128 Million People About to Gain Access to Legal Pot: What It Means for Marijuana Stocks

Right now, around 41 million people have access to recreational marijuana that's legal at a federal level. Two countries have legalized recreational pot -- Canada and Uruguay. We can't include the millions of Americans who live in the 11 states that have legalized recreational marijuana in our total since marijuana remains illegal at the federal level in the United States.

But very soon another 128 million or so people will gain access to legal marijuana. Legislators in Mexico are finalizing regulations to make marijuana legal. The legislative effort came after the country's Supreme Court ruled last year that Mexico's ban on recreational pot was unconstitutional.

The time is rapidly approaching for the federally legal global marijuana market to more than quadruple. What does this mean for marijuana stocks?

Source Fool.com