|Bid||1.0700 x 0|
|Ask||1.0900 x 0|
|Day's Range||1.0700 - 1.1100|
|52 Week Range||0.9900 - 13.4800|
|Beta (5Y Monthly)||3.91|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 13, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||9.13|
Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB) may recover this year after a disappointing earnings result, but this other pot stock could double or even triple in value.
VAUGHAN, Ont. — CannTrust Holdings Inc. says it has appointed its chief financial officer, Greg Guyatt, to be its CEO as the company works to come back from the fallout of its operation of unlicensed grow rooms.The Vaughan, Ont.-based cannabis company fired previous chief executive officer Peter Aceto last July following its internal investigation into the company's non-compliance with Health Canada regulations. It says it will also submit documents to Health Canada on Friday about its completion of the remediation activities at its Niagara facility as it seeks to have its licence for the facility reinstated.The company says it expects remediation activities at the company's Vaughan facility will be completed in the second quarter of 2020 and it will then submit documents to Health Canada in support of reinstatement of that facility's licences.CannTrust says that with licencing measures moving forward, the board will focus on identifying and considering strategic alternatives for the company.The company notes that it is currently in default of its disclosure obligations, has no meaningful revenues, has laid-off a significant portion of its workforce, has significant liabilities in Canada and the U.S., including potential civil and criminal, and is facing a variety of regulatory investigations.This report by The Canadian Press was first published Feb. 14, 2020.Companies in this story: (TSX:TRST) The Canadian Press
VAUGHAN, ON, Feb. 13, 2020 /CNW/ - CannTrust Holdings Inc. ("CannTrust" or the "Company", TSX: TRST, NYSE: CTST) announced the appointment of Greg Guyatt as the Company's Chief Executive Officer and provided an update on the status of both its remediation plan and its New York Stock Exchange ("NYSE") listing.
Many pundits forecast a bounce-back of cannabis stocks this year. However, this trend won’t be equally experienced by all cannabis companies. Companies like Aphria are set to soar, while others, like CannTrust, are expected to tank.
VAUGHAN, ON, Jan. 30, 2020 /CNW/ - CannTrust Holdings Inc. ("CannTrust" or the "Company", TSX: TRST, NYSE: CTST) today provided 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.
Is there room for recovery as Aurora Cannabis (TSX:ACB)(NYSE:ACB) stock underperforms that of an embattled CannTrust Holdings (TSX:TRST)(NYSE:CTST)?
If you are looking to buy into the green industry of cannabis this year, you may want to stay clear of CannTrust Holdings stock and Namaste Technologies stock.
Horizons Marijuana Life Sciences ETF (TSX:HMMJ) stock could be the ultimate proxy for a rebound in the legal pot sector.
Clouds hanging over Canada’s cannabis industry could begin to part in 2020 as a crop of new pricier products and more stores in sparsely-served Ontario translate to stronger quarterly results, according to analysts at Stifel GMP Research.
Here’s why bargain hunters should be placing contrarian bets on beaten-down cannabis stock CannTrust Holdings (TSX:TRST)(NYSE:CTST) today.
CannTrust Holdings Inc (TSX:TRST)(NYSE:CTST) dominated 2019 stock market news headlines in Canada with a secret grow room scandal preceding a stock selloff.
Why an NYSE delisting would be best for CannTrust (TSX:TRST)(NYSE:CTST) after the price of the pot stock fell below the US$1 requirement.