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Three Companies Capitalizing On Cannabis Right Now

|Includes: mCig, Inc. (MCIG), MJNA, PHOT

One thing 2013 has taught cannabis investors is that not all pot stocks are the same. At 420 Investor, one of our goals is to separate the proverbial flower from the stem as we identify the companies that have potential and get prepared for new entrants that show promise while avoiding those companies that will likely never succeed. As we enter the final few months of the year and begin to think about 2014, there are two big trends that I think will be important, including the rollout of legalization in CO and WA as well as the rapidly growing awareness of the potential of cannabidiol ('CBD'). As I look at the current universe that I am tracking, three names jump out as being the most leveraged to these trends.

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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.