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COVID-19 continued to impact the marijuana industry this week, with more companies reacting to the spread of the virus. Many cannabis-focused firms have announced layoffs and other operational changes as a result of the coronavirus; on a larger scale, an increasing number of areas in t...
COVID-19 Could Further Delay Efforts to Reinstate Cannabis Licenses VAUGHAN, ON , March 23, 2020 /PRNewswire/ - CannTrust Holdings Inc. ("CannTrust" or the "Company", TSX: TRST, NYSE: CTST) announced today that it received a notification from Health Canada as a result of cur...
The cannabis industry is undergoing a lot of change, especially in the Canadian market. Pot stocks have been taking a beating, with the Horizons Marijuana Life Sciences ETF down more than 50% in just six months. Changes are necessary, and they're coming. Here are three of the biggest...
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...
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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, ...