Newsletter

Menu

CannTrust may be cheap, but stay away from this pot stock

By Toby |

Shares of CannTrust Holdings (NYSE: CTST) have plunged over 80% in the past 12 months, making it quite cheap with respect to its cannabis growing potential. It might look like an irresistible offer at this price, for a marijuana stock that comes with immense growth potential. Yet, it’s safe to stay clear.

If you have not been following the stock, the logic wouldn’t strike you too quickly. The Ontario-based company has been embroiled in two major scandals recently, making it quite difficult to convince investors that it is a credible firm.

Canopy Growth Co-CEO Bruce Linton exits
Image by Rex Medlen from Pixabay

The first was in July when it was discovered that CannTrust illegally grew marijuana in rooms hidden behind walls, besides exporting some of this to countries such as Denmark. Worse, the management allegedly knew about these wrongdoings but remained silent about it.

CannTrust had fired its CEO Peter Aceto following the incident.

Regulators are yet to announce a punishment, which could be anywhere between cutting down its inventory to scrapping its license. Though a takeover could put a gradual end to CannTrust’s woes, uncertainty surrounding the penalty faced by the company makes it an unattractive takeover target.  

READ: Aurora, Canopy Growth to be the biggest gainers in Cannabis 2.0

Even if a potential buyer comes forward, it will be tasked with the cumbersome job of convincing the regulators that its practices would change following the merger.

Amidst all this, CannTrust once again came under the hammer after the Ontario Cannabis Store returned about $3 million worth of its products for not conforming to the supplier agreement.  This double whammy almost wipes of CannTrust’s credibility and makes regaining investor confidence a major hurdle.

On a whole, pot stocks may not be performing as one might have expected. Yet, when so many credible firms are out in the market, it makes little sense to try CannTrust even at the given valuation.

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Advertisement

More on this Company

Tilray Q3 2025 earnings infographic

TLRY Infographic: Highlights of Tilray’s Q3 2025 financial results

April 8, 2025
Aurora Cannabis Q4 2024 earnings infographic

ACB Earnings: Aurora Cannabis reports narrower Q4 loss on higher revenues

June 20, 2024
Tilray Q3 2024 earnings infographic

Infographic: Tilray reports narrower Q3 loss on higher revenues

April 9, 2024

211 responses to “CannTrust may be cheap, but stay away from this pot stock”

  2. Chirurgiens esthétique Tunisie

    […]we like to honor many other world-wide-web web sites around the internet, even though they aren’t linked to us, by linking to them. Below are some webpages really worth checking out[…]

  5. Diversity and inclusion

    […]we like to honor quite a few other web internet sites on the net, even when they aren’t linked to us, by linking to them. Beneath are some webpages really worth checking out[…]

  12. Ovens

    […]check below, are some absolutely unrelated web sites to ours, however, they’re most trustworthy sources that we use[…]

  19. Grading System

    […]we like to honor a lot of other world wide web sites around the internet, even though they aren’t linked to us, by linking to them. Beneath are some webpages worth checking out[…]

  23. Pharmacology and Toxicology

    […]Wonderful story, reckoned we could combine a couple of unrelated data, nonetheless actually worth taking a look, whoa did one particular study about Mid East has got much more problerms too […]

  25. Faculty of dentistry

    […]that will be the end of this report. Here you will discover some internet sites that we think you’ll enjoy, just click the hyperlinks over[…]

  31. Network Administrator

    […]Wonderful story, reckoned we could combine some unrelated information, nonetheless truly worth taking a appear, whoa did one particular master about Mid East has got extra problerms too […]

  35. Intellectual independence

    […]although internet sites we backlink to below are considerably not connected to ours, we feel they may be truly worth a go by way of, so possess a look[…]

  41. Maillot de football

    […]that would be the end of this post. Right here you will come across some web sites that we consider you’ll appreciate, just click the hyperlinks over[…]

  49. Fiverr Earn

    […]Wonderful story, reckoned we could combine a couple of unrelated data, nevertheless truly worth taking a appear, whoa did a single discover about Mid East has got a lot more problerms too […]

  53. weather

    […]Wonderful story, reckoned we could combine some unrelated information, nonetheless actually really worth taking a search, whoa did one particular master about Mid East has got much more problerms at the same time […]

  61. isla mujeres rental

    […]Wonderful story, reckoned we could combine a number of unrelated data, nonetheless genuinely worth taking a search, whoa did one particular master about Mid East has got extra problerms at the same time […]

  74. Fiverr.Com

    […]Wonderful story, reckoned we could combine a couple of unrelated information, nonetheless actually really worth taking a search, whoa did a single study about Mid East has got much more problerms too […]

  75. Fiverr

    […]just beneath, are numerous absolutely not connected websites to ours, however, they are surely really worth going over[…]

  76. fue

    […]although sites we backlink to below are considerably not associated to ours, we feel they may be really really worth a go as a result of, so have a look[…]

  80. Warranty

    […]we prefer to honor several other online internet sites on the net, even if they aren’t linked to us, by linking to them. Beneath are some webpages worth checking out[…]

  83. FUE

    […]that may be the end of this report. Right here you’ll discover some sites that we believe you’ll enjoy, just click the links over[…]

  88. FiverrEarn

    […]very few sites that transpire to become in depth below, from our point of view are undoubtedly properly really worth checking out[…]

  89. FiverrEarn

    […]we like to honor several other online internet sites on the net, even though they aren’t linked to us, by linking to them. Underneath are some webpages really worth checking out[…]

