CannTrust Holdings Inc. (CNTTQ)

[Johnk59]

CannTrust Establishes U.S. Operations

CANADA NEWSWIRE 7:15 AM ET 6/19/2019

Symbol Last Price Change
CTST 4.93down 0 (0%)

QUOTES AS OF 04:02:01 PM ET 06/18/2019

VAUGHAN, ON, June 19, 2019 /CNW/ - Today, CannTrust Holdings Inc.(CTST) , a federally regulated licensed producer of medical and recreational cannabis with more than 72,000 patients in Canada, announced that it is establishing operations in the United States ("U.S."), starting in the State of California. CannTrust(CTST) has signed a non-binding letter of intent ("LOI") that will provide access to over 3,000 acres of farmland for hemp production with Elk Grove Farming Company, LLC ("Elk Grove"), a diversified farming company with operations in the State of California, to secure low-cost hemp with high cannabidiol ("CBD") content. CannTrust(CTST) and Elk Grove will each have 50% ownership of a new entity (the "Joint Venture").


https://www.advfn.com/stock-market/TSX/TRST/stock-news/80165993/canntrust-establishes-u-s-operations