Whole US market is down today because it is earnings reporting season. Stocks drop this time of year before earnings come out. The tech sell off is leading the plunge dragging all the other stocks down with them.
I hope the banking numbers are good tomorrow or we are going to see more red tomorrow.
I think it has more to do with the CEO then anything else. I don't think the government likes the fact that one of the leading pot companies is being run by someone who was accused of trafficking many years ago. But if they are doing something illegal then shame on him for not learning anything.
Could be a reason, but it's not PHOT, it's people not knowing what they own and selling because of the fear. I would imagine PHOT will be just fine after the two week suspension...
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