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Tag Archive: CannTrust

CannTrust Puts Sales, Shipments On Hold As Regulators Review Operations

One of Canada’s largest cannabis producers, CannTrust, has placed a voluntary hold on sales and shipments of all its products after regulator Health Canada recently discovered that some of its cannabis was grown in unlicensed areas. Continue reading →

Posted in News on July 16, 2019

Cronos and Canntrust Report Rising Revenue and Costs

Both Cronos and CannTrust reported earnings recently for the first quarter of 2019, and in both cases, revenue rose but so did costs. Continue reading →

Posted in News on May 14, 2019

CannTrust, Cronos See Sales Rise, But Costs Hit Bottom Line

Canadian cannabis firms CannTrust and Cronos both enjoyed increasing sales in their respective fiscal years ended in December, although investment costs took a toll on earnings. Continue reading →

Posted in News on April 2, 2019

Interview: David Prodanovic, Vice President-General Manager, Kindred Canada

In its core business, third-ranked U.S. spirits and wine wholesaler Breakthru Beverage has projected revenues of $5.4 billion this year, according to Shanken’s Impact Newsletter.   Continue reading →

Posted in News on March 26, 2019

Major Drinks Players Plot Their Strategies In The Cannabis Industry

With cannabis rapidly emerging as a blockbuster consumer category, top companies across the drinks landscape are diving in enthusiastically. Continue reading →

Posted in News on January 29, 2019

News Briefs for October 18, 2018

•Following the October 17 legalization of recreational marijuana in Canada, Breakthru Beverage Group Canadian subsidiary and cannabis sales brokerage arm Kindred Partners Inc. has named David Prodanovic as general manager. Continue reading →

Posted in News on October 18, 2018

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