Tvt News

Breaking News

CannTrust’s Vaughan cannabis facility found non-compliant by Health Canada

Canadian health regulator rated CannTrust Holdings Inc’s Vaughan, Ontario facility non-compliant with some rules, the cannabis company said on Monday, just over a month after Health Canada found unlicensed pot cultivation at another of the firm’s sites.

CannTrust said it was notified on Friday, and has accepted the Canadian health regulator’s findings. It also said remedial actions are underway.

U.S.-listed shares of cannabis grower down 25.9 per cent premarket at $2.35.

More to come …

Comments

Join the conversation

New deal beats offer by Montreal real estate developer
Already owns about 51 per cent of Canfor’s shares
Toban Dyck: When U.S. soybean futures take a hit, Canadian farmers take that same hit save for one key difference: no government bailouts
Output in the quarter jumped nearly 27 per cent to 1.35 million ounces

Read More