Marijuana stocks are a crazy sector. Traders either love \u2018em or hate \u2018em...\u00a0 Personally, I don\u2019t have favorite sectors or stocks. I\u2019m all about the hottest opportunities. And marijuana stocks can offer great opportunities \u2014 with the right catalyst. Even though they\u2019re quiet right now, any news about legalization, tweets, or legislation changes can move these stocks FAST. This list is to help you prepare for when \u2014 or if \u2014 that happens. So make your trading plans now and be ready to strike when the time's right. Here\u2019s what I\u2019m watching and why... Should You Trade Marijuana Stocks? First, you should NEVER blindly trade someone else\u2019s picks. Not even mine. I want you to understand how to choose stocks to trade and create smart trading plans. That\u2019s how you can really take advantage of hot sectors and trading opportunities. You\u2019ve gotta think about what makes stocks move, how they move, and what you can learn from these movements for future trades. I\u2019m watching marijuana stocks because they\u2019re volatile. Many are former runners, and they can move on news and hype. Any new development could be a potential catalyst for a spike. But before you get too excited thinking you\u2019ll find the Tesla of marijuana stocks \u2026 Do yourself a favor and go back and study history. I\u2019ve seen this kind of crazy action before \u2026 In 2018, marijuana stocks went nuts on news that Canada legalized recreational use of weed on a federal level. What happened almost immediately after legalization day came and went? All the weed stocks crashed. Some even tanked to new all-time lows. So learn to trade these stocks. Don\u2019t invest in them long term. Be prepared to strike when a stock fits your pattern and strategy. Always stick to your trading plan and rules and NEVER believe the hype. https:\/\/twitter.com\/timothysykes\/status\/1359209194482671616 Now, let\u2019s get to the top marijuana stocks I\u2019m watching... Top 10 Marijuana Stocks to Watch Remember, this is a watchlist. There\u2019s no guarantee any of these stocks will fit your trading pattern or style. And if you blindly buy them hoping for the best, you\u2019re on your own. That\u2019s not what this watchlist is for... If that\u2019s your plan, I suggest you save your money and paper trade until you figure out a strategy that works for you. Use my stock picks to understand the thought process behind how I build a watchlist so you can work to build your own. Here\u2019s my list of marijuana stocks to watch in March 2021... Marijuana Stocks to Watch #1: GW Pharmaceuticals plc (NASDAQ: GWPH) GWPH reported earnings on February 16. Last month the company announced it\u2019s being acquired by Jazz Pharmaceuticals plc (NASDAQ: JAZZ). The transaction is set to close in the second quarter of this year. Marijuana Stocks to Watch #2: Greenrose Acquisition Corp. (NASDAQ: GNRS) GNRS isn\u2019t technically a marijuana stock \u2014 yet. It\u2019s a special acquisition company (SPAC) that\u2019s looking to merge with a business in the cannabis sector. SPACs have been hot this year. Watch for news of an acquisition or merger. Marijuana Stocks to Watch #3: Cronos Group Inc. (NASDAQ: CRON) CRON is a manufacturer and distributor of hemp supplements and cosmetics. The company recently reported fourth-quarter earnings. Marijuana Stocks to Watch #4: HEXO Corp. (NYSE: HEXO) HEXO is due to release fourth-quarter earnings in premarket on March 18. Learn how to read earnings reports here. Marijuana Stocks to Watch #5: Canopy Growth Corporation (NASDAQ: CGC) CGC is one of the largest Canadian marijuana stocks. On March 2, the company announced the release of its CBD-infused sparkling water in the U.S. The product has been available in Canada since last year. Marijuana Stocks to Watch #6: Aphria Inc. (NASDAQ: APHA) APHA is another Canadian marijuana stock. It\u2019s due to complete its merger with Tilray, Inc. sometime in the second quarter this year. Marijuana Stocks to Watch #7: Akerna Corp. (NASDAQ: KERN) KERN is a tech company that operates a software platform serving the cannabis industry. It also operates a tracking system designed for government agencies. Its tech recently found that the consumer demographic for cannabis is shifting toward women. Marijuana Stocks to Watch #8: Golden Leaf Holdings Ltd. (OTCQB: GLDFF) Golden Leaf is a low-priced OTC marijuana stock. On February 26, the company announced it entered a non-binding letter of intent to purchase a chain of retail stores. Golden Leaf executive chairman John Varghese said, \u201cWe will announce further details about this transaction upon the signing of a definitive purchase agreement.\u201d Marijuana Stocks to Watch #9: The Green Organic Dutchman Holdings Ltd. (OTCQX: TGODF) TGODF is due to announce fourth-quarter earnings after-hours on March 9. Never try to predict earnings. Wait for the market to react before planning a potential trade. Marijuana Stocks to Watch #10: Medical Marijuana, Inc. (OTCPK: MJNA) On March 3, MJNA announced that its subsidiary\u2019s Japanese division had record sales in February. See the Stocks I'm Watching Want to know which stocks I\u2019m watching every week? Subscribe to my weekly watchlist and I\u2019ll send the stocks I\u2019m watching right to your inbox. SUBSCRIBE to my no-cost weekly stock watchlist here. Want to see the stocks I\u2019m watching every day? Join Profit.ly and you\u2019ll get my list of stocks to watch every morning. Also, check out these blog posts: \tTop Penny Stocks List Weekly Update \tTop Biotech Penny Stocks to Watch Conclusion: Should You Trade Marijuana Stocks? When it comes to trading penny stocks, volatility can be your friend. Marijuana stocks have plenty of volatility and hype right now, so they\u2019re creating a ton of opportunities. But that doesn\u2019t mean you should trade just any stock in the sector. You\u2019ve got to be diligent about your research and studying. Only choose the setups and patterns that work for you. If you want to make the most of weed stock opportunities, you\u2019ve got to invest in your education account first. I share my 20+ years of experience trading penny stocks with new traders in my Trading Challenge. I want anyone who\u2019s dedicated to take advantage of what I\u2019ve learned \u2014 both good and bad. If you\u2019re accepted (you have to apply and I only accept dedicated traders), you\u2019ll get access to tons of video lessons, live trading, and Q&A webinars. Plus, you can get trading commentary from me and the top traders and moderators in my Challenge chat room. I purposefully trade with a small account so I can be on the same level as new traders. I also show every single trade publicly so I can use every trade as a lesson. But don\u2019t apply if you\u2019re looking to get rich quick. That\u2019s not what I teach. Trading isn\u2019t easy. You have to study, work hard, and put in the time and dedication. Ready to get started? Apply today. What do you think about these marijuana stocks to watch? Are any of these tickers on your watchlist? Let me know in the comments, I love to hear from you!