Growlife (OTCBB:PHOT) Surges 205% After Unlikely Escape from Death Sentence

Two years ago, Growlife (OTCBB:PHOT) was the most widely held and actively traded cannabis stock, commanding a market cap of hundreds of millions of dollars. It had already peaked by the time General Cannabis (OTC:CANN), then known as Advanced Cannabis Solutions, was suspended from trading by the SEC for two weeks in late March. On the exact day that CANN resumed trading, April 10th, 2014, PHOT was hit with a suspension as well:

To this day, the SEC has not filed charges against the company or anyone associated with it.