A big rumor has once again shaken the cannabis market today. According to Bnnbloomberg, CannTrust would have obtained illegal cannabis seeds to successfully reach their supply agreement with the provinces.
So, thousands of illegal plants would have found themselves in the legal market in the last few months. The company said in a statement that it was not aware of this situation.
This situation again aggravates the situation of the company that has just laid off several hundred employees.
The stock, which peaked at $ 15.50, now trades at $ 2.27.
Although it is quite risky at this stage, buying shares can pay off if the company is successful in getting out of this situation by recovering its licenses and restarting production.
This article is written and published by The Cannabis Stock
Disclaimer : The Cannabis Stock wants to promote the cannabis market with the best publication on the market. The Cannabis Stock does not recommend selling or buying any of the company mentioned and is not responsible for any losses that may result.