CannTrust was recently found non-compliant after growing pot in unlicensed rooms, which resulted in the biggest single-day drop in company history.
Canadian cannabis producer CannTrust Holdings spiked as much as 23% on Friday after ousting its CEO and forcing its president to resign amid an investigation into its unlicensed pot greenrooms. Health Canada found the company non-compliant in early July for growing pot in unapproved rooms hidden behind false walls. CannTrust told customers and patients they will experience temporary shortages in product as it explores other production options. Watch CannTrust trade live here.
Canadian cannabis producer CannTrust Holdings spiked as much as 23% on Friday after ousting its CEO and forcing its president to resign amid an investigation into its unlicensed pot greenrooms. Health Canada found the company non-compliant in early July for growing pot in unapproved rooms hidden behind false walls. CannTrust told customers and patients they will experience temporary shortages in product as it explores other production options. Watch CannTrust trade live here.
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