|Bid||3.4200 x 0|
|Ask||3.4300 x 0|
|Day's Range||3.4100 - 3.5900|
|52 Week Range||3.1700 - 15.5000|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.72|
HEXO Corp. (TSX:HEXO) and CannTrust Holdings Inc. (TSX:TRST)(NYSE:CTST) are down significantly from their 2018 highs. Is one of these marijuana stocks a buy right now?
From CannTrust Holdings Inc. (TSX:TRST)(NYSE:CTST) and its bad week on the TSX to a newly debuted grower, these two stocks couldn't be more different.
VAUGHAN, ON, July 22, 2019 /CNW/ - CannTrust Holdings Inc. ("CannTrust" or the "Company", TSX: TRST, NYSE: CTST) announces that as a result of months of discussions, CannTrust has agreed to waive the exclusivity provision under the Brokerage Agreement between CannTrust and Kindred Partners Inc. It is expected that this revised arrangement will over time allow CannTrust to reduce the expenditures incurred by CannTrust under the Brokerage Agreement. Founded by pharmacists, CannTrust brings more than 40 years of pharmaceutical and healthcare experience to the medical cannabis industry and serves medical patients with its dried, extract and capsule products.
There have been rumours recently of CannTrust Holdings Inc (TSX:TRST)(NYSE:CTST) possibly being acquired, but investors shouldn't get their hopes up just yet.
VAUGHAN, ON, July 22, 2019 /CNW/ - CannTrust Holdings Inc. ("CannTrust" or the "Company", TSX: TRST, NYSE: CTST) today provided an interim update on the investigation being undertaken by a special committee (the "Special Committee") of its board of directors (the "Board of Directors"). As announced by the Company on July 11, 2019, the Special Committee was appointed by the Board of Directors to investigate a compliance report from Health Canada notifying the Company that its greenhouse facility in Pelham, Ontario is non-compliant with certain regulations.
Rumours of a white knight riding in to save CannTrust Holdings Inc (TSX:TRST)(NYSE:CTST) have been making the rounds. How should investors react?
The past week has seen Canopy Growth Corp. (TSX:WEED)(NYSE:CGC) and its peers generate a lot of headlines. Catch up with a few developments here.
With cannabis stocks like Aurora Cannabis Inc. (TSX:ACB)(NYSE:ACB) and CannTrust Holdings Inc. (TSX:TRST)(NYSE:CTST) falling, are there opportunities for investors, or just more pot problems?
Some of the most active companies traded Thursday on the Toronto Stock Exchange:Toronto Stock Exchange (16,494.23, up 10.02 points).Bombardier Inc. (TSX:BBD.B). Down eight cents, or 3.64 per cent, to $2.12 on 9.5 million shares.Barrick Gold Corp. (TSX:ABX). Materials. Up 63 cents, or 2.89 per cent, to $22.46 on 8.4 million shares.Encana Corp. (TSX:ECA). Energy. Down 14 cents, or 2.4 per cent, to $5.70 on 6.2 million shares.Aurora Cannabis Inc. (TSX:ACB). Health care. Down 63 cents, or 6.51 per cent, to $9.05 on 5.9 million shares.New Gold Inc. (TSX:NGD). Materials. Down 11 cents, or 5.64 per cent, to $1.84 on 5.6 million shares.CannTrust Holdings Inc. (TSX:TRST). Health care. Up 10 cents, or 2.67 per cent, to $3.84 on 5.5 million shares.Companies in the news:Aimia Inc. (TSX:AIM). Up seven cents to $3.84. Grupo Aeromexico is reviewing its partnership with Aimia Inc., the latest problem for the loyalty analytics company which is facing a fight with a group of its shareholders. The Mexican airline says it is "re-evaluating all aspects of its customer loyalty strategy." Aeromexico holds a 51.9 per cent stake in PLM Premier which runs Club Premier, the airline's frequent flyer program. Aimia holds the remaining stake.Canadian Natural Resources. (TSX:CNQ). Down 87 cents, or 2.5 per cent to $33.88. The Alberta Liabilities Disclosure Project says the province's largest oil and gas companies are underestimating how much it will cost to clean up thousands of oil and gas wells drilled over past decades. The coalition of landowners, environmentalists and others is unveiling a list of companies and its estimate of how much it would cost each to remediate its properties if it had to be done today. It says those costs are much higher than the companies estimate because they are assuming they will have decades of cleanup time. The coalition says Calgary-based Canadian Natural Resources Ltd. is facing the largest bill at $11.9 billion to clean up 73,000 oil, gas and bitumen wells in Alberta.The Canadian Press
TORONTO , July 18, 2019 /CNW/ - Trading resumes in: Company: CannTrust Holdings Inc. TSX Symbol: TRST Resumption (ET): 2:10:18 PM IIROC can make a decision to impose a temporary suspension (halt) of ...
TORONTO , July 18, 2019 /CNW/ - The following issues have been halted by IIROC: Company: CannTrust Holdings Inc. TSX Symbol: TRST Reason: Single-Stock Circuit Breaker Halt Time (ET): 2:05:18 PM IIROC ...
NEW YORK, July 17, 2019 -- Wolf Haldenstein Adler Freeman & Herz LLP announces that a federal securities class action lawsuit has been filed in the United States District.
CannTrust Holdings Inc (TSX:TRST)(NYSE:CTST) stock has been in free fall since last week, and things might only get worse from here on out.
Both the TSX and the S&P 500 finished higher Monday, despite the news China’s economy slowed to 6.2% growth in June -- the lowest level in 26 years.
The deepening scandal at CannTrust Holdings Inc. that has put a black eye on Canada’s cannabis sector is not disrupting efforts to legalize the drug federally in the United States, according to analysts at Cowen.