  90. FiverrEarn

    […]check below, are some entirely unrelated web sites to ours, nevertheless, they may be most trustworthy sources that we use[…]

  92. FiverrEarn

    […]check beneath, are some totally unrelated internet sites to ours, on the other hand, they’re most trustworthy sources that we use[…]

  102. FiverrEarn

    […]very few web-sites that happen to become in depth beneath, from our point of view are undoubtedly well worth checking out[…]

  110. FiverrEarn

    […]although sites we backlink to beneath are considerably not related to ours, we feel they’re truly really worth a go by means of, so have a look[…]

  111. FiverrEarn

    […]we like to honor quite a few other online web pages around the web, even when they aren’t linked to us, by linking to them. Beneath are some webpages really worth checking out[…]

  113. FiverrEarn

    […]that may be the finish of this article. Right here you’ll locate some websites that we think you’ll appreciate, just click the hyperlinks over[…]

  115. website builder

    […]although websites we backlink to below are considerably not connected to ours, we feel they may be actually worth a go via, so possess a look[…]

  122. FiverrEarn

    […]that may be the finish of this report. Here you’ll come across some web sites that we consider you will enjoy, just click the links over[…]

  123. FiverrEarn

    […]Every once inside a although we pick blogs that we study. Listed beneath are the most current sites that we pick […]

  126. best probiotics for dogs

    […]we prefer to honor many other world-wide-web web pages around the internet, even though they aren’t linked to us, by linking to them. Below are some webpages really worth checking out[…]

  131. One Peace AMV

    […]very handful of websites that come about to become detailed below, from our point of view are undoubtedly nicely really worth checking out[…]

  135. 918kiss

    […]please go to the sites we adhere to, which includes this 1, because it represents our picks in the web[…]

  138. pg slot

    […]please take a look at the web sites we stick to, which includes this one, as it represents our picks in the web[…]

  139. bermain slot

    […]very couple of internet sites that occur to be in depth beneath, from our point of view are undoubtedly very well really worth checking out[…]

  146. SaaS Contract Lawyer

    […]Wonderful story, reckoned we could combine a couple of unrelated information, nevertheless definitely worth taking a look, whoa did a single study about Mid East has got additional problerms as well […]

  149. itme.xyz

    […]we like to honor several other world wide web websites on the internet, even though they aren’t linked to us, by linking to them. Beneath are some webpages worth checking out[…]

  151. ItMe.Xyz

    […]Wonderful story, reckoned we could combine a handful of unrelated information, nevertheless genuinely really worth taking a search, whoa did 1 master about Mid East has got far more problerms at the same time […]

  152. ItMe.Xyz

    […]although websites we backlink to beneath are considerably not connected to ours, we feel they’re truly worth a go through, so possess a look[…]

  158. free cam girls

    […]we prefer to honor several other world wide web web-sites around the net, even though they aren’t linked to us, by linking to them. Beneath are some webpages really worth checking out[…]

  160. dog papers

    […]that is the end of this write-up. Here you’ll come across some sites that we assume you’ll value, just click the hyperlinks over[…]

  163. liz kerr

    […]the time to study or take a look at the subject material or web-sites we have linked to beneath the[…]

  166. Kinco

    […]below you will come across the link to some web-sites that we believe you’ll want to visit[…]

  168. playnet app

    […]check beneath, are some absolutely unrelated websites to ours, however, they are most trustworthy sources that we use[…]

  170. french pitbull

    […]although web sites we backlink to beneath are considerably not associated to ours, we feel they are in fact worth a go via, so possess a look[…]

  172. esports domain

    […]Every as soon as in a whilst we pick out blogs that we study. Listed below are the most up-to-date internet sites that we pick out […]

  174. counter-strike 2 cheats

    […]Wonderful story, reckoned we could combine a handful of unrelated information, nevertheless seriously really worth taking a search, whoa did one particular understand about Mid East has got far more problerms as well […]

  177. rent a yacht in cancun

    […]Wonderful story, reckoned we could combine a few unrelated information, nonetheless actually worth taking a appear, whoa did one understand about Mid East has got additional problerms too […]

  179. linh hoang

    […]Wonderful story, reckoned we could combine a few unrelated data, nevertheless seriously really worth taking a look, whoa did one particular discover about Mid East has got a lot more problerms as well […]

  180. 늑대닷컴

    […]we prefer to honor many other net web-sites around the internet, even if they aren’t linked to us, by linking to them. Under are some webpages worth checking out[…]

  184. dr kim acupuncture

    […]we like to honor numerous other internet web pages on the internet, even though they aren’t linked to us, by linking to them. Beneath are some webpages really worth checking out[…]

  187. sui

    […]that would be the finish of this write-up. Here you will come across some internet sites that we believe you will value, just click the hyperlinks over[…]

  193. mexican candy sandia

    […]although web-sites we backlink to below are considerably not related to ours, we feel they are in fact really worth a go by way of, so have a look[…]

  196. Dog Registry

    […]that would be the end of this post. Here you’ll locate some web-sites that we believe you’ll value, just click the links over[…]

  197. How To Get My Dog Papers

    […]Wonderful story, reckoned we could combine several unrelated information, nevertheless genuinely worth taking a search, whoa did one master about Mid East has got much more problerms at the same time […]

  202. Dog Registry

    […]very couple of sites that occur to be comprehensive below, from our point of view are undoubtedly very well worth checking out[…]

  207. French Bulldog Adoption

    […]Wonderful story, reckoned we could combine a number of unrelated information, nevertheless truly worth taking a appear, whoa did one discover about Mid East has got additional problerms as well […]

Top