TORONTO--(BUSINESS WIRE)--Morganti & Co., P.C., a law firm focused on representing investors, announces that it has been contacted by investors to investigate CannTrust Holdings Inc. (TSX: TRST).
The investigation pertains to the Company’s announcement on July 8, 2019 that Health Canada had found its greenhouse facility in Pelham Ontario to be non-compliant with regulations, that CannTrust employees had provided inaccurate information to Health Canada, and that as a result, Health Canada was placing a hold on 5,200 kilograms of its dried cannabis that had been grown in unlicensed rooms from October 2018 to March 2019.
Additionally, CannTrust’s CEO admitted that “mistakes were absolutely made at CannTrust”.
In the wake of these revelations, CannTrust’s shares on the Toronto Stock Exchange have lost over 25% of their value.
Shareholders of CannTrust Holdings Inc. are encouraged to stay informed and protect their rights. Investors who purchased shares of CannTrust on the Toronto Stock Exchange between October 1, 2018 and July 5, 2019 and who wish to discuss the matter should contact Hadi Davarinia of Morganti & Co., P.C. by phone at (647) 344-1900 ext. 5, or by email at firstname.lastname@example.org.
Morganti & Co., P.C. is a law firm that investigates, litigates, and resolves shareholder disputes. You may learn more about the firm at www.morgantico.com.
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