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TLRY - CannTrust: The Likely Outcome Of Its Strategic Review
Tilray Inc.
CannTrust (CTST) is facing an existential crisis over its alleged illegal growing, and stock has lost more than 50% of its value since the scandal broke out. The company fired its ex-CEO and ex-Chairman and the Ontario Securities Commission just launched an investigation into the company. Sales remain halted and affected inventory remains under siege, but we are sure that the company is busy shopping itself among potential suitors. Ultimately, we think there are a small number of potential outcomes for the company.