- The Ontario Securities Commission and RCMP have opened an investigation into issues around unlicensed growing at CannTrust Inc.’s Ontario greenhouse. “We can confirm that we have an active Joint Serious Offences Team (JSOT) investigation,” Kristen Rose, the commission’s manager of public affairs said Thursday. ARTICLE CONTINUES BELOWThe beleaguered cannabis producer said in a late-day release that the investigation has been assigned to the commission’s enforcement branch. Health Canada’s probe could result in the suspension or termination of CannTrust’s cannabis licences and fines up to $1 million. A Nov. 23 OSC letter to CannTrust’s then-CFO cited “deficiencies” in its continuous disclosure record, and noted that the cannabis company had agreed to take “remedial steps” to address them.

Source: thestar August 01, 2019 22:18 UTC