Send Lawyers Guns and Money: Canntrust falling apart, short Canopy, long OGI

CORRECTION: I was under the impression that Canntrust had NOT closed that $200M financing, turns out they HAVE closed it, I just missed the news. Since the material information they gave to the market ahead of it was clearly a lie, this only further complicates matters. (Thanks to Max for the heads up.)

No bottom in sight for Canntrust (TSX:TRST)(NYSE:CTST), and they deserve it. Fundamental Hype on the Canntrust smoking gun. Short Canopy (TSX:WEED)(NYSE:CGC), long Organigram(TSX.V:OGI)(NASDAQ:OGI), and we’re going to tell you why.

CAN’T TRUST: CannTrust Products Seized, License Suspension Incoming by Betting Bruiser (twitter.com/BettingBruiser)

Canntrust – CSIing the Blast Crater by GoBlueCDN (twitter.com/gobluecdn) (subscribers only)

CannTrust had already shipped ‘some’ unlicensed cannabis to provinces before Health Canada halt: CEO – Vanmala Subramnaiam (twitter.com/vanmalas)
https://business.financialpost.com/ca…

Health Canada may be the least of Canntrust’s problems – Fundamental Hype (twitter.com/fundamentalhype):

Musical Guests:
De La Soul – Eye Know (Daisy Bass Mix)
Warren Zevon – Lawyers Guns and Money
Warren Zevon – The Sin

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About Braden Maccke 74 Articles
Founder and Editor in Chief at Fundamental Hype, a blog about venture stage finance and the media that supports it.