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Tag Archive: CannTrust

CannTrust Cuts 20% Of Staff As New Revelations Fuel Scandal

Embattled Canadian cannabis producer CannTrust laid off 20% of its staff—approximately 180 people—on Thursday as fallout from its cultivation violations continues apace. Continue reading →

Posted in News on September 10, 2019

Cannabis Briefs for August 20, 2019

•Beverage industry veterans Rebecca Running and Sommer Walker have released the first wave of products for their new brand, Grateful Sparkling Hemp-Infused Water. Continue reading →

Posted in News on August 20, 2019

With Sales Rising, Aphria Eyes Potential Play For CannTrust

After posting robust sales growth for its fiscal year ended in May, Canadian cannabis producer Aphria has expansion on its mind. Continue reading →

Posted in News on August 6, 2019

Cannabis Briefs for July 30, 2019

•Senator Kamala Harris and Representative Jerry Nadler have unveiled a new bill that would decriminalize cannabis at the federal level, remove it from the controlled substances list, and set up an “Opportunity Trust Fund” to offer grants for community reinvestment and small business loans. Continue reading →

Posted in News on July 30, 2019

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

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