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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 16, 2019 10:43am
66 Views
Post# 30036348

RE:BASED ON THE UPDATE, ANYONE THINKS HC IS GIVING TRST TIME TO

RE:BASED ON THE UPDATE, ANYONE THINKS HC IS GIVING TRST TIME TO#FALSE  -  Health Canada doesn't discuss with the company because it is in the middle of reviewing the documents provided. This is an active case, there is no communication on the matter until the final decision. Meanwhile the lower level agents are engaging with the cultivation team to ensure they are aware of every single day's activities. 

This is how the process works. If you are involved in a court case personally that takes months to unfold, you do not have the opportunity to contact the judge on any day you please to just talk about things. That's not how process works.

They take approximately 4-8wks to review the information and make a decision. Today marks 4wks. We have now entered the beginning timeframe for an answer. I am predicting August 30th end of day Friday. 

On the CannTrust side - all I see is months and months of retooling departments to become compliant again. This is a year long mission.

Humanist wrote: SAVE THE COMPANY,,THE REASON I AM THINKING THIS, HC IS NOT GIVING A TIME FRAME FOR THEIR DECISION, AND BASICALLY HAVE NOTHING TO SAY AT THIS POINT, WHILE TRST IS DOING EVERYTHING POSSIBLE TO BECOME COMPLIANT AND WEIGHING THIER OPTIONS/ALTERNATIVES OF SAVING THE COMPANY.. !

also the NYSE  seem to be giving trst some time!


thoughts!
thx and gl  


Bullboard Posts