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Even the CannaVEST (NASDAQOTH:CANV), one of the larger stocks, is losing money. Jason points out that legal issues still exist, and many of these stocks are penny stocks, which typically aren't smart investments. Brendan suggests that if you want to take advantage of marijuana, avoid these new penny stocks.ven the CannaVEST (NASDAQOTH:CANV), one of the larger stocks, is losing money. Jason points out that legal issues still exist, and many of these stocks are penny stocks, which typically aren't smart investments. Brendan suggests that if you want to take advantage of marijuana, avoid these new penny stocks.