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CTST - CannTrust: Rough Start To The Recreational Market
CannTrust Holdings Inc.
Welcome to our Cannabis Earnings series where we break down the latest earnings to help you focus on the most important topics.
Introduction
When CannTrust (CTST) reported its 2018 Q3 results a few months back, the stock soared as revenue growth surprised investors to the upside. However, the same did not happen when the company announced its 2018 Q4 results on March 28, as lower revenue spooked investors, sending its shares plunging 20%, and the stock has kept falling in the following days. We will discuss why investors reacted so badly post earnings