SEC hasn't found anything yet. CANN trades again. May just be a political plot or anti-pot activists pushing the SEC to do something. With all the $$ traded in OTC, SEC needed to check it out and will give them validity when nothing comes out of it.
Good news from PHOT. They are proactive cooperating in investigation. They have a lawyer addressing investor concerns. They are trying to protect shareholders. Shouldn't effect stock so much. May only effect individuals involved. Was probably only a filing issue.