CannTrust Slides as Regulator Investigates Canadian Pot Firm
- CannTrust says it’s likely to miss Aug. 14 filing deadline
- Police seconded to Ontario’s Joint Serious Offences Team
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CannTrust Holdings Inc. slid after securities regulators opened an investigation into the Canadian cannabis producer following a breach of growing rules.
Shares fell fell 4.8% to C$2.73 at 9:41 a.m. in Toronto on Friday. The Ontario Securities Commission has advised the special committee of CannTrust’s board that it’s investigating “matters and parties related to CannTrust,” the company said Thursday.