BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of CannTrust Holdings Inc. (“CannTrust” or the “Company”) (NYSE: CTST) investors concerning the Company and its officers’ possible violations of federal securities laws.
On July 8, 2019, the Company announced that a recent audit by Health Canada had found one of its greenhouse facilities non-compliant. Health Canada placed a hold on 5200 kilograms of dried cannabis harvested from the unlicensed rooms, along with an additional 7500 kilograms voluntarily held by the Company, until the facility becomes compliant with regulations.
On this news, the Company’s share price fell as much as 21% during intraday trading on July 8, 2019, thereby injuring investors.
If you purchased CannTrust securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.
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