“For those investing only in the public markets, we are clearly in a period of downward momentum and investors may want to wait until weaker sentiment drives a bottom in prices. Shares have been falling with general sentiment in the market, especially for momentum names, but have met challenges of their own as well. The Securities & Exchange Commission halted shares of GrowLife (PHOT) on Thursday as a part of its larger investigation into the industry. The trading halt follows another in late March for shares of Advanced Cannabis Solutions (CANN). The stock has since resumed trading but fell nearly 40% on the first day.”
http://www.thedailybell.com/market-commentary/35216/Marijuana-Sector-Update–April-14th-2014/
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