Cannabis Canada Daily: Black market pot entered CannTrust facility last year, sources say BNN Bloo

gb123

Well-Known Member
never left actually :lol:

https://www.bnnbloomberg.ca/cannabis-canada-daily-black-market-pot-entered-canntrust-facility-last-year-sources-say-1.1312481

reliable illegal strains BWAHAHAHA THEY CAN DO IT WITHOUT US! :)

Senior operating staff working at CannTrust’s Pelham, Ont. facility late last year brought cannabis seeds from the black market into production rooms, leading to some illicitly-grown pot flowing into the legal market, according to internal company documents obtained by BNN Bloomberg and four sources directly familiar with the matter. Shares of CannTrust fell as much as 6 per cent after the story was published, although they have mostly recovered since then. Cannabis plants from at least two strains that originated from the black market-sourced seeds entered production rooms where they were fully grown to flower, packaged and sold into the recreational market, according to the sources. Adding cannabis seeds obtained through the black market would have allowed CannTrust to significantly bolster its production at a time when it had overcommitted itself with supply contracts with provinces and other licensed marijuana producers, the sources said. CannTrust spokesperson Jane Shapiro told BNN Bloomberg in an emailed statement that “to the best of our knowledge, no product using seeds from unauthorized external sources was introduced into the market.”

CannTrust lays off 20% of workforce in effort to cut costs

Meanwhile, CannTrust announced late Thursday that the company is laying off 180 staff, roughly 20 per cent of its workforce, following Health Canada’s non-compliance finding in July. The layoffs are expected to provide $9 million in annual cash savings and $2 million in severance costs, the company said. "We remain fully committed to building the organization we need for future success and rebuilding the trust of all of our stakeholders," said CannTrust interim CEO Robert Marcovitch in a statement. A CannTrust spokesperson later told BNN Bloomberg in an email that none of the layoffs were with cause.
 

gb123

Well-Known Member
Oh and by the way folks (::idea::hump:


If ya own any of this stock :idea::idea::idea:
YOU'RE not getting your money back................ EVER
and this company will go down for this. 8-):idea:
No one will be allowed to buy a defucked compnay with NO LICENSE(:
and any fool who thinks otherwise is WELL................ :lol:

just like the fool reporting cannabis
An IDIOT WHO KNOWS SHIT ABOUT CANNABIS BUT loves to sound nice WITH HIS bs NEWS
 
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