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Canntrust Holdings Inc (TRST-T) Quote - Press Releases

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Latest Press Releases

CannTrust Statement Regarding Notice of Product Return at Ontario Cannabis Store
- PR Newswire - Mon Aug 19, 6:15AM CDT
PR Newswire - PRNW
Mon Aug 19, 6:15AM CDT
VAUGHAN, ON , Aug. 19, 2019 /PRNewswire/ - CannTrust Holdings Inc. ("CannTrust" or the "Company", TSX: TRST, NYSE: CTST) has received a notice from the Ontario Cannabis Store (the "OCS"), the Crown corporation in charge of wholesale distribution of cannabis products to licensed cannabis retailers in Ontario and the operator of Ontario's online recreational cannabis store, advising the Company that the OCS has determined certain of the Company's products sold to the OCS are Non-Conforming Products under the terms of the Master Cannabis Supply Agreement between the Company and the OCS (the "Master Agreement") and that the OCS has elected to return these products to the Company.  Under the terms of the Master Agreement, any product that does not comply with applicable law is considered to be Non-Conforming Product and the OCS may elect to exercise its right, among others, to return such product to the Company at the Company's expense.
CannTrust Announces Receipt of Management Cease Trade Order and Provides Interim Update
- PR Newswire - Thu Aug 15, 5:16PM CDT
PR Newswire - PRNW
Thu Aug 15, 5:16PM CDT
VAUGHAN, ON , Aug. 15, 2019 /PRNewswire/ - CannTrust Holdings Inc. ("CannTrust" or the "Company", TSX: TRST, NYSE: CTST) today provided an interim update on various matters.
CannTrust Provides Interim Update
- PR Newswire - Mon Aug 12, 6:15AM CDT
PR Newswire - PRNW
Mon Aug 12, 6:15AM CDT
VAUGHAN, ON , Aug. 12, 2019 /PRNewswire/ - CannTrust Holdings Inc. ("CannTrust" or the "Company", TSX: TRST, NYSE: CTST) provided an interim update concerning certain recent developments affecting the Company.
CannTrust Announces the Withdrawal of Auditors' Report
- PR Newswire - Fri Aug 9, 6:15AM CDT
PR Newswire - PRNW
Fri Aug 9, 6:15AM CDT
VAUGHAN, ON , Aug. 9, 2019 /PRNewswire/ - CannTrust Holdings Inc. ("CannTrust" or the "Company", TSX: TRST, NYSE: CTST) today announced that the Company's independent auditor, KPMG LLP, Chartered Professional Accountants ("KPMG"), has informed the Company that effective August 8, 2019 , it is withdrawing its report dated March 27, 2019 on the Company's consolidated financial statements as at and for the year ended December 31, 2018 and its interim report to the Audit Committee dated May 13, 2019 on the unaudited condensed interim consolidated financial statements as at and for the three month period ended March 31, 2019 (collectively, the "KPMG Reports"), and therefore, the KPMG Reports should no longer be relied upon. KPMG remains CannTrust's independent auditor.  The Company's cooperation with KPMG is being directed by the Company's Audit Committee and a special committee (the "Special Committee") of its board of directors which is conducting an ongoing investigation into various matters.
CannTrust Announces Anticipated Late Filing of Financial Statements and Proposed Management Cease Trade Order
PR Newswire - Thu Aug 1, 4:32PM CDT
PR Newswire - PRNW
Thu Aug 1, 4:32PM CDT
VAUGHAN, ON , Aug. 1, 2019 /PRNewswire/ - CannTrust Holdings Inc. ("CannTrust" or the "Company", TSX: TRST, NYSE: CTST) today announced that it will likely miss its filing deadline (the "Filing Deadline") of August 14, 2019 to file an interim financial report for the three and six month periods ended June 30, 2019 , an interim management's discussion and analysis for the corresponding period and certifications of interim filings ("Q2 Filings").
CannTrust appoints financial advisor for strategic review
PR Newswire - Wed Jul 31, 6:15AM CDT
PR Newswire - PRNW
Wed Jul 31, 6:15AM CDT
VAUGHAN, ON , July 31, 2019 /PRNewswire/ - CannTrust Holdings Inc. ("CannTrust" or the "Company", TSX: TRST, NYSE: CTST) today announced that the special committee (the "Special Committee") of the Company's board of directors has retained Greenhill & Co. Canada Ltd. as the Special Committee's financial advisor, to assist in a review of strategic alternatives. These alternatives could include, among other things, a sale of the Company or a portion thereof, a strategic investment, a business combination, changes to the Company's operations or strategy, or continuing to execute on the Company's current business plan.
Five of the Top Hemp Stocks to Watch in 2019
PR Newswire - Tue Jul 30, 7:50AM CDT
PR Newswire - CMTX
Tue Jul 30, 7:50AM CDT
With the passage of the Farm Bill, hemp will see a significant catalyst for growth. It could see even more growth once the U.S. Department of Agriculture (USDA) introduces federal hemp rules in August 2019, speeding previous plans to roll out the guidelines by 2020. Along the way, it may just create a $39.4 billion market, says Markets and Markets, strong growth from a $10.3 billion valuation in 2018. That's opening a wide range of opportunity for companies including MYM Nutraceuticals Inc. (OTCQB:MYMMF) (CSE:MYM), OrganiGram Holdings Inc. (NASDAQ:OGI) (TSX-V:OGI), Aurora Cannabis Inc. (NYSE:ACB)(TSX:ACB), CannTrust Holdings Inc. (NYSE:CTST), (TSX:TRST) and PharmaCielo Ltd. (OTCPK:PHCEF) (TSX-V:PCLO).
CannTrust Announces Senior Leadership Changes
PR Newswire - Thu Jul 25, 5:16PM CDT
PR Newswire - PRNW
Thu Jul 25, 5:16PM CDT
VAUGHAN, ON , July 25, 2019 /PRNewswire/ - CannTrust Holdings Inc. ("CannTrust" or the "Company", TSX:  TRST , NYSE: CTST) today announced immediate senior management changes and other interim actions based on the ongoing investigation being undertaken by a special committee (the "Special Committee") of its board of directors (the "Board of Directors").
CannTrust Provides Update on Kindred Brokerage Relationship
PR Newswire - Mon Jul 22, 3:30PM CDT
PR Newswire - PRNW
Mon Jul 22, 3:30PM CDT
VAUGHAN, ON , July 22, 2019 /PRNewswire/ - CannTrust Holdings Inc. ("CannTrust" or the "Company", TSX: TRST, NYSE: CTST) announces that as a result of months of discussions, CannTrust has agreed to waive the exclusivity provision under the Brokerage Agreement between CannTrust and Kindred Partners Inc. It is expected that this revised arrangement will over time allow CannTrust to reduce the expenditures incurred by CannTrust under the Brokerage Agreement.
CannTrust Special Committee Update
PR Newswire - Mon Jul 22, 6:15AM CDT
PR Newswire - PRNW
Mon Jul 22, 6:15AM CDT
VAUGHAN, ON , July 22, 2019 /PRNewswire/ - CannTrust Holdings Inc. ("CannTrust" or the "Company", TSX:  TRST , NYSE: CTST) today provided an interim update on the investigation being undertaken by a special committee (the "Special Committee") of its board of directors (the "Board of Directors").

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