|Bid||1.0100 x 21500|
|Ask||1.0500 x 1200|
|Day's Range||1.0000 - 1.0300|
|52 Week Range||0.7730 - 10.1700|
|Beta (3Y Monthly)||4.42|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
CannTrust Holdings Inc. (CTST) closed at $1.04 in the latest trading session, marking a +0.97% move from the prior day.
VAUGHAN, ON, Nov. 7, 2019 /CNW/ - CannTrust Holdings Inc. ("CannTrust" or the "Company", TSX: TRST, NYSE: CTST) today is providing a status update in accordance with its obligations under the alternative information guidelines set out in National Policy 12-203 – Management Cease Trade Orders ("NP 12-203"), which require the Company to provide bi-weekly updates until such time as the Company is current with its filing obligations under Canadian securities laws. As previously announced, the Company is subject to a management cease trade order ("MCTO") issued by the Ontario Securities Commission. The MCTO prohibits the directors and executive officers of the Company from trading in or acquiring securities of the Company until two full business days after the Company files an interim financial report for the three and six month periods ended June 30, 2019, an interim management's discussion and analysis for the corresponding period and certifications of interim filings.
Cantor Fitzgerald is predicting “green days ahead” for the battered shares that have struggled to find their footing since Canada legalized recreational pot more than a year ago.
On CannTrust's (CTST) third-quarter earnings call, investor focus will be on the company's efforts to regain licenses for producing and selling cannabis.
With the stock market seemingly not favouring cannabis stocks, both CannTrust and Hexo stocks are on a constant decline, and things look terrible for the two pot producers.
You cannot trust CannTrust even now, considering how adverse the effect of its failure to comply with regulations was for the whole legal cannabis industry.
Between its regulatory scandal and loss of revenue, CannTrust Holdings Inc (TSX:TRST)(NYSE:CTST) has had a truly horrible year.
CannTrust (TSX:TRST)(TSX:CTST) director John Kaden resigned on Monday from the company’s board of directors to focus on Navy Capital Green.
VAUGHAN, Ont. — CannTrust Holdings Inc. says John Kaden has resigned as a member of the cannabis company's board of directors.The company says Kaden stepped down to focus on his role as co-founder, managing partner, and chief investment officer of Navy Capital Green Management LLC.CannTrust has been under fire since it disclosed in July that Health Canada had discovered illicit cultivation in unlicensed rooms at its Pelham, Ont., greenhouse.The company later fired its CEO "with cause" and asked its chairman to resign after the board discovered new information during an internal investigation. Health Canada suspended CannTrust's licenses to produce and sell cannabis in September.Kaden joined the CannTrust board in October 2018 and served as a member of the special committee that investigated the causes of the company's non-compliance with Health Canada regulations.The special committee recently completed its investigation and the company submitted a detailed remediation plan to Health Canada in hopes of regaining its cannabis licenses."With its remediation plan now underway, I believe CannTrust is well positioned to fulfil its commitments to both bring the company into full regulatory compliance and seek the full reinstatement of its licenses," Kaden said in a statement.This report by The Canadian Press was first published Oct. 28.Companies in this story: (TSX:TRST) The Canadian Press
VAUGHAN, ON, Oct. 28, 2019 /CNW/ – CannTrust Holdings Inc. ("CannTrust" or "the Company", TSX: TRST, NYSE: CTST) announced that, following both the recent submission of its detailed remediation plan to Health Canada and the completion of its Special Committee's independent investigation, the Company has begun the orderly process of renewing its Board of Directors. As part of this process, John T. Kaden has resigned from his position as Director.
Flower One Holdings (CSE: FONE) (OTCQX: FLOOF) has announced that its brand partner has become the top-performing cannabis flower brand in Nevada. According to Headset, a cannabis industry analytics services provider, Old Pal is now the top-performing cannabis flower brand in Nevada. Flower One is licensed to produce and distribute the entire Old Pal product line. MYM […]The post Cannabis Stock News Weekend Roundup October 27 appeared first on Market Exclusive.