TRST.TO - CannTrust Holdings Inc.

Toronto - Toronto Delayed Price. Currency in CAD
2.0400
-0.1000 (-4.67%)
As of 10:25AM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close2.1400
Open2.0800
Bid2.0400 x 0
Ask2.0500 x 0
Day's Range1.9800 - 2.1200
52 Week Range1.9800 - 15.5000
Volume660,731
Avg. Volume2,428,306
Market Cap288.015M
Beta (3Y Monthly)4.62
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • CannTrust (TSX:TRST) Busted With Black Market Weed: Stay Away!
    The Motley Fool

    CannTrust (TSX:TRST) Busted With Black Market Weed: Stay Away!

    CannTrust Holding Inc. (TSX:TRST)(NYSE:CTST) is a stock you want to avoid. Read on to know why you should steer clear of the legal weed industry’s black sheep.

  • Millennials: Should You Just Say No to Weed Stocks?
    The Motley Fool

    Millennials: Should You Just Say No to Weed Stocks?

    Millennials are advised to avoid weed stocks. CannTrust Holdings Inc. (TSX:TRST)(NYSE:CTST), Canopy Growth Corp (TSX:WEED)(NYSE:CGC), and the rest of the cannabis companies are dealing with issues that are affecting the industry as a whole.

  • Why Holding Weed Stocks in Your RRSP Could Destroy Your Retirement
    The Motley Fool

    Why Holding Weed Stocks in Your RRSP Could Destroy Your Retirement

    If you're holding marijuana stocks like CannTrust Holdings Inc (TSX:TRST)(NYSE:CTST) in your RRSP, you could be in for a rude awakening

  • Oops! 3 Weed Stocks That Plummeted Down to 80%
    The Motley Fool

    Oops! 3 Weed Stocks That Plummeted Down to 80%

    Weed stocks have taken a beating since April. Cronos Group Inc (TSX:CRON)(NASDAQ:CRON), Aurora Cannabis (TSX:ACB)(NYSE:ACB), and CannTrust Holdings Inc (TSX:TRST)(NYSE:CTST) are amongst those that have fallen.

  • 3 Tanking Marijuana Stocks That Still Aren’t Worth Buying
    The Motley Fool

    3 Tanking Marijuana Stocks That Still Aren’t Worth Buying

    After tanking for months, CannTrust Holdings Inc (TSX:TRST)(NYSE:CTST) may have even further to fall

  • CannTrust: Eight Capital Removed Its Target Price
    Market Realist

    CannTrust: Eight Capital Removed Its Target Price

    On Tuesday, Eight Capital removed its target price for CannTrust Holdings due to uncertainty about the risks involved in the company's future operations.

  • Investors: 3 “Must-Avoid” Stocks I’d Sell Immediately
    The Motley Fool

    Investors: 3 “Must-Avoid” Stocks I’d Sell Immediately

    It'll be a long time before this analyst buys SNC-Lavalin Group Inc. (TSX:SNC) or Baytex Energy Corp (TSX:BTE)(NYSE:BTE) for his portfolio.

  • Why CannTrust Holdings’s (TSX:TRST) Stock Price Fell 19.9% in August
    The Motley Fool

    Why CannTrust Holdings’s (TSX:TRST) Stock Price Fell 19.9% in August

    Bad news kept piling up on CannTrust Holdings Inc. (TSX:TRST)(NYSE:CTST) to drag the cannabis stock further down.

  • 3 Reasons Gold Stocks Are Better Than Weed Stocks Right Now
    The Motley Fool

    3 Reasons Gold Stocks Are Better Than Weed Stocks Right Now

    If you want the potential returns of marijuana stocks without all the volatility, consider gold stocks like Kirkland Lake Gold (TSX:KL)(NYSE:KL)

  • Investors: 2 Risky Cannabis Stocks You Need to Avoid
    The Motley Fool

    Investors: 2 Risky Cannabis Stocks You Need to Avoid

    Why investors need to stay away from CannTrust Holdings Inc. (TSX:TRST)(NYSE:CTST) and Namaste Technologies Inc. (TSXV:N).

  • CannTrust Down Almost 65% in 2019—What’s Next?
    Market Realist

    CannTrust Down Almost 65% in 2019—What’s Next?

    On September 6, CannTrust Holdings (TRST) (CTST) was trading at 2.33 Canadian dollars. This marked a discount of 85% from its 52-week high.

