CannTrust Stock Hits a New Low After Cannabis License Suspended

CannTrust stock

CannTrust stock continues to move lower for the second straight session and falls another 8%, extending yesterday’s fall of 14%. CannTrust Holdings (TSX:TRST) (NYSE:CTST) saw heavy selling pressure late Tuesday after Health Canada suspended the company’s license to produce and sell cannabis.

Major Blow for Investors

The marijuana sector has gone through a lot of pain over the course of the past few months, and many stocks have been beaten down considerably during this period. However, nothing can quite compare to the troubles that have engulfed Canadian cannabis operator CannTrust Holdings over the past few months. ...

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