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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
Comment by Only1LPRule$on Jul 09, 2019 10:54pm
173 Views
Post# 29902074

RE:Tick tock..

RE:Tick tock..
kijiji wrote:
Health Canada confirmed that it conducted a surprise inspection of CannTrust’s facility in Pelham on June 17 and subsequently returned to the facility on July 3 and 4 where inspectors “hand-delivered the report and seized 4,327 kilograms of implicated product and obtained samples for further testing.” The company has until July 18 to respond to Health Canada’s non-compliance inspection report.
 


In other words Can’t Trust has 9 days remaining to make up a damn good excuse.  The problem is!  There’s no good excuse for being blatantly non-compliant.  Hard to fathom that management was not aware!  $50 million worth of weed doesn’t just appear!!  The only way to make it through the books is to inflate their grams/ft production in their licensed facilities.  This implies either management is very incompetent or they performed non-compliant actions!  

Either way this a toxic stock that ccould get much worse!  


Bullboard Posts