While Canadian investors digested their Thanksgiving turkey, CannTrust (TRST.T) announced that it has “destroyed approximately $12 million of biological assets and approximately $65 million worth of inventory that was…
Health Canada
Turns out running an illegal drug operation out of your legal, licensed drug operation isn’t such a good business model. Health Canada announced today what many had long assumed…
There’s no easy way to quit smoking. Studies report that the nicotine patch doesn’t work without regular medical assistance, nicotine gums are ineffective, and chemical assistance comes with a…
Earlier this week, a subsidiary of Lexaria Bioscience (LXX.C) received a R&D license from Health Canada, prompting the question, ‘we have those?’ “You were as surprised as we were,” said…
KPMG, CannTrust’s (TRST.T) independent auditor since 2018, has retracted its consolidated 2018 and Q1 2019 report on the company’s financial statements. The company has spent the last month reeling from…
It’s like clockwork, every damn Friday afternoon. I think I’m getting out early to enjoy the weekend, anticipating the chance to get shittered on negronis, only for Health Canada…
There’s a difference between incompetence and criminality. Incompetence is “What? That’s weed? I thought those were tomato seeds!” Criminality is “1) RG8 is not licenced but has plants in…
It’s ironic (in a bad way) that CannTrust (TRST.T) has the word “trust” embedded in its name – because that concept is now flushed down the toilet. If you’ve…
The investigation via special committee of CannTrust Holdings’ (TRST.C) non-compliance with Health Canada mandated regulations is ongoing, with further information regarding the committee’s membership now available. On July 11,…
The precedent has been set. When Ascent Industries (ASNT.C) lost its Canadian LP licensing over product that had allegedly found its way into the grey market, the regulators at…