Research Marijuana Penny Stocks since legalization is starting to seem eminent. The big incentive here is to buy in before it gets federally legalized. Getting this law passed is going to take some time, so being patient and investing in the right companies is key. If your playing OTC’s, make sure it has a nice website, catchy ticker, clean sec filings and a good looking chart setup. Plan out your Entry, Stop-loss, and take profits before you execute the trade.