  • Friday the 13th Won’t Be All Bad for Canada Stocks Rejig
    Bloomberg

    Friday the 13th Won’t Be All Bad for Canada Stocks Rejig

    (Bloomberg) -- Air Canada fell as much as 1.5% on Monday after the stock was unexpectedly left out of a reshuffle of the S&P/TSX 60 Index and Kirkland Lake Gold Inc. added instead.Kirkland Lake rose 2.8% at 9:50 a.m. in Toronto after the announcement late Friday; Husky Energy Inc. was removed in the changes. S&P Dow Jones is still set to announce the changes for the TSX composite on Sept. 13.READ MORE: A Hidden Gem May Join The Big Leagues After Canada Index ShuffleThe index changes -- important in the age of passive investing since they drive the composition of exchange traded funds -- may turn out to be the biggest news in what’s expected to be a relatively quiet week. Expect CannTrust Holdings Inc. to be among those ejected from the composite index after it fell beneath its listing price of C$2.50.Kirkland Lake has soared 80% this year amid gold’s safe-haven rally and is up 675% over three years.Air Canada had climbed more than 300% since 2016 and is the best-performing stock in the Bloomberg World Airlines Index this year. The carrier’s performance has been boosted this year by its planned acquisition of tour operator Transat AT, which will accelerate its global presence in the leisure industry.CannTrust, on the flipside, has fallen almost 85% from its 2018 peak. A demotion from the TSX would mean it has spent a mere six months in the index.To be eligible for index inclusion, a stock must have a float-adjusted market cap of greater than 0.04% of the index itself, according to AltaCorp. It should also have a float turnover of more than 0.5 times over the period of the prior year. For a deletion, the stock will have a float weight of less than 0.025% of the index. The measurement period to determine changes is based on volume-weighted trading over the last 10 trading days of August.The conference schmoozefest will continue with Canadian companies presenting across North America: Barclays Global Financial Services Conference, Rodman & Renshaw 21st Annual Global Investment Conference, RBC Global Industrials Conference and BMO Media & Telecom Conference.Here’s a recap of what happened last week:Markets -- Just The NumbersWhile skepticism remains, markets were buoyed by the easing of U.S.-China trade tensions this week. A spate of good economic data up north supported the Bank of Canada’s reluctance to signal a potential interest rate cut when it held interest rates steady. That culminated with a blockbuster 81,100 jobs created last month, Statistics Canada reported Friday. It was the seventh-largest monthly gain in records going back to 1976, and brought gains to 471,300 over the past 12 months, the most in a year since 2003.Chart of The WeekPoliticsPrime Minister Justin Trudeau is expected to kick off Canada’s election campaign over the next week. The federal election is set to take place on Oct. 21.EconomyEconomists will have one eye on August housing starts, expected on Sept. 10, after the Bank of Canada kept rates unchanged in September, in contrast to the rest of the world’s easing trend. Deputy Governor Lawrence Schembri on Thursday noted the domestic economy’s resilience, highlighting the bank’s determination to chart its own course.TrendingInCanada1\. Tennis superstar (and Canadian!) Bianca Andreescu made history and won the US Open in New York last week. And in true Canadian fashion, she apologized to fans of Serena Williams for her win.(Updates with S&P/TSX 60 shuffle announcements, share price)\--With assistance from Madeleine Lim.To contact the reporters on this story: Divya Balji in Toronto at dbalji1@bloomberg.net;Aoyon Ashraf in Toronto at aashraf7@bloomberg.netTo contact the editors responsible for this story: Madeleine Lim at mlim131@bloomberg.net, Jacqueline Thorpe, David ScanlanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Why CannTrust (TSX:TRST) Shares Could Be Headed Even Lower
    The Motley Fool

    Why CannTrust (TSX:TRST) Shares Could Be Headed Even Lower

    Removal from the S&P/TSX Composite Index could result in another sell-off of CannTrust Holdings Inc (TSX:TRST)(NYSE:CTST), and there still might be more bad news to come.

  • The Canadian Press

    Most actively traded companies on the TSX

    TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange:Toronto Stock Exchange (16,535.33, down 39.48 points.)Stornoway Diamond Corp. (TSX:SWY). Materials. Up one cent, or 100 per cent, to two cents on 15.9 million shares.Barrick Gold Corp. (TSX:ABX). Materials. Down 81 cents, or 3.33 per cent, to $23.55 on 6.7 million shares.Encana Corp. (TSX:ECA). Energy. Down 12 cents, or 1.97 per cent, to $5.96 on 6.4 million shares.Aurora Cannabis Inc. (TSX:ACB). Health care. Up 27 cents, or 3.48 per cent, to $8.02 on 5.3 million shares.Kinross Gold Corp. (TSX:K). Materials. Down 19 cents, or 2.82 per cent, to $6.54 on 4.6 million shares.B2Gold Corp. (TSX:BTO). Materials. Down 17 cents, or 3.7 per cent, to $4.42 on 4 million shares. Companies in the news:Hudson's Bay Co. (TSX:HBC). Unchanged at $10.08. The last two remaining locations of discount retailer Zellers will shutter its doors early next year, says Hudson's Bay Co. The retailer expects to close the Toronto and Ottawa locations in January. A company spokeswoman declined to specify how many employees work at the stores, saying "we do not break out store employment numbers." In 2011, the company reached a roughly $1.8-billion deal to sell the leases of 189 Zellers stores to Target and close the remainder — save for three locations — by March 2013.CannTrust Holdings Inc. (TSX:TRST). Up one cent to $2.33. CannTrust Holdings Inc. is laying off about 180 people — about 20 per cent of the Ontario-based cannabis company's workforce — following repeated problems with both its product and how it has been produced. The move is expected to result in annual cash savings of about $9-million, as well as the company recording roughly $2-million in severance costs, the pot producer said. Most of the affected employees were in cultivation and customer service support roles. The Canadian Press

