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One year ago, there weren't many investments hotter than cannabis . Our neighbor to the north, Canada, had just launched recreationally legal weed sales two weeks prior (Oct. 17, 2018), and Wall Street's sales estimates for North American cannabis were steadily rising. But oh, how times have c...
October 29, 2019 Palm Beach, FL – October 29, 2019 — The long-term cannabis growth story is still intact. Canada legalized cannabis use in 2018, and just legalized derivatives as part of Cannabis 2.0. More U.S. states are approving it. Many more Americans are...
Cannabis is likely to be one of the fastest growing industries over the next five to 10 years. The State of the Legal Cannabis Markets report from Arcview Market Research and BDS Analytics suggests it's an industry that could see worldwide sales nearly quadruple from $10.9 billion to $40.6 b...
The cannabis industry has been left reeling recently after major players in the space announced large workforce reductions. The layoffs came amid slow retail rollouts, industry scandals and poor quarterly results, which have weighed down the beleaguered sector. Last Thursday (October 24) s...
CannTrust stock is trading down on Monday after John Kaden, a member of CannTrust Holdings’ (TSX:TRST) (NYSE:CTST) board of directors, stepped down from his position as Director as the company remains embroiled in licensing issues. A Year of Scandal and Controversy CannTrust...
Given the unpopularity of marijuana stocks these past few months, it's a relief when the rare piece of good news filters down into the industry. This happened last week, with official statistics in Canada -- one of the only countries in the world where recreational marijuana is legal nationwid...
At this time last year, cannabis stocks could do no wrong . That's because Canada had just become the first industrialized country in the world to legalize recreational marijuana on Oct. 17, 2018. Between this milestone legalization and a steady progression of U.S. states giving cannabis the gr...
With Remediation Plan in Place, Company is Focused Upon Board Renewal VAUGHAN, ON , Oct. 28, 2019 /PRNewswire/ – CannTrust Holdings Inc. ("CannTrust" or "the Company", TSX: TRST, NYSE: CTST) announced that, following both the recent submission of its detailed remediation...
At this time last year, the marijuana industry could do no wrong. On Oct. 17, 2018, Canada became the first industrialized country to greenlight cannabis, which built on momentum in the United States, which has witnessed 33 states pass medical cannabis laws to some varied degree. The sky appeare...
CannTrust stock is leading the cannabis sector lower on Friday after CannTrust Holdings (TSX:TRST) (NYSE:CTST) said that it will reduce its workforce by 25%, or roughly 140 people. Key Details Canadian cannabis company CannTrust Holdings has been in all sorts of trouble ever since it wa...
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CannTrust Extends Time to Call Annual General Meeting Canada NewsWire VAUGHAN, ON , July 7, 2022 /CNW/ - CannTrust Holdings Inc. ("CannTrust" or the "Company") (unlisted), today announced that the Ontario Superior Court of Justice granted an order ex...
CannTrust Applies to Ontario Court to Extend Time for Annual General Meeting and Provides Update Regarding Strategic Review Canada NewsWire VAUGHAN, ON , June 23, 2022 /CNW/ - CannTrust Holdings Inc. (the "Company" or "CannTrust") (unlisted), minority inv...
CannTrust Announces New Investment Partners, Provides Timeline for CCAA Exit Canada NewsWire VAUGHAN, ON , Feb. 25, 2022 /CNW/ – CannTrust Holdings Inc. ("CannTrust" or the "Company") (unlisted) today announced that it has secured new investment partners, ...