VAUGHAN, Ont. - CannTrust Holdings Inc. says it will destroy $77 million worth of pot plants and inventory as part of its efforts to comply with regulations as authorized by Health Canada. The company says its board of directors has determined it necessary to destroy $12 million worth of biological assets and about $65 million worth of inventory that was not authorized by CannTrust’s licence. CannTrust says it will not challenge Health Canada’s partial suspensions and remains focused on working with the regulator. They say they will implement measures identified by the regulator including ensuring cannabis is produced and distributed only as authorized, and improving record keeping as well as inventory tracking.
Source: thestar October 15, 2019 10:18 UTC