CTST - CannTrust Holdings Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
2.7100
-0.0600 (-2.17%)
As of 12:13PM EDT. Market open.
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Previous Close2.7700
Open2.8000
Bid2.7100 x 41800
Ask2.7200 x 4000
Day's Range2.7000 - 2.8300
52 Week Range2.4300 - 11.9740
Volume1,369,799
Avg. Volume4,081,950
Market Cap383.522M
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • TheStreet.com5 hours ago

    CannTrust Falls After Announcing Ongoing Investigation Into Health Canada Ruling

    The company forms a special committee to investigate the compliance report that shut down a greenhouse facility.

  • MarketWatch5 hours ago

    CannTrust investigation into non-compliance with Health Canada regulations is 'ongoing'

    The U.S.-listed shares of CannTrust Holdings Inc. rose 2.9% in premarket trading Monday, after the Canada-based cannabis company said the investigation into a non-compliance report from Health Canada by the special committee formed by the board of directors is "ongoing." The company said it filed a response to Health Canada on July 17, and is awaiting a response. CannTrust said the expected impact of the non-compliance matters on financial results is "unknown" at this time. "Although we want to move as quickly as possible, we are mindful of the critical need to be thorough," said Robert Marcovitch, the special committee's chairman. "We are determined to identify the root causes for all non-compliance issues, to take appropriate actions to address and remediate any issues with the company's compliance culture and to restore trust in the company." CannTrust's stock has plunged 62.3% over the past three months through Friday, while the AdvisorShares Pure Cannabis ETF has lost 15.5% and the S&P 500 has gained 2.4%.

  • PR Newswire5 hours ago

    CannTrust Special Committee Update

    VAUGHAN, ON, July 22, 2019 /PRNewswire/ - CannTrust Holdings Inc. ("CannTrust" or the "Company", TSX: TRST, NYSE: CTST) today provided an interim update on the investigation being undertaken by a special committee (the "Special Committee") of its board of directors (the "Board of Directors"). As announced by the Company on July 11, 2019, the Special Committee was appointed by the Board of Directors to investigate a compliance report from Health Canada notifying the Company that its greenhouse facility in Pelham, Ontario is non-compliant with certain regulations.

  • ACCESSWIREyesterday

    The Gross Law Firm Announces Class Actions on Behalf of Shareholders of BUD, CTST and FRED

    NEW YORK, NY / ACCESSWIRE / July 21, 2019 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders ...

  • The Most Important Thing to Know About Investing in Marijuana Stocks
    Motley Foolyesterday

    The Most Important Thing to Know About Investing in Marijuana Stocks

    This high-growth and budding industry comes with one must-know warning.

  • GlobeNewswire2 days ago

    SHAREHOLDER ALERT: CLAIMSFILER REMINDS CTST, EQT, FDX INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits

    NEW ORLEANS, July 19, 2019 -- ClaimsFiler, a FREE shareholder information service, reminds investors of pending deadlines in the following securities class action lawsuits:.

  • ACCESSWIRE2 days ago

    INVESTOR ALERT: Kessler Topaz Meltzer & Check, LLP Announces Securities Fraud Class Action Lawsuit Filed Against CannTrust Holdings Inc.

    RADNOR, PA / ACCESSWIRE / July 19, 2019 / The law firm of Kessler Topaz Meltzer & Check, LLP reminds CannTrust Holdings Inc. (CTST) (“CannTrust”) investors that a securities fraud class action lawsuit has been filed on behalf of those who purchased or otherwise acquired CannTrust securities between November 14, 2018 and July 5, 2019, inclusive (the “Class Period”). REMINDER: Investors who purchased or otherwise acquired CannTrust securities during the Class Period may, no later than September 9, 2019, seek to be appointed as a lead plaintiff representative of the class. According to the complaint, CannTrust is a licensed producer and distributor of medical and recreational cannabis.

  • ACCESSWIRE3 days ago

    FILING DEADLINE--Kuznicki Law PLLC Announces Class Actions on Behalf of Shareholders of CTST, RLGY and OMCL

    CEDARHURST, NY / ACCESSWIRE / July 19, 2019 / The securities litigation law firm of Kuznicki Law PLLC issues the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff and a preliminary estimate of their recoverable losses. If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court.

  • PR Newswire3 days ago

    LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In CannTrust Holdings Inc. To Contact The Firm

    NEW YORK, July 19, 2019 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in CannTrust Holdings Inc. ("CannTrust" or the "Company") (CTST) of the September 9, 2019 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. If you invested in CannTrust stock or options between November 14, 2018 and July 5, 2019 and would like to discuss your legal rights, click here: www.faruqilaw.com/CTST. There is no cost or obligation to you. You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com.