  • Cannabis Roundup: CTST, CRON, OGI, ACB, and WEED
    Market Realist

    Cannabis Roundup: CTST, CRON, OGI, ACB, and WEED

    Cannabis ETFs the ETFMG Alternative Harvest ETF and the Horizons Marijuana Life Sciences Index ETF were up 2.0% and 1.7%, respectively, at 1:20 PM today.

  • CannTrust grew and sold pot from black market seeds: report
    Yahoo Finance Canada

    CannTrust grew and sold pot from black market seeds: report

    CannTrust Holdings Inc. used black market seeds brought in by senior operating staff at its Pelham, Ont. facility late last year, tainting the legal market with illicit supply, according to a report from BNN Bloomberg.

  • 3 Pot Stocks to Avoid Like the Plague in September
    Motley Fool

    3 Pot Stocks to Avoid Like the Plague in September

    These marijuana stocks are unlikely to have investors seeing green in the near term.

  • Cannabis Roundup: WEED, ACB, ACRGF, and CTST
    Market Realist

    Cannabis Roundup: WEED, ACB, ACRGF, and CTST

    News that the US and China plan to revive trade talks in October boosted the US stock market. Most of the cannabis players traded in the green today.

  • Contrarian Alert: Should You Buy CannTrust Holdings (TSX:TRST) or Canopy Growth (TSX:WEED) Stock?
    The Motley Fool

    Contrarian Alert: Should You Buy CannTrust Holdings (TSX:TRST) or Canopy Growth (TSX:WEED) Stock?

    CannTrust Holdings (TSX:TRST) (NYSE:CTST) and Canopy Growth Corp. (TSX:WEED) (NYSE:CGC) are down significantly from their 2019 highs. Is one these stocks so oversold it is finally a buy?

  • HEXO: What’s the Word on the Street?
    Market Realist

    HEXO: What’s the Word on the Street?

    HEXO stock has suffered since it reported lower-than-expected third-quarter results in June. The stock has fallen 31.8% since its earnings on June 12.

  • Are Cannabis Stocks Such As Canopy Growth Corp (TSX:WEED) Due for a Bounce?
    The Motley Fool

    Are Cannabis Stocks Such As Canopy Growth Corp (TSX:WEED) Due for a Bounce?

    Marijuana stocks have been in a downward spiral since March. However, on the even of another significant macro event, pot stocks may be worth another look.

  • 2 Canadian Marijuana Stocks to Avoid Besides CannTrust (TSX:TRST)
    The Motley Fool

    2 Canadian Marijuana Stocks to Avoid Besides CannTrust (TSX:TRST)

    You've heard to avoid CannTrust Holdings Inc. (TSX:TRST)(NYSE:CTST), but I would also consider these other stocks.

  • CannTrust: The Bad News Keeps Pouring In
    Market Realist

    CannTrust: The Bad News Keeps Pouring In

    CannTrust (CTST) was hit with selling pressure this morning as its stock declined almost 5%. However, the overall cannabis sector seems to be positive

  • How Cannabis ETFs HMMJ, MJ, TOKE Looked in August
    Market Realist

    How Cannabis ETFs HMMJ, MJ, TOKE Looked in August

    In the wake of its regulatory scandals, the cannabis sector lagged the equity market in August. YTD, MJ and HMMJ have fallen 3.7% and 1.5%, respectively.

  • Should You Buy Horizons Marijuana Life Sciences Index ETF (TSX:HMMJ) or Individual Pot Stocks?
    The Motley Fool

    Should You Buy Horizons Marijuana Life Sciences Index ETF (TSX:HMMJ) or Individual Pot Stocks?

    Buying the Horizons Marijuana Life Sciences Index ETF (TSX:HMMJ) has many advantages over buying single pot stocks.