Saturday, July 5, 2025

Latest

Canntrust Cannabis Products To Return To Retailers This Month

In an announcement that will most certainly enrage countless legacy cannabis consumers and growers, Canntrust Holdings (OTC: CNTTQ) this morning announced that it is returning to the Canadian marketplace. Products under the firms brands Liiv and Synr.g are anticipated to hit retailer shelves this month, with further products to be made available early in the new year.

While the company is currently focused on relaunching itself within the Canadian recreational cannabis market, it also remains focused on medical consumers, with a full line of medical products to be relaunched “in the near future.”

While products have returned to market, the company continues to indicate that it remains under CCAA protections, a form of bankruptcy for large corporations, while it continues to resolve civil litigation and conduct a strategic review. The firm has reportedly terminated a significant portion of its employees to cut costs while revenues were non-existent as it worked to satisfy matters with Health Canada.

The return to market for Canntrust effectively puts a cap on much of the regulatory drama that ensued following the discovery in 2019 that the company was growing cannabis illegally in unlicensed space at its facilities in southern Ontario. Despite the findings being made in early July 2019, licenses held by the company were not formally suspended until September 2019, which were subsequently reinstated in May and August this year. It’s unclear if any criminal charges were laid against the former management of the company.

Canntrust Holdings last traded at US$0.17 on the OTC Markets.


Information for this briefing was found via Sedar and CannTrust Holdings Inc. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

One Response

  1. Hello mr. LUTZ
    Do you know if canntrust will leave CCAA in January?
    Bad things happen to companies but also great things can come out of it.
    When do they start medical marijuana sales again?
    Can you in any way talk to Guyatt?
    Ask him if it’s going to be alright sense the scandal.
    Thank you
    Chris legore
    cblegore@gmail.com

Video Articles

Dundee Acquires Adriatic Metals: The Balkan Growth Strategy

Gold Drilling Scaled to 60,000 Meters: How Big Can This Get? | Roger Rosmus – Goliath Resources

Baselode Energy To Acquire Forum Energy: The Merger Of Equals Deal

Recommended

Antimony Resources Drills 4.17% Antimony Over 7.4 Metres At Bald Hill

ESGold To Expand Mine Building At Montauban In Advance Of Gold & Silver Production

Related News

CannTrust Loses European Partner STENOCARE

Another blow has come to CannTrust today when they found out Danish partner STENOCARE has...

Thursday, September 19, 2019, 12:07:53 PM

Canntrust Obtains Creditor Protection, Anticipates TSX, NYSE Delisting

Canntrust Holdings (TSX: TRST) (NYSE: CTST) this morning announced that it has entered into creditor...

Tuesday, March 31, 2020, 11:05:39 AM

Bonify Holdings Reinstated: Is There Now Hope For Canntrust Holdings?

There might be hope for Canntrust Holdings (TSX: TRST) (NYSE: CTST) and its shareholders after...

Wednesday, October 23, 2019, 06:03:04 PM

CannTrust to be Dropped From the S&P/TSX Composite

Yesterday the Globe and Mail reported that CannTrust Holdings is expected to be dropped from...

Tuesday, September 3, 2019, 09:02:28 AM

Canntrust Holdings Sees Health Canada Reinstate Cannabis Licenses At Fenwick Facility

Canntrust Holdings (OTC: CTST) appears to, somehow, be on the mend. The company announced this...

Friday, May 29, 2020, 08:02:15 AM