Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (65698)	8/22/2019 8:59:41 AM
From: Goose94	Read Replies (1) \| Respond to of 203382

Can'tTrust (TRST-T) exactly two years after its debut, has fallen beneath its listing price of $2.50. The pot company has lost nearly 66 per cent of its value since early July when it revealed it had broken Canadian regulations by growing cannabis in unlicensed areas of its greenhouse in Pelham, ON. The negative headlines have mounted since then. Chief executive officer Peter Aceto was fired and chairman Eric Paul resigned; securities regulators and police are investigating; auditor KPMG LLP withdrew its reports on the company's year- end and first quarter results; regulators found further breaches at a second facility in Vaughan, ON.; and Ontario's cannabis wholesaler is returning $2.9-million worth of products at the company's expense. Can'tTrust has hired Greenhill & Co. to explore potential alternatives including a sale. The Post reported on Tuesday that at least three senior employees had departed. Unnamed sources say master grower Brady Green, operations manager Cameron Fletcher and vice-president of quality operations Andrea Kirk are no longer with Canntrust.