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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (67882)	9/18/2019 9:11:14 AM
From: Goose94	Read Replies (1) of 203330

Can'tTrust (TRST-T) shares plumbed new depths yesterday after the scandal-plagued cannabis producer disclosed its licences have been suspended by Health Canada (albeit while allowing the company to continue with certain cultivation and harvesting activities). Have to keep in mind CannTrust voluntarily halted sales and shipments on July 11, so it’s worth considering the practical implications of yesterday’s events. Specifically: -Depending on how long the suspensions remain in place, could there be additional job cuts above and beyond the recent 20 per cent workforce reduction? On that front: check out Jon Erlichman’s interview with whistleblower Nick Lalonde, who says the suspensions are “just not fair” to CannTrust employees. -What are the implications for CannTrust’s strategic review and potential asset sales? If you missed it, check out ex-Canopy chairman Bruce Linton’s comments yesterday on BNN.ca about how that process could play out. And from a symbolic standpoint, we’ll assess how this will resonate across the cannabis industry. BNN.ca

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