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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 pulverizeron Aug 12, 2019 3:37pm
78 Views
Post# 30019275

RE:RE:Cant - Trust will get way more than book value

RE:RE:Cant - Trust will get way more than book valueNobody will buy this company until the licence is fully removed. Then they will buy the assets immediately.

Option #1) Buy the company, reveive suspension, legal action from OSC and USA. Spend a ton of $$$ to try and prove compliance back to Health Canada. - timeline on this without lawsuits - 1yr.

Option #2) Let the company die, buy the assets once the licence is removed, send in evidence package, wait 60 days, get new licence and fill with plants - aviod all legal issues.

Gee - what option is a SMART CEO going to do??

Hmmmmmmm
Bullboard Posts