  • ACCESSWIRE3 days ago

    ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against CannTrust Holdings Inc. and Encourages Investors with Losses to Contact the Firm

    LOS ANGELES, CA / ACCESSWIRE / July 19, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of CannTrust Holdings Inc. (“CannTrust” or “the Company”) (NYSE: CTST) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. CannTrust announced on July 8, 2019, that its greenhouse facility located in Ontario, Canada, was audited by Health Canada, which rated it “non-compliant.” Health Canada placed a hold on 5,200 kilograms of dried cannabis allegedly harvested from five unlicensed rooms.

  • GlobeNewswire3 days ago

    CLASS ACTION UPDATE for CTST and OMCL: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

    NEW YORK, July 19, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..

  • ACCESSWIRE3 days ago

    Barbuto & Johansson, P.A. Reminds Investors of the Pending Class Action Lawsuit Against CannTrust Holdings (NYSE:CTST); Stock Tumbling, Sales and Shipments of All Cannabis Products Halted, License Subject to Suspension

    According to the complaint, Defendants misrepresented and concealed that CannTrust was growing cannabis in its Pelham greenhouse facility in five unlicensed rooms between October 2018 and March 2019, and provided inaccurate information to regulators and false and misleading public statements. On July 8, 2019, the market learned the truth when Defendants disclosed that Health Canada found that the Pelham greenhouse facility was non-compliant with regulations.

  • GlobeNewswire3 days ago

    FILING DEADLINE--Kuznicki Law PLLC Announces Class Actions on Behalf of Shareholders of PSMT, ASNA, BUD and CTST

    The securities litigation law firm of Kuznicki Law PLLC issues the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff and a preliminary estimate of their recoverable losses. If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court.

  • Cannabis Stocks Are Crashing: 3 Pot Stocks on Sale
    Motley Fool3 days ago

    Cannabis Stocks Are Crashing: 3 Pot Stocks on Sale

    A recent tumble in marijuana stocks may offer a great buy opportunity.

  • Business Wire4 days ago

    Kessler Topaz Meltzer & Check, LLP Announces Investor Securities Fraud Class Action Lawsuit Filed Against CannTrust Holdings Inc.

    The law firm of Kessler Topaz Meltzer & Check, LLP reminds that an investor securities fraud class action lawsuit has been filed against CannTrust Holdings Inc. (CTST) (“CannTrust”) on behalf of those who purchased or otherwise acquired CannTrust securities between November 14, 2018 and July 5, 2019, inclusive (the “Class Period”). CannTrust investors who purchased or otherwise acquired securities during the Class Period may, no later than September 9, 2019, seek to be appointed as a lead plaintiff representative of the class. Investors who wish to discuss this securities fraud class action lawsuit or request additional information about this litigation are encouraged to contact Kessler Topaz Meltzer & Check attorneys James Maro, Jr. or Adrienne Bell at (844) 887-9500 (toll free) or online at: www.ktmc.com/canntrust-holdings-inc-securities-class-action.

  • ACCESSWIRE4 days ago

    SHAREHOLDER ALERT: MBNKF BUD CTST: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

    NEW YORK, NY / ACCESSWIRE / July 18, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss ...

  • ACCESSWIRE4 days ago

    DEADLINE ALERT NOTICE: The Schall Law Firm Announces it is Investigating Claims Against CannTrust Holdings Inc. and Encourages Investors with Losses to Contact the Firm

    LOS ANGELES, CA / ACCESSWIRE / July 18, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of CannTrust Holdings Inc. (“CannTrust” or “the Company”) (NYSE: CTST) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. CannTrust announced on July 8, 2019, that its greenhouse facility located in Ontario, Canada, was audited by Health Canada, which rated it “non-compliant.” Health Canada placed a hold on 5,200 kilograms of dried cannabis allegedly harvested from five unlicensed rooms.

  • ACCESSWIRE4 days ago

    The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of ASNA, BUD and CTST

    NEW YORK, NY / ACCESSWIRE / July 18, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate ...

  • GlobeNewswire4 days ago

    SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of CannTrust Holdings Inc. - CTST

    Pomerantz LLP is investigating claims on behalf of investors of CannTrust Holdings Inc. (“CannTrust” or the “Company”) (CTST). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext.

