CannTrust to Destroy $65M of Inventory as Part of Remediation Plan

Ganjapreneur
By TG BranfaltOct 15, 2019, 10:17 am171 pts
CannTrust Holdings Inc. is set to destroy about $65 million worth of inventory and $12 million worth of biological assets that were not authorized by the company’s Health Canada cannabis cultivation license. The assets’ destruction is part of the firm’s remediation plan and necessary in order for the…

Read Article Share
Share Article
- email
- twitter
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on NewsBudz

Republican Candidate For Wisconsin Governor Says He’s ‘Open’ To Marijuana Legalization 71

Feds Accuse State-Licensed Marijuana Farm Of Employing Minors, As White House Dismisses Criticism Of Raid 71

New Pennsylvania Proposal Seeks to Legalize Adult-Use Cannabis 68

Senate Spending Bill Would Federally Ban Intoxicating Hemp Products After One Year 67

Weak Michigan Cannabis Sales in June 66

Trulieve Partners With Redemption Cannabis to Launch Purpose-Led Products in West Virginia 64

More than $1 billion in medical cannabis registrations from Veterans Affairs Canada 64

ICE Raids at 2 Glass House Cannabis Farms Pit Protesters Against Rubber Bullets, Smoke Grenades 62

About NewsBudz

NewsBudz is your go-to app for daily cannabis news, covering everything from medical marijuana breakthroughs to recreational cannabis trends and legalization updates.

Our platform aggregates content from over 30 top-tier cannabis news outlets to deliver a curated stream of the latest headlines, insights, and developments across the marijuana and hemp industries.

Whether you're interested in policy reform, health research, cannabis business, CBD, delta 9 products or lifestyle stories, NewsBudz keeps you informed and connected. Accessible on the web and mobile, NewsBudz makes it easy to explore, read, and share cannabis news anytime, anywhere.