The SEC Got What They Wanted
FINRA tried to come out with their own warning a few months ago but that outfits is such a joke people just laughed off their warnings. Finally the SEC stepped in with a completely bogus halt on PHOT. I'm sorry but who halts a stock for 2 weeks? Even by government bureaucracy standards that move was silliness. But it did accomplish the goal of putting the brakes on the MJ industry. I'm partial to all sorts of theories why this action was taken,none of which have "protecting investors" as the SEC's main motivation.
Blood is running in the streets. It's a good time to be cash rich.
"Emancipate youself from mental slavery, none but ourselves can free our mind"
-Bob Marley