|Bid||0.0800 x 0|
|Ask||0.0800 x 0|
|Day's Range||0.8700 - 0.9800|
|52 Week Range||0.4750 - 2.8300|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 14, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.25|
VAUGHAN, Ont. — CannTrust Holdings Inc. says Health Canada has reinstated its licences for its greenhouse in Niagara and that it will immediately restart operations.The cannabis company says it cannot say when its products will be available in the market as that depends on a Health Canada decision regarding its manufacturing facility in Vaughan, Ont.The decision regarding the Vaughan facility is independent of the Fenwick facility's licence reinstatement and has not yet been made.CannTrust, which has been operating under court protection from creditors under the Companies' Creditors Arrangement Act since March, says it sent its reinstatement submission for the manufacturing facility to Health Canada on April 24.The company has been under fire since it disclosed last year that Health Canada had discovered illicit cultivation in unlicensed rooms at its Pelham, Ont., greenhouse.It says creditor protection will also allow it to explore a plan to deal with the multiple class actions and other litigation brought against the company in the wake of its disclosures last year.CannTrust's shares were delisted from the Toronto Stock Exchange at the end of trading on May 6.This report by The Canadian Press was first published May 29, 2020.The Canadian Press
VAUGHAN, ON, May 29, 2020 /CNW/ - CannTrust Holdings Inc. ("CannTrust" or the "Company") announced that it has received notice from Health Canada that the Company's licenses for its Fenwick Perpetual Harvest Facility (the "Fenwick facility") have been reinstated. CannTrust has been working in collaboration with Health Canada for many months to identify and address the Company's regulatory deficiencies. On February 14, 2020, the Company announced that it had completed its remediation activities at the Fenwick facility, and that documentation in support of license reinstatement had been submitted to Health Canada.
VAUGHAN, ON , May 15, 2020 /CNW/ - On March 31, 2020 , CannTrust Holdings Inc. (the "Company") announced that the Company and certain of its subsidiaries (collectively, "CannTrust") were granted protection pursuant to an order issued under the Companies' Creditors Arrangement Act by the Ontario Superior Court of Justice (the "Court") and that Ernst & Young Inc. was appointed monitor (in such capacity, the "Monitor"). In addition, the Court approved CannTrust's agreement engaging Greenhill & Co. Canada Ltd (the "Financial Advisor") as financial advisor. On May 8, 2020 , the Court issued an order (the "SISP Order") authorizing and directing CannTrust to undertake a sale and investment solicitation process (the "SISP").