Tag: Kanan

CannTrust files response to Health Canada names special committee members

Companies in this story: (TSX: TRST)The Canadian Press TORONTO — CannTrust Holdings Inc. has officially responded to Health Canada’s finding that the cannabis company ran afoul of its regulations, including unlicensed cultivation at its Ontario greenhouse.The company says that on July 17 it filed a response to the regulator’s non-compliance report, one day before the July 18 deadline, and it now awaits Health Canada’s response.CannTrust also says it has appointed U.S. sports executive Robert Marcovitch as chairman of its previously announced special committee tasked with investigating the matter.Marcovitch is a CannTrust board director and has previously served as president and chief executive of K2 sports, and chief executive of The Coleman Outdoor Company.The company says the other members of the special committee are board directors Shawna Page, Mark Dawber, and John Kaden.This comes after CannTrust on July 11 put a voluntary hold on all sale and shipment of cannabis products as a precaution after Health Canada earlier found that the company was growing pot in rooms that did not yet have government approval. read more

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