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CNTTQ (CannTrust Holdings Inc.) is no longer actively trading.
This usually means the company was acquired and taken private, delisted from its exchange, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
The Cannabis Cultivation market report covers market characteristics, size & growth, segmentation, regional & country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. The Cannabis Cultivation market report covers market characteristics, size & growth, segmentation, regional & country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
CannTrust Holdings Inc., a Canadian licensed cannabis producer, with a portfolio of brands including estora, Liiv, Synr.g and XSCAPE, announced on Thursday that its Fourth Amended & Restated Plan of Compromise, Arrangement and Reorganization plan (CCAA) dated July 7, 2021, has been implemented. “The Company has contributed $50 million to a trust established to facilitate the class action settlements in full satisfaction of the actions against it and $2.7 million in trust for settlement of various claims under its CCAA proceedings,” announced the firm in a press release.
CannTrust Holdings Inc. said Thursday it's developing an "orderly wind-down plan" to maximize the value of its assets, because the company does not have sufficient liquidity to operate beyond the near term. The wind-down plan would be used if a financing or strategic transaction option cannot be finalized by the Canadian cannabis producer.
VAUGHAN, ON, July 16, 2021 /PRNewswire/ - CannTrust Holdings Inc. ("CannTrust" or the "Company") (unlisted) announced today that its Fourth Amended & Restated Plan of Compromise, Arrangement and Reorganization dated July 7, 2021 (the "CCAA Plan") was sanctioned by the Ontario Superior Court of Justice (the "Court") in connection with the Company's restructuring proceedings under the Companies' Creditors Arrangement Act (the "CCAA"). Implementation of the CCAA Plan remains subject to a number of conditions, including the U.S. Approval Order being entered in the U.S. Class Action and the expiration of applicable appeal periods.
VAUGHAN, ON, April 30, 2021 /PRNewswire/ - CannTrust Holdings Inc. ("CannTrust" or the "Company") (unlisted) announced today that it has obtained approval from the Ontario Superior Court of Justice (Commercial List) under the Companies' Creditors Arrangement Act (Canada) (the "CCAA") for the Company's previously announced "debtor-in-possession" ("DIP") and CCAA Exit Credit Facility ("Credit Facility") arranged and agented by Cortland Credit Lending Corporation. As announced by the Company on April 20, 2021, the Credit Facility consists of a revolving loan under which repayments and additional drawdowns will be permitted from time to time, provided that the amounts owing under the Credit Facility shall not exceed the Borrowing Limit of C$22.5 million.
VAUGHAN, ON, April 30, 2021 /PRNewswire/ - CannTrust Holdings Inc. ("CannTrust" or the "Company") (unlisted) announced today that CannTrust and KPMG LLP ("KPMG") have agreed that KPMG will not be completing the audits for the Company's restated financial statements for the years ended December 31, 2018 and 2019 and will not stand for reappointment as the Company's independent auditor for the Company's financial statements for the year ended December 31, 2020. KPMG has been the Company's independent auditor since December 21, 2018 and, on August 8, 2019, KPMG withdrew its report dated March 27, 2019 on the Company's financial statements for the year ended December 31, 2018 and its interim report to the Audit Committee dated May 13, 2019 on the interim financial statements for the three months ended March 31, 2019.
VAUGHAN, ON, Jan. 29, 2021 /PRNewswire/ - CannTrust Holdings Inc. ("CannTrust" or the "Company") today announced the issuance of a CCAA Representation Order by the Ontario Superior Court of Justice subject to proceedings under Canada's Companies' Creditors Arrangement Act ("CCAA")....
Rising High: CannTrust obtains order under CCAA as firms report earnings CTST CRON GNLN HEXO MEDIF APHA OGI MJARF ACB CVSI CGC CANN IGC TLRY TCNNF ZYNE
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