CannTrust laying off up to 140, working to regain cannabis licenses
Cuts are expected to result in monthly cash savings of about $400,000.
CannTrust to destroy $77M of cannabis to comply with rules
$12 million of biological assets and about $65 million of inventory not authorized by CannTrust’s licence.
Returned CannTrust products by Alberta wholesaler worth $1.3M
Follows Health Canada’s suspension of pot company’s licences to produce and sell pot.
Alberta to return CannTrust pot after Health Canada suspensions
Pot products producer’s authority to produce and sell cannabis had been suspended.
Cannabis retailer returns $2.9M in CannTrust products to company
Regulator found problems at the company’s greenhouse in Pelham and later raised issues regarding the Vaughan manufacturing facility.
OSC approves management cease trade order at CannTrust Holdings
Cannabis company waiting on timing and impact of Health Canada’s decisions regarding non-compliance with regulatory requirements.
CannTrust says Health Canada rated Vaughan cannabis facility non-compliant
Decision based on an inspection in July following revelations a greenhouse in Pelham was non-compliant.
CannTrust’s auditor no longer endorses 2018 financial statement
RCMP is investigating issues around unlicensed growing at CannTrust’s greenhouse.