Cannabis licensed producer
CannTrust Holdings Inc. (
OTCMKTS: CNTTQ) has returned to the Canadian marketplace.
The announcement indicates a comeback for CannTrust in the wake of a tumultuous period starting in the summer of 2019 when a former company employee alleged that CannTrust was growing thousands of kilograms of cannabis in unlicensed rooms at its Fenwick ON grow facility.
CannTrust CEO Greg Guyatt said in an interview that the company plans to re-introduce its brands to several provinces later this month, following an 18-month period in which the company was embroiled in a regulatory scandal that ultimately led to it pursuing creditor protection earlier this year.
"It's been a long slog to get to this point, focused on remediation and compliance," Guyatt said. "It's been many long hours and a massive amount of effort from everybody."
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