Agritek Holdings Inc. (AGTK): It's the second MJ stock to be halted th...

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hoarseman

Re: thorbus post# 66432

Thursday, 04/10/2014 4:20:59 PM

Thursday, April 10, 2014 4:20:59 PM

It's the second MJ stock to be halted this month. CAN* started trading again today (since Mar. 26th) and really took a hit. Wouldn't be surprised if more are coming. Not sure what is meant by the "watch list" in this article:

Traders in marijuana stocks are on edge with today's trading suspension on Growlife Inc. (OTC: PHOT). The halt appears to be coming down from FINRA, which is never a good sign.

Other pot stocks on watch: Medbox, Inc. (OTC: MDBX), Medical Marijuana, Inc. (OTC: MJNA), GreenGro Technologies, Inc. (OTC: GRNH), AVT, Inc. (OTC: AVTC), MediSwipe, Inc. (OTC: MWIP), Hemp, Inc. (OTC: HEMP), Cannabis Science (OTC: CBIS).

UPDATE: Below is the order from the SEC with assistance from FINRA. The suspension comes because of questions that have been raised about the accuracy and adequacy of information in the marketplace and potentially manipulative transactions in PHOT's common stock.

http://www.streetinsider.com/Trader+Talk/Marijuana+Stocks+React+to+Growlife+%28PHOT%29+Trading+Suspension/9370185.html