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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 itsnevertoolateon Sep 02, 2019 8:31pm
89 Views
Post# 30088742

RE:Eggplant

RE:Eggplant
trevorjplows wrote: Those state of the art facilities along with employees will be sold for asset sales. They may have had 70000  patients , they dont anymore. There is no loyalty in this business, they have gone elsewhere. You mention  215 mill in the bank a week or so ago you where shouting 240 mill mo anyone that would listen . Anybody with an ounce of sense calls that cash burn, and its its happe every single day, or do you think the employees and mgmt mork for free and of course the utility companies dont charge and the local gov doent care about property taxes and of course the feds are going to let them off the hook for cpp and uic deductions and dont forget about insurance. So give your head a shake and rejoin planet earth for at least once in your life. Good luck because you and anyone that listens to you needs it bigtime


Good  post Trevor...you laid it out well..It is just foolish to think that with all the reasons you spelled out, plus the news today they are going to be delisted from the TSX...that anyone would seriously believe that this company is somehow going to pull through the current mess they are in and just continue on with a slap on the wrist, and/or maybe a fine.. They are done like dinner!!. Agree, being sold for assets is the most likely scenario, and I am sure the greater part of whatever cash they did have in the bank has been burned through..and what hasn't, will be needed for the lawsuits...
Bullboard Posts