Feb 13 (Reuters) - Canadian pot grower CannTrust Holdings Inc TRST.TO, CTST.N on Thursday named Gre
Feb 13 (Reuters) – Canadian pot grower CannTrust Holdings Inc TRST.TO, CTST.N on Thursday named Greg Guyatt as chief govt officer, months after it fired Peter Aceto following a Well being Canada discovering that the marijuana producer grew hashish in unlicensed rooms.
CannTrust fired Aceto from the highest function in July final 12 months and named Robert Marcovitch because the interim CEO, greater than two weeks after Canadian well being regulator’s findings.
The regulator had canceled CannTrust’s license to supply and promote hashish in September final 12 months, pushing the corporate to announce reductions in its workforce to recoup losses.
The corporate stated on Thursday it anticipates remediation actions on the firm’s Vaughan facility to achieve completion through the second quarter of 2020.
“No assurance may be on condition that Well being Canada will reinstate both the Niagara or Vaughan Facility licenses”, CannTrust stated in an announcement.
Well being Canada’s score for…