Did Regulators Let CannTrust (TSX:TRST) Get Off Too Easy?

CannTrust Holdings (TSX:TRST)(NYSE:CTST) shrouded the cannabis industry in scandal after authorities found secret grow rooms and unauthorized inventory in CannTrust facilities. Illegal marijuana producers use similar tactics to distribute the product in the black market. The news brought the stock down from its 52-week high of $15.50 to the current price of $1.20. Legalizing an entire industry presents many challenges,…

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Why CannTrust (TSX:TRST) Stock Fell 35% in September

Several stocks in the cannabis sector have lost considerable market value in the last 12 months. Investor optimism drove cannabis shares towards record highs prior to marijuana legalization for recreational use in Canada. Soon after, investors started to sweat over the valuations of cannabis stocks, sending them spiraling downwards. But few stocks have burnt investor money as CannTrust (TSX:TRST)(NYSE:CTST) has…

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Why You’re Better off Buying Lottery Tickets Than Buying Shares of CannTrust (TSX:TRST)

In September, we learned that Health Canada was suspending CannTrust Holdings Inc‘s (TSX:TRST)(NYSE:CTST) licence to sell cannabis. The decision wasn’t a big surprise given all the scandals surrounding the company. Since that time, the stock has gone on to plummet even further in price, falling below $1.50 at writing. The $13 that the stock traded at earlier in the year…

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Can You Trust CannTrust (TSX:TRST)?

It is pretty ironic that a company named CannTrust (TSX:TRST)(NYSE:CTST) broke the trust of its investors. Health Canada suspended CannTrust’s licence to grow marijuana after reports that it illegally grew weed in unlicensed rooms. This scandal lead to the firing of the CEO and many other senior management. At the end of the day, though, I am willing to forgive CannTrust…

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Health Canada Gave CannTrust (TSX:TRST) a Lifeline: Could the Stock Recover?

Troubled cannabis stock CannTrust Holdings (TSX:TRST)(NYSE:CTST) is battling for survival after illegally growing cannabis in the latest scandal to rock the Canadian marijuana industry. Instead of a straight licence revocation for the violation, Health Canada partially suspended the company’s sales and processing licences, and there are hints for their potential reinstatement once the cause for suspension is no longer present.…

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Will CannTrust (TSX:TRST) Stock Fall Below $1?

Shares of Canada’s cannabis company, CannTrust (TSX:TRST)(NYSE:CTST) rose close to 2% yesterday. The stock is trading at $1.72 per share, which is a whopping 89% below its 52-week high of $15.5. CannTrust has burnt significant investor wealth due to regulatory concerns. The company was accused of producing cannabis in unlicensed facilities, which led to parallel investigations from two regulatory bodies.…

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3 Cannabis Companies Have Now Had Their Licenses Suspended by Health Canada This Year

It’s getting close to the one-year mark for the cannabis industry, and we’ve already seen multiple companies run into issues with Health Canada. Earlier this year, we even saw a cannabis company be the first to get its licence revoked. And yesterday, we learned that CannTrust Holdings (TSX:TRST)(NYSE:CTST) would also have its licence to produce and sell both medical and recreational…

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Why Holding Weed Stocks in Your RRSP Could Destroy Your Retirement

Marijuana stocks have been the TSX success story of the decade. At a time when Canadian stocks as a whole have delivered tepid returns, marijuana stocks have beaten the market by leaps and bounds, even when you account for their frequent downturns. There’s no denying that marijuana stocks can make you a lot of money when times are good. In…

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Why CannTrust Holdings’s (TSX:TRST) Stock Price Fell 19.9% in August

Crisis-stricken cannabis stock CannTrust Holdings (TSX:TRST)(NYSE:CTST) continued to tumble a further 19.86% during the month of August, as new “incriminating” details in the latest and probably biggest marijuana industry scandal emerged during the past month. Since the July exposure of illegal growing of cannabis in unlicensed rooms and the voluntary hold on 7,500 kilograms of marijuana after a 5,200 kilogram…

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Investors: 2 Risky Cannabis Stocks You Need to Avoid

Yesterday, I wrote about why cannabis stocks might be attractive to investors. The upcoming legalization of edibles is likely to drive investor optimism and might boost cannabis stocks. But there are always stocks that are risky to invest in. Let’s look at a couple of them here. CannTrust Holdings CannTrust Holdings (TSX:TRST)(NYSE:CTST) is one such risky stock among cannabis companies.…

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