CannTrust Archives

StaffApril 14, 2020

CannTrust Holdings Inc. (NYSE: CTST) announced that, after the close of markets on April 13, 2020, the company received a cease trade order issued by the Ontario Securities Commission as a result of CannTrust’s failure to file the following periodic disclosure required by Ontario securities legislation: The Company’s audited annual financial statements for the year ended December […]

Debra BorchardtNovember 25, 2019

The Facilities Are Fully Funded On Oct. 9, 2019, The Green Organic Dutchman (OTC: TGOD) said in a press release that it was updating the market on credit financing. In the statement, it noted that “The Company may revise the construction schedule for its Ancaster and Valleyfield projects if it is unable to obtain sufficient […]

William SumnerSeptember 18, 2019

It’s time for your Daily Hit of cannabis financial news for September 18, 2019. On the Site Overcoming Canada’s Cannabis Shortage Shortages of Canadian marijuana appeared immediately after recreational sales of cannabis starting from October 2018. Hence, there is a typical Canadian refrain almost lately. Because of little inventory remaining, many stores are closed three […]

Debra BorchardtAugust 16, 2019

The Ontario Securities Commission approved a request by CannTrust Holdings Inc. (NYSE: CTST) for a management cease trade order (“MCTO”) under National Policy 12-203 – Management Cease Trade Orders. Such a request means that the Chief Executive Officer, Chief Financial Officer and members of the board of directors or other persons who had or may […]

Debra BorchardtAugust 12, 2019

It’s time for your Daily Hit of cannabis financial news for August 12, 2019. On The Site CannTrust After the market closed on Friday, CannTrust Holdings Inc. (NYSE: CTST)said it received a report from Health Canada telling the company that “Its manufacturing facility in Vaughan, Ontario has been rated non-compliant with certain regulations.”CannTrust stock is dropping over 25% to lately trade […]

Debra BorchardtAugust 12, 2019

After the market closed on Friday, CannTrust Holdings Inc. (NYSE: CTST)said it received a report from Health Canada telling the company that “Its manufacturing facility in Vaughan, Ontario has been rated non-compliant with certain regulations.” CannTrust stock is dropping over 25% to lately trade at roughly $2.26 in pre-market trading as shareholders learn about the […]

Debra BorchardtAugust 9, 2019

CannTrust Holdings Inc. (TSX: TRST)( NYSE: CTST) said that its independent auditor, KPMG LLP, Chartered Professional Accountants told the company that as of August 8, 2019, it is withdrawing its report dated March 27, 2019 on the company’s consolidated financial statements as at and for the year ended December 31, 2018 and its interim report to the […]

William SumnerJuly 31, 2019

It’s time for your Daily Hit of cannabis financial news for July 31, 2019. On the Site Brightfield Group Names Top 5 CBD Companies The CBD industry is becoming much more saturated than it was before the passing of the U.S. Farm Bill late last year, with new products entering the market, threatening to take […]

Debra BorchardtJuly 31, 2019

Following the disastrous revelation that the company began growing cannabis plants in grow rooms without licenses, CannTrust Holdings Inc. (TSX: TRST)(NYSE: CTST) said that its special committee has retained Greenhill & Co. Canada Ltd. as the Special Committee’s financial advisor, to assist in a review of strategic alternatives. Those options include a sale of the […]

Debra BorchardtJuly 12, 2019

Beleaguered cannabis company CannTrust Holdings Inc. (NYSE: CTST) shares were falling 10% in early trading after the company announced it placed a hold on product sales. After the market closed on Thursday, the company said it would voluntarily “hold on sale and shipment of all cannabis products as a precaution while Health Canada visits and […]

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Tag: CannTrust

CannTrust Gets Cease Trade Order From Ontario Securities Commission

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The Daily Hit: September 18, 2019

CannTrust Says Cease Trade Order Approved

The Daily Hit: August 12, 2019

More Trouble For CannTrust Causing Stock To Plunge Again

CannTrust Withdraws KPMG’s Accounting Report As Stock Falls Further

The Daily Hit: July 31, 2019

CannTrust Prepares To Sell The Company Following Illegal Growing Scandal

CannTrust Shares Dive After Company Stops Sales

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