CannTrust to destroy $77M of plants and inventory to comply with rules

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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.

A man holds holds a handful of cannabis buds at the CannTrust Niagara Greenhouse Facility, in Fenwick, Ont., on June 26, 2018. THE CANADIAN PRESS/ Tijana MartinCannTrust Holdings Inc. says

The Vaughan, Ont.-based company received a notice of licence suspension in September from the federal regulator indicating its authority to produce cannabis, other than cultivating and harvesting, and to sell pot had been suspended.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.

 

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Destroy..translation, sent to black market. No way you just toss 77M into the garbage. Nice try though.

Pathetic. Only a liberal government could lose money selling drugs and oil.

... in a series of very small fires?

Yah, sure they are. But if you mean loading up trucks in the middle of the night as destroying, ok.

So dumb, just sell it.

They accepting volunteers to help with the destruction? 💨 💨 💨

I'd just like to know one thing. Where is the bonfire going to