Sales in the legal marijuana industry are skyrocketing, which is why we've created a list of the top money atlantic stocks to watch in 2017.
Medical sales in the United States could reach $3.1 billion in 2017. And as more states like California legalize recreational marijuana, the legal cannabis industry could generate $21.8 billion in total annual sales by 2020.
"At this point, it's impossible to know the full economic impact, but it's safe to say it will be in the billions," Money Morning Director of Technology & Venture Capital Research Michael A. Robinson said on Nov. 8.
But because marijuana is still illegal under federal law, and many of the marijuana stocks on the market are so volatile, this isn't a list of recommendations. Rather, it's a list of marijuana stocks we are watching closely in 2017.
Here's the first marijuana stock we have our eyes on…