Monday, July 29, 2019 7:35:55 AM
"inThe Globe and Mail reports in its Saturday, July 27, edition that PI Financial analyst Jason Zandberg says if Canntrust's licensing issue is resolved it "would be the most attractive asset in Canada, given where the stock profile has gone." The Globe's Mark Rendell and Jeffrey Jones write that Mr. Zandberg says, "I'm sure that anyone that's interested in acquiring them would have to sit down with Health Canada and find out what is the likelihood that, under new management, they could continue to operate." Canntrust, which has halted all sales while it deals with its predicament, faces other risks as well, including legal and regulatory ones related to its securities. Canntrust has yet to determine the effect of the situation on its finances, and it is not yet known whether any previous financial results might have to be restated. To date, Health Canada has suspended two pot licences: Ascent Industries and Bonify Medical Cannabis, both for buying from or selling into the black market. In the case of Ascent, after Health Canada announced its intention to suspend its licence, several licensed producers began bidding for its cultivation assets in British Columbia, which were eventually sold to a private company."
Recent TRST News
- Form 8-K - Current report • Edgar (US Regulatory) • 08/20/2024 08:50:30 PM
- Rendering Speculation Unnecessary, TrustCo Delivers Again With a Quarterly Dividend of $0.36 Per Share • GlobeNewswire Inc. • 08/20/2024 08:00:00 PM
- Form 13F-HR - Quarterly report filed by institutional managers, Holdings • Edgar (US Regulatory) • 08/13/2024 04:11:45 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/09/2024 07:41:10 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/22/2024 08:20:30 PM
- TrustCo Delivers Once Again With Second Quarter Results Net Interest Margin Up 3.7% on Loan Growth of 3.8% • GlobeNewswire Inc. • 07/22/2024 08:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/16/2024 07:07:01 PM
- Trustco Bank Announces Management Changes – Leonard, Curley, and Others Assume New Roles • GlobeNewswire Inc. • 07/16/2024 06:38:54 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/10/2024 08:00:43 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/06/2024 06:24:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/28/2024 05:47:37 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/21/2024 08:45:45 PM
- With Steadfast Reliability; TrustCo Reports Quarterly Dividend of $0.36 per Share • GlobeNewswire Inc. • 05/21/2024 08:00:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/09/2024 08:19:59 PM
- Apple Loses Market Share in China, GM Surges in Pre-Market Following Upward Revisions for 2024 Projections, and More News • IH Market News • 04/23/2024 11:25:34 AM
- Loans Reach Another All-Time High, Credit Quality Remains Solid; TrustCo Reports Net Income of $12.1 Million and Capital Up 3% • GlobeNewswire Inc. • 04/22/2024 08:00:00 PM
- TrustCo to Release First Quarter 2024 Results on April 22, 2024; Conference Call on April 23, 2024 • GlobeNewswire Inc. • 04/10/2024 08:00:00 PM
- TrustCo Bank Corp NY Announces Stock Repurchase Plan • GlobeNewswire Inc. • 03/29/2024 08:00:00 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 03/11/2024 08:51:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/04/2024 07:21:29 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/21/2024 09:01:31 PM
- Strong Capital Supports TrustCo’s Consistent Dividend; Annualized Payout of $1.44 per share • GlobeNewswire Inc. • 02/21/2024 09:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/15/2024 09:37:49 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM