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 had already shipped ‘some’ unlicensed cannabis to provinces before Health Canada halt: CEO – Vanmala Subramnaiam (twitter.com/vanmalas)
Health Canada may be the least of Canntrust’s problems – Fundamental Hype (twitter.com/fundamentalhype):
De La Soul – Eye Know (Daisy Bass Mix)
Warren Zevon – Lawyers Guns and Money
Warren Zevon – The Sin