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With marijuana law moving forward, it only makes sense that businesses are following suit. Here are 12 public companies to watch this year, as compiled by lexichronic.com. Maybe it’s finally time to figure out that whole stock market thing after all.

 12 Smart Cannabis Stocks to Watch in 2014

12 Smart Cannabis Stocks to Watch in 2014

By The Stoner's Cookbook

With marijuana law moving forward, it only makes sense that businesses are following in suit. Here are 12 public companies to watch this year, as compiled by lexichronic.com.

  • AVT, Inc. (AVTC)

    By The Stoner's Cookbook

    AVT has been in the business of making vending machines for the past 10 yrs & has expanded into verticals such as food & fashion. Cannabis-related vending seems to be the obvious next step.

  • Advanced Cannabis Solutions (CANN)

    By The Stoner's Cookbook

    Located in Colorado Springs, this company has been approved a major line of credit. This company builds and equips facilities to be rented to cannabis growers, an essential in the cannabis market. 

  • Cannabis Science, Inc. (CBIS)

    By The Stoner's Cookbook

    Cannabis Science lobbies for decriminalization of cannabis research. Working closely with the U.S. House of Representatives, Cannabis Science aims to make cannabis research available nationwide.

  • Cannavest (CANV)

    By The Stoner's Cookbook

    CannaVest has a strong focus on hemp-based products. The company is in the business of hemp and hemp-derived Cannabidiol (CBD), offering marketing, development, producing and selling.

  • Fusion Pharm (FSPM)

    By The Stoner's Cookbook

    FusionPharm provides specialty equipment, financing & consulting for the marijuana market. They help cultivation professionals produce cannabis seamlessly in a compact & efficient environment.

  • GW Pharmaceuticals (GWPRF)

    By The Stoner's Cookbook

    UK based maker of Sativex, GW focuses on research, development & commercialization of cannabinoid medication, to be used to treat neuropathic & cancer pain, as well as multiple sclerosis.

  • Hemp Inc. (HEMP)

    By The Stoner's Cookbook

    Hemp Inc. supplies services, products & information for those focused on the medical marijuana industry. They don't cultivate or market marijuana, but invest in marijuana-related companies.

  • mCig Inc. (MCIG)

    By The Stoner's Cookbook

    mCig produces e-ciagerettes, and is enviably positioned at the intersection of two major trends, nicotine smokers quitting and marijuana smokers being increasingly confident with openness.

  • Medbox, Inc. (MDBX)

    By The Stoner's Cookbook

    Medbox makes self-service, ID-verifying medicine dispensers. Currently, their product is behind counters, available only to dispensary employees due to security issues. 

  • Medical Marijuana Inc. (MJNA)

    By The Stoner's Cookbook

    Medical Marijuana Inc. strives to act as the tax collection & payment alternative for dispensaries, offering a stored value card to increase safety in dispensaries holding excessive cash.

  • Nuvilex (NVLX)

    By The Stoner's Cookbook

    International biotech compnay Nuvilex spearheads clinical-stage studies to develop better methods to identify, quantify & separate specific cannabis cells, which helps treat certain cancers.

  • Terra Tech (TRTC)

    By The Stoner's Cookbook

    With creative solutions for indoor agriculturalists, their products are used by local urban farmers & greenhouse growers. The company’s products can be found via specialty retailers in the US. 

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