GrowLife Inc (fka PHOT)

[YoungBulll]

If you're a 420 member you would certainly know better than me but that's just what he wrote on ihub on 12/12 if you want to check his profile. Either way the stock is up over 2 cents since he decided to sell. Hotstockace and the money runners are slightly worrying but as you said if they pull out that presents a fantastic buying opportunity. There are many investors looking to get into the MJ industry and those doing there DD and looking for a chance to buy will likely narrow their choices down to GWPH MCIG TRTC and PHOT. Personally i think PHOT has the best business model and supplying grows with equipment and much needed capital is in unbelievable demand in CO.

Even if banks get the green light they won't be willing to loan MJ businesses they know nothing about hundreds of thousands of dollars. They will likely just get their hand in the pot by opening up credit card sales and allowing MJ stores and dispensaries to accept credit cards from their customers. The GIFT program is a brilliant idea and dispensaries and grows will much prefer to work with someone who is well educated and knows the laws of the cannabis industry very well. (PHOT knows the industry well and has a great legal team C&M)

If Alan did sell his entire position thats unfortunate because if he waited 2 more weeks he would have made well over $600.

PHOT LONG