Deals

CannTrust Is in Discussions With Beverage Companies Over Pot

  • Canadian cannabis company plans to list on a U.S. exchange
  • Expect ‘some major deal in the next 60 days,’ chairman says
Photographer: David Ryder/Bloomberg
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CannTrust Holdings Inc. is in active discussions with potential partners in the beverage, cosmetics and food industries and expects to announce a deal in the next two months, according to the cannabis company’s chairman.

“I would be really in shock if we don’t announce some major deal in the next 60 days,” Eric Paul said in a phone interview. Toronto-listed CannTrust also plans to trade on a major U.S. exchange shortly, he added.