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Roughly a year and a half ago, Canadian marijuana stocks were expected to take the global lead in making cannabis a mainstream product. But despite having this pole position among developed countries, regulatory and operational issues have caused the Canadian pot industry to face-plant . More ...
During the past trading week (February 24 to 28), the ever-struggling CannTrust Holdings (NYSE: CTST ,TSX:TRST) announced that it was racing against a possible delisting. A California-based cannabis player took a major hit after revealing some poor quarterly results, while two Canadian canna...
As recently as last March, marijuana stocks were considered the greatest thing since sliced bread. During the first quarter, pot stocks wound up surging, with more than a dozen ending higher by at least 70%. But the past 11 months have been highlighted by a precipitous decline in marijuana stoc...
There's no sugarcoating it -- marijuana stocks had an awful 2019. A combination of persistent supply issues throughout much of Canada, high tax rates in a number of key U.S. markets, and a resilient black market presence made life very difficult for cannabis stocks last year, with quite a few en...
It has not been a pretty past year for marijuana stocks. Despite ending the first quarter of 2019 on a high note, the industry has (pardon the overused cliché) gone up in smoke ever since . In the largest marijuana market in the world by annual sales, the United States, high tax rates hav...
Last year was expected to be when marijuana stocks proved their worth to Wall Street. Unfortunately, that's not what happened, and investors suffered through the worst year on record for cannabis stocks . To our north, regulatory-based supply problems have wreaked havoc and allowed the black m...
Last year was supposed to be when the cannabis industry demonstrated to Wall Street that it was deserving of its lofty premium and could become profitable on a recurring basis. Of course, hindsight being what it is, we know that didn't happen. Instead, marijuana stocks actually logged their wor...
During the past trading week (February 10 to 14), another Canadian cannabis player made significant staff cuts as the trend of streamlining continues to sweep across the sector. Aurora Cannabis (NYSE: ACB ,TSX:ACB) revealed a drop in its marijuana production in some middling quarterly result...
CannTrust Announces New CEO and Provides Updates on Remediation Plan and New York Stock Exchange Listing Canada NewsWire VAUGHAN, ON, Feb. 13, 2020 Appoints Greg Guyatt as Chief Executive Officer, with Robert Marcovitch remaining as non-executive Chairman VAUGHAN, O...
Over the last few months, marijuana stocks have seen a shift in the market. These changes contribute to the high level of volatility. With many pot stocks working to expand their business, sometimes companies end up growing too fast to support a large demand. When a business assesses its fi...
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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, ...