SAN DIEGO, July 8, 2019 /PRNewswire/ -- Shareholder
Rights Law Firm Johnson Fistel, LLP, is investigating potential
claims against CannTrust Holdings Inc. ("CannTrust") (NYSE: CTST)
for violations of federal securities laws. CannTrust produces and
distributes medical and recreational cannabis in Canada.
On July 8, 2019, CannTrust
announced its greenhouse facility in Pelham, Ontario, was audited by Health
Canada and found "non-compliant." Health Canada has placed a hold
on 5,200 kilograms of dried cannabis that was harvested from five
unlicensed rooms at the facility until it deems CannTrust compliant
with regulations. Additionally, CannTrust said that it had
instituted a voluntary hold on 7,500 kilograms of dried cannabis
that was produced in the unlicensed rooms.
Following this news, CannTrust stock fell 19% in pre-market
trading on July 8, 2019.
If you lost money, realized or unrealized on your CannTrust
investment, and are interested in learning more about
the investigation or your legal rights and remedies, please contact
Jim Baker
(jimb@johnsonfistel.com) by email or phone at 619-814-4471. If
emailing, please include a phone number.
Additionally, you can [click here to join this
action]. There is no cost or obligation to you.
About Johnson Fistel,
LLP:
Johnson Fistel, LLP is a nationally
recognized shareholder rights law firm with offices in California, New
York, and Georgia. The firm
represents individual and institutional investors in shareholder
derivative and securities class action lawsuits. For more
information about the firm and its attorneys, please visit
http://www.johnsonfistel.com. Attorney advertising. Past results do
not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com
[click here to join this action]
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SOURCE Johnson Fistel, LLP