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CannTrust Holdings Inc CNTTQ

CannTrust Holdings Inc is engaged in the business of producing and distributing medical cannabis in Canada. Its facility is located at Vaughan, Ontario in Canada. Its brands include LIIV, ESCAPE, SYNR.G and Peak Leaf.


GREY:CNTTQ - Post by User

Bullboard Posts
Post by felix10on Apr 24, 2020 4:00pm
398 Views
Post# 30951410

Can anyone explain...

Can anyone explain...Why if there is a cease trade order on this stock in Canada, can't we trade it on the Pink Sheets in the U.S.?

Over 4 million shares traded in the U.S. today.

My broker TD Direct says the Cease trade order bans Canadians from trading the stock anywhere.
I don't see how Canadian regulators can control what Canadians can do in a foreign country.

My broker says that's a matter of fairness, but how is it fair to create 2 classes of shareholders holding the same stock?

My broker says he is not allowed to sell my stocks on the U.S. market.

Anyone else getting anything different from their brokers? Any way to get around this?
Thanks.
Bullboard Posts