CTST Stock Falls 4%: CannTrust Eliminates 20% of Workforce
CTST stock is moving lower this morning as CannTrust Holdings (TSX:TRST) (NYSE:CTST) has reduced 180 positions or 20% of its workforce to save as much as $9 million per year. Another Setback While it is ... [Read]
CTST Stock Falls (Again) on Class-Action Suit Regarding Pelham Facility
Brodsky & Smith, LLC today announced that it's investigating various class-action lawsuits against several companies, with one being CannTrust Holdings (TSX:TRST) (NYSE:CTST). On the news, CTST stock dropped nearly 5% in morning trade. Here's what ... [Read]
CTST Stock Falls: Ontario Cannabis Store Returns Pot Worth $2.90 Million
CTST stock fell over 5% in early session on Monday after CannTrust Holdings (TSX:TRST) (NYSE:CTST) said that the Ontario government's cannabis retailer has decided to return all of the company’s products. More Bad News The ... [Read]
CannTrust Stock Up 3.8% Following Cease-Trade Announcement
CannTrust stock is up 3.8% this morning after CannTrust Holdings (TSX:TRST) (NYSE:CTST) announced a cease-trade to deal with regulatory infringements. A Sign of Good Faith The Ontario Securities Commission have approved an order sought by the ... [Read]
CannTrust Stock Slumps 30% on Another Regulatory Setback
CannTrust stock is the biggest pot stock loser on Monday on the news that CannTrust Holdings' (TSX:TRST) (NYSE:CTST) Vaughan, Ontario facility is non-compliant with certain regulations. Another Setback While it is true that the marijuana ... [Read]
CannTrust Stock Tanks 10%: Ontario Securities Commission Investigation
Nothing is going right with CannTrust Holdings (TSX:TRST) (NYSE:CTST) as today, again, CannTrust stock is down over 10% as the Ontario Securities Commission has opened an investigation into the company. Another Setback Cannabis producer CannTrust ... [Read]
CannTrust Stock Moves Up: Will a CannTrust Sale Be Enough?
CannTrust stock is attempting to recover this morning after the recent slump as CannTrust Holdings (TSX:TRST) (NYSE:CTST) has hired Greenhill & Co to assist in a review of strategic alternatives, including an outright sale. Surprising ... [Read]
CannTrust Stock Falls 50% in July: Is Change Coming?
CannTrust stock has lost more than half of its market value since the beginning of July amid continuous news developments related to the company's latest scandal. Let's analyze the fundamentals of CannTrust Holdings (TSX:TRST) (NYSE:CTST). ... [Read]
CannTrust Stock Witnesses Relief Rally Following Management Reshuffle
CannTrust stock is coming back strongly this morning after CannTrust Holdings' (TSX:TRST) (NYSE:CTST) board fired its CEO and forced out its chairman following a regulatory breach. A Relief Rally Cannabis company CannTrust Holdings has been ... [Read]
CannTrust Stock Nosedives: Executives Aware of the Illegal Cultivation
CannTrust stock has been going through a tough time as shares of CannTrust Holdings (TSX:TRST) (NYSE:CTST) slump another 22% to a new low this morning. Major Blow for CannTrust Stock Cannabis company CannTrust Holdings landed ... [Read]