GREY:CNTTQ - Post by User
Post by
Eggplanton Aug 08, 2019 4:48pm
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Post# 30008486
Prediction Outcome- Cannabis in infancy
Prediction Outcome- Cannabis in infancyCannabis was legaized by Trudeau 2017/18
Regulators unable to devleop a framework and staffing is inexperienced. Now they are catching up to build a framework which will be fluid as the industry continues ot have growing pains.
Prediction: CannTrust is most likely to get $1 million fine for each unlicensed room, cannabis produced will test fine but will need to be destroyed.
Most of these startup cannbis will need to get rid of family or friends in director, board posiiton simply becuase of conflict of interest.
IMO: CannTrust earnings will only be released once Health Canada gives their blessing.
OSC and SEC will pursue those that may have profitted on insider trading. A separate case altoghether
Prediction : Cann Trust perserveres and makes comback and it now becomes a text book case for all .