Wednesday, October 8, 2025

Latest

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 morning that it has managed to see its licenses for its Fenwick, Ontario facility reinstated by Health Canada despite the actions that occurred last year.

The license reinstatement follows the mid-February announcement made by the firm that remediation efforts had been completed and fully submitted for review on February 14, 2020. The firm subsequently submitted similar documentation for its Vaughn, Ontario facility on April 24, 2020.

While the Fenwick facility will see its operations startup again almost immediately, the company has cautioned that it cannot as of yet provided a timeline for when Canntrust products will return to store shelves. This is a direct result of manufacturing functions occurring at the Vaughn facility, for which license reinstatement has not occurred, and more importantly, is not guaranteed.

Canntrust Holdings remains under creditor protection, and as a result, has been delisted from both the TSX as well as the New York Stock Exchange. It currently only trades on the US OTC Markets.

Canntrust Holdings last traded at $0.24 on the OTC.


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.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

CannTrust Found To Have Made Further Shipments of Illegal Product to Denmark

In a news release issued early this morning, CannTrust Holdings’s (TSX: TRST) (NYSE: CTST) European...

Thursday, July 11, 2019, 08:56:33 AM

Bank of America Merrill Lynch Halves CannTrust Price Target to US$3.50

CannTrust Holdings (TSX: TRST) (NYSE:CTST) has begun to see fallout from this mornings announcement that...

Monday, July 8, 2019, 12:04:46 PM

Health Canada Finds Canntrust Holdings Vaughan, Ontario Facility Non-Compliant

Canntrust Holdings (TSX: TRST) (NYSE: CTST) provided a management update this morning related to its...

Monday, August 12, 2019, 09:43:40 AM

Canntrust Holdings Settles With Former Danish Partner Stenocare

Canntrust Holdings (TSX: TRST) (NYSE: CTST) has finally settled with Stenocare of Denmark in relation...

Monday, January 13, 2020, 11:56:13 AM

CannTrust Holdings Receives Notice of Suspension from Health Canada

CannTrust Holdings (TSX: TRST) (NYSE: CTST) announced this afternoon that it has received a Notice...

Tuesday, September 17, 2019, 03:26:30 PM