11K Lbs Of CannTrust’s Cannabis On Hold After Health Canada Finds Unlicensed Growing

The growing took place from October 2018 to March 2019

Shares in CannTrust Holdings Inc. fell after the cannabis producer said Health Canada has ruled that the company’s greenhouse facility in Pelham, Ont., is not in compliance with certain regulations and warned of temporary product shortages.

The shares were down $1.06 or about 16 per cent at $5.40 in early trading on the Toronto Stock Exchange after falling as low at $5.03 just after the market opened.

The company said Monday the rating was based on observations by the regulator regarding the growing of cannabis in five unlicensed rooms and inaccurate information provided to Health Canada.

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