RE:Did Ascent lose their licenses ?No they did not. They had a small portion of their license held back until they made some regulatory changes.
Around 2 million shares traded today. If the license was lost ASNT would have had a 20 mil share day and be sitting just below their 52 wk low in the 30's.
This is likley an unrelated incident that could be rumour driven or it may be financial .
The key is there was a bounce at the end of the day which may indicate whoever liquidated a million shares was either done for the day or just finished. Tomorrow will tell you.
They have $20 mil in the bank and are rolling out worldwide. The whole MJ catagorey took a beating today as did AI and Blockchain + ETH and BTC. There is unrest amongst the U.S. investors with the threat that Trump and/or his son may be indited . Thrown in is a Fed % rate hike.
Look at BTL today. This was indicitive of many new companys where there was a positive start to the day then a hard sell off. HIVe is another one.
JMHO