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CannTrust Holdings Inc (CNTTQ)

OTC Markets
Currency in USD
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0.0000
0.0000(0.00%)
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CNTTQ Comments

...couldn't resist. Costed down @ 3.50...ACB now below 5cdn on a position I'm willing to hold long if need b, but doubt it will go that way.  High beta plays are why I'll never understand folks need for casinos...
It seems like this piasco will be over soon. There are many cases breaching guidelines specially in Cannabis producers. Almost all cannabis producers did go through the authorities fines and extra guidance like Aphria, Namaste, Hexo Cronos. HC wouldn't take CT as a exemplary case due to the nature of the business and the huge impacts on investors eventually. The internal audit and management will take a countermeasures to save 900 jobs and to improve the transparency. It turned out that the law suits also was not successful as it's hard to prove that the extra production was produced at a company level. Holding sales voluntarily during the HC review is also good gesture for the lenient consequences. Hope everything's over soon and recover the loss and reach $11 target soon after this hard time.
Agree.  "Non-compliance" is being treated as an imminent shutdown of the company, when in reality it is an easily remedied (in most cases) technical limbo that can be caused by things as simple as resubmitting paperwork with proper signatures and dates.  This case is a more blatant violation for sure, but the voluntary holds and admission of errors bodes well for them.  This feels a lot like the citron APHA squeeze before the quick recovery from overreaction imo... .
Another 12% discount today is getting pretty hard to resist another cost down regardless of short term outcomes...10x valuation is getting pretty cheap imo for a name with 50m in revs last year and massive growth right around the corner...
good long term buy here. Unless they lose their accreditation with Heslth Canada, this is a great opportunity to buy into a leader in the cannabis sector.
They should at least fine Cann trust and place the Co on a high alert for a period of time. Fine them in the millions at the very least
At an all time low, now whould be good time to buy into. It will rise once again
Now it's 2.68 and dropping
bought some shares at 4,05 for speculation only.
Question we gotta ask is... will HC force the destruction of a Q/Yr inventory of the best product on the market in Canada during the continued national shortage of their own making, or will they just fine TRST with conditions and test everything produced again more thoroughly before releasing it back to market?  Hard to tell when you get into precedent setting in fledgling market conditions...
Heading to 1.35 in a hurry
In a news release issued early this morning, CannTrust Holdings’s (TSX: TRST) (NYSE: CTST) European partner Stenocare announced that further product had been discovered at their facility that came from the illegal grow operation conducted by CannTrust Holdings.
The Schall Law Firm (shareholder rights litigation lawers) is collecting data for the huge compensation due to the illegal operations within the Canntrust. Canntrust exported the unlicensed and unlawfully produced raw materials to Denmark. Hope it doesn't go into a liquidation and imprisonment of the top managements. However, the Health Canada and the relevant authorities will act swiftly. Anyone who had shares last 10 days should approach to the lawyer for the compensation before the liquidation after possible removal of the licence due to the massive breach of the law and regulations.
The share will be under a dollar soon if the company can survive after a severe punishments from various authorities both Canada and US and the compensations and the costs of legal battles with the shareholders who lost huge investments in just a matter of few days. If it's just under a dollar, would take a risk...
It will
This is just ridiculous....
Cdn big 5 Institutional buyer starting to pick up contracts at this price, TD BNS RBC all on orders
Wild west indeed.. i bought call options that expire in a year. Hopefully this doesnt fall down the drain
I think they'll pay off in with that horizon for sure.  MJ aint for the faint, but there's still a plethora of gains to be made here imo
Nick, I gave up trying to reliably trade spec anything with Trump throwing trade wars around like water balloons this summer lol..., but ya, long term the quality of their various subsidiaries products leaves others in the dust.  Ill bet on that.  Still holding but im not costing down anymore until the dust settles a bit
Worst, and absolutely WORST case scenario is that HC pulls their license, throws punitive criminal charges at them as a Corp. and they replace their management team as a whole year's revenue is burned on the pire of federal inefficiency...They still get picked up by a big name for their book and put back to work imo...have your blue chips and div income payers doing your heavy lifting.  this is the wild west.
Stoned assasin? Still think its a steep over reaction???
You guys think this will bounce back snytime soon with all this news about denmark?
Looks like itll head to a dollar range at this point
This is a steep overreaction because markets are shook on trade tensions and lack of fed easing.  Have my ACB on this name down to 5.30 cdn now comfortably.  End of summer imo this name is back to 7-8 cdn barring major hiccups with HC.  TRST, ACB, ****** HEXO, all long term solid names with massive upside. OGI, TTT, KBEV, GGB spec plays with just as much potential.  Brown pants on, but lets be honest...if you're here, and your spending your money on spec dope names you prolly have a closet full of brown pants already.
Buy the dip boys. just picked up 1000 more.  this will all pass.  This is a  good company and will be a major player.
Agreed....however malfeasance like that which caused today's one-day drop of -23% of value questions the trustworthiness of it's officers; and casts aspersions on the MJ industry as a whole.
"Previously Unlicenced Growing Rooms" sooooo now HC has 5k Kilos on hold and the market ***pants over it lol  I reupped at $5.05 cdn.  The growers these guys bought. ( Liiv, peak leaf, syner.g, xscape) have the best ****on market in CDN Rn. New batches in store confirm this. Hands down. Patience will make gains here at these prices imo
they also seized 8000 Kg from other facility and they sealed the 5 growing rooms. so 130000 kg lost and 5 rooms less to grow in the future... +damaged rep +loss in patients ...
y down over 20 percent
Soon will sky rocket to test the 10 again after bad earnings. by september it will break it I believe
Insider says there's a nice development in the pipe as we speak,  "letter of intent" stage but a good direction for the name... should be good for a pop whenever it's announced, re-upped today @ 6.57.
What was it? It looks like we're being "piped".
topicals.  This news today blows but doesn't change my position.  Reupped long @ 5.05 today.  C how it goes...
Also, if I hadn't been a smoker for as long as I have with as strong a disregard for low grade flower I would have bailed on this name a while back lol.  Quality is what makes and breaks in any market, more so in a consumable commodity.  The black market for ******has proved this for decades.  Provided this name can stay liquid through the growing pains ("previously unlicenced" indicates future production from this space should execute smoothly) I'm betting that they're viable long term with strong short term upside if they can turn profit next month or announce partnership moves.  Do your own Due Diligence as always... This is the only non div paying name I'm in rn with Trump at the helm, so I can afford more volatility here as it's not a full position, but I'm willing to play.
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