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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 wizzard89on Dec 11, 2019 11:14pm
93 Views
Post# 30446399

RE:$185 million cash, more than enough to comply with HC& Audit

RE:$185 million cash, more than enough to comply with HC& AuditHC approval is not congingent on Finalcials . My prediction is Mid January they get license back. Finacials come out around same time (not sure why the 2018 have not been releaed yet as they must be done by now) Financials will not look good and may see a decline in price and that is why they may be holding off in hope HC reinstates before they have to release them so share prices stay semi-stable. 
Once license is back they already have stock on hand available to be sold, which will start the upward trend of price. I see it at about $2.00 by end of March and $5.00 by end of 2020--from there it is going to be interesting. 
Bullboard Posts