  • The Growth of Aurora Has Largely Come at the Expense of ACB Stock
    InvestorPlace4 days ago

    The Growth of Aurora Has Largely Come at the Expense of ACB Stock

    Aurora Cannabis (NYSE:ACB) stock has steadily declined since late March. At a time when the S&P 500 continues to make new record highs, ACB stock and marijuana stocks in general have moved in the other direction. The industry has suffered after Canopy Growth (NYSE:CGC) fired its co-CEO and regulators caught CannTrust (NYSE:CTST) growing weed in unlicensed facilities.Source: Shutterstock The slow process of legalization in the U.S. has likely weighed on all marijuana stocks. However, triple-digit revenue growth by cannabis companies could foster a recovery. Also, despite a recent pullback, ACB stock and other cannabis equities trade at high valuations. While the cannabis industry should prosper, the actions of Aurora Cannabis could make it difficult for investors to benefit from this growth. * 7 Stocks Top Investors Are Buying Now Aurora Cannabis Versus ACB stockInvestors should not view Aurora Cannabis and ACB as identical entities. From a business standpoint, I think Aurora has made some wise acquisitions. These deals have made it the world's largest cannabis producer. Given the bubble-like valuations of marijuana stocks, I cannot blame Aurora for issuing massive amounts of ACB stock. I agree with my colleague ,James Brumley, that this dilution of Aurora stock will ultimately benefit the company.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut the key question for investors is if it helps the owners of ACB stock. I have trouble seeing the benefits of the share dilution for these investors. As I pointed out in a previous article, the number of shares outstanding of Aurora stock rose from about 129 million in 2016 to 1.003 billion as of the end of the first quarter of 2019. ACB Remains an Expensive, High-Growth EquityThe dilution has helped to take the price of Aurora Cannabis stock down by almost 28% over the last four months, and by nearly 43% from its highs of last October. Despite that drop, ACB stock currently trades at about 56 times its sales. This lags Canopy Growth and other large Canadian peers such as Cronos Group (NASDAQ:CRON) and Tilray (NASDAQ:TLRY).In fairness, the anticipation of legalization has driven cannabis stocks higher in the past. The United States and several other countries continue to move toward legalization. That trend alone could reinflate marijuana stocks. Moreover, analysts, on average, expect revenue growth for Aurora of almost 385% this year and over 156% in 2020., Consequently, traders should not assume that the multiples of ACB stock will necessarily compress anytime soon. Aurora Is Financing Its Operations With ACB StockEven if Aurora stock price remains the same, it will still have an elevated price-sales (PS) ratio. Considering the recent behavior of the company, one has to assume acquisitions and dilution will continue. Those deals could make Aurora Cannabis' business bigger and better. Still, investors buy equities because they want returns on their investments. But instead of reaping profits from Aurora stock, they may finance the cost of the company's expansion.This growth could make ACB stock a buy some time in the future. However, by that time, marijuana stocks like ACB will probably resemble the equities of the large companies that are investing in them now. Emulating Constellation Brands (NYSE:STZ) and Altria (NYSE:MO), marijuana stocks will likely eventually trade at price-earnings (PE) ratios at or below the S&P 500 average. They may also pay significant dividends. Under these conditions, Aurora Cannabis stock may become a lucrative income play. Final Thoughts on ACB StockBut Aurora Cannabis will likely serve as the biggest obstacle to the growth of ACB stock for the foreseeable future. Aurora has solidified its position as the world's largest cannabis producer. However, the company has financed its growth by significantly diluting ACB stock. The number of shares outstanding has grown by about 800% over the last three years. While ACB probably invested the funds well, its actions have made it considerably harder for the owners of ACB stock to benefit from their investment.Someday, the hype that's lighting a fire under marijuana stocks will fade. At that point, they will probably become profitable, slower-growth, dividend-paying companies. ACB stock should become a solid investment at that time. However, given the recent dilution of Aurora stock, I would stay away from the shares for now.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks Top Investors Are Buying Now * The 10 Best Cryptocurrencies to Keep on Your Radar * 7 Marijuana Penny Stocks That Could Triple (But You Won't Make Money) The post The Growth of Aurora Has Largely Come at the Expense of ACB Stock appeared first on InvestorPlace.

  • GlobeNewswire4 days ago

    SHAREHOLDER ALERT: PSMT ASNA EROS CTST: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines

    NEW YORK, July 18, 2019 -- The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a.

  • Is the Options Market Predicting a Spike in CannTrust (CTST) Stock?
    Zacks4 days ago

    Is the Options Market Predicting a Spike in CannTrust (CTST) Stock?

    Investors need to pay close attention to CannTrust (CTST) stock based on the movements in the options market lately.