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Health Canada Accuses CannTrust of Additional Violations

CannTrust Provides Interim Update VAUGHAN, ON, Aug. 12, 2019 /PRNewswire/ – CannTrust Holdings Inc. (“CannTrust” or the “Company”, TSX: TRST,NYSE: CTST) provided an interim update concerning certain recent developments affecting the Company. Heath Canada Report for Vaughan Manufacturing Facility After trading hours on Friday, August 9, 2019, CannTrust received a report from Health Canada notifying […] READ MORE: https://www.newcannabisventures.com/health-canada-accuses-canntrust-of-additional-violations/

Cannabis Canada: Ex-CannTrust CEO urged chair to fix governance issues

Ex-CannTrust CEO warned on governance  The former chief executive of CannTrust Holdings expressed concern over the pot producer’s corporate governance practices in December, according to a letter obtained by BNN Bloomberg. Peter Aceto warned then-chairman Eric Paul that the issues needed to be resolved, and said that he “feared” his performance as CEO would suffer as a result of them. The letter,…

With CannTrust (TSX:TRST) under fire, can investors trust marijuana stocks?

This past Wednesday, battered-down CannTrust Holdings (TSX:TRST)(NYSE:CTST) shares staged a major comeback, rallying 10% in the morning before cooling off later in the day. It’s not clear why investors are suddenly warming up to the stock, because its regulatory problems are far from over. Possibly, investors are beginning to see TRST as a bargain, as it has become the cheapest stock in…

Cannabis stocks climb after CannTrust says it’s reviewing options, including possible sale

CannTrust Holdings shares rallied Wednesday to lead cannabis stocks higher, after the troubled company hired a financial adviser for a strategic review of its options, including a possible sale of the company. CannTrust shares CTST, +9.30% TRST, +8.80%  soared almost 12% on the news, recouping some of the 55% plunge over the past month after Health Canada seized more than five metric tons of the company’s cannabis after discovering…

Pot stock CannTrust dives as report hints regulators can’t trust execs

The CEO and chairman of Canadian cannabis producer CannTrust(CTST) were told the company was growing unlicensed weed months before regulators discovered the violations, according to a report, further submerging CannTrust stock on Wednesday. Other marijuana stocks were mostly down. A report from the Globe and Mail said that CEO Peter Aceto and Chairman Eric Paul were informed that CannTrust was growing cannabis in…