After the marijuana penny stock craze of 2014, several names have since crashed and burned. Medbox is an example of the extreme turbulence in the group, reaching a closing high of $73.90 on January 7, 2014 and losing 54% of its value in just three days. But that was just the beginning of its long decline. Medbox currently trades around $1.65. Advanced Cannabis Solutions started off 2014 as a $3 stock, that shot up to a close of about $48 on March 5. Later that month, the Securities and Exchange Commission ordered a suspension of trading due to concerns over unlawful public distribution of its Advanced Cannabis securities. By April 1, the stock fell to just under $30 a share, and its decline was only getting started.
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