow, and efforts to legalize the plant are continuing. This just occurred in 2013, so this groundbreaking accomplishment is still very new and recent. Cannabis-related stocks, as well as stocks that will be beneficiaries of complete legalization, are ideal to keep an eye on.

The Necessary Cannabis Stock

MedBox (OTC: MDBX) are medicine dispensing prescription vending machines that have grossed $8 million dollars since it began business in 2010. The sophisticated system that is convenient in assisted living facilities, hospitals and doctor’s offices, has a $366.33 million market cap—making it the largest company of its kind.

At 26.75 – 27.80 in the latest training day, MedBox is a leader in providing consulting services and patented systems to both medical and retail industries. Medbox is a good investment, they are continuously showing growth, and revenues increased 20 percent from same period last year, from $1.455 million to a record $1.749 million.

Opportunistic Cannabis Stocks to Watch

AGCO Corporation (NYSE: AGCO) is a global leader in the industry, manufacturing and distributing the best agricultural machinery. AGCO is appealing for commercial farms to keep up with demand if legalization continues to spread. Since the end of April ACGO has opened with numbers above 50.00. Yesterday’s open was 52.74 and the close was at 52.02. Consistencies in the past months make this stock entertaining, intriguing, and very promising.

Home Depot (NYSE: HD) carries a large variety of hydroponic systems, which are used widely amongst growers, as well as smokers who will set out to purchase lighting and irrigation units for their permissible supplies. Aside to cannabis progression expectations, Home Depot stands alone as a safe investment. The stocks forecasted at 92.00 high and 72.00 low. In the last twelve months the numbers have climbed to a day range of 73.02 – 74.69. Earnings growth for the next five years is +16.10 percent.

Rentech Nitrogen Partners (NYSE: RNF) is a popular fertilizer company that will be of great importance to providing the right nutrients for growing plants. At the moment Rentech Nitrogen Partners are at a low, opening at 28.16, to jump in now is to speculate, all the more reason to be patient and watch as the cannabis movement progresses; Rentech’s numbers are sure to incline as well. Keep in mind that Rentech had an earnings growth last year at +135.59 percent.

CVR Partners (NYSE: UAN) alongside to Rentech Nitrogen Partners CVR is a prominent producer of nitrogen-based fertilizers. Earnings growth this year for CVR Partners isn’t bad at +26.58 percent. Earnings growth in the next five years is estimated at +12.00 percent.

Amazon.com (NASDAQ: AMZN) is the world’s largest online retailer. They’ve had success in selling cannabis related products like “Nutiva hempseed oil.” Hempseed oil has made Amazon best seller rank in three categories, placing in the top 100. The categories are Oils, vitamins and supplements, and oils, vinegars, and salad dressings. As of today Amazon is a great stock, opening at 274.57 in its extremely positive year. Earnings growth this year for Amazon.com is at +1,469.70 percent.

Summary

Companies such as Medical Marijuana (OTC: MJNA) and Cannabis Science (OTC: CBIS) are directly focused on marijuana and should be prime targets for investments. Cannabis Science Inc. strives on cannabinoid-based therapies for the treatment of autism, cancer and attempts to treat HIV. Medical Marijuana makes cannabinoid based products while servicing the successful hemp market.

There are eighteen states that have laws legal medical marijuana states and six states pending legislation. That is 25 percent to 48 percent of the U.S that opens up great stock investments for cannabis stocks.