Notable News Spotlight: CannTrust Holdings Inc. (NYSE: CTST)

The company lost at -2.80% in past week and declined with -38.10% in one month. During the past three-month duration the stock dropped of -66.56% and reduced at -86.08% in previous six month.

CannTrust Holdings Inc. (NYSE: CTST) on FRIDAY trading duration with closing rate of $1.04. The companys last traded volume of 1264493 shares vs to a typical volume of 3996.97 K shares. The stock as of last trading session moved at 0.97% from its 52-week low and was trading at -91.31% to its 52-week high.

The stock as of last trading session moved at 0.97% from its 52-week low and was trading at -91.31% to its 52-week high.

CannTrust Holdings Inc. (CTST) reported that it continues to make important progress on its commitment to take any and all actions needed to both bring the Company into complete regulatory compliance and look for the complete reinstatement of its licenses.

Throughout the twelve month it fell at -89.48% and year to date performance of -78.44%. The business lost at -2.80% in previous week and decreased with -38.10% in one month. Throughout the past three-month period the stock dropped of -66.56% and decreased at -86.08% in previous 6 month.

Steps to ensure that cannabis will be produced and dispersed only as licensed, consisting of procedures to manage the motion of marijuana in and out of CannTrusts site;
Measures to recover cannabis that was not licensed by CannTrusts license;
Procedures to improve key workerss understanding of, and compliance with the provisions of the Act and the Regulations that use to CannTrust; and,
Steps for improving the manner in which records are kept, including a strategy to enhance the inventory tracking, and any interim measures to ensure that details supplied to Health Canada can be fixed up.

The Company will not challenge Health Canadas partial suspensions and stays focused on working collaboratively and transparently with the regulator to attend to the Companys non-compliance matters. In pursuit of this objective, the Company has supplied Health Canada with an overview of its proposed remediation method.

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Clarence Franklin

Clarence Franklin – Healthcare I am Clarence Franklin and I focus on breaking news stories and ensuring we (“TOP MAGAZINE WIRE”) offer timely reporting on some of the most recent stories released through market wires about “Healthcare” sector companies. I have formerly spent over 7 years as a trader in U.S. Stock Market and is now semi-stepped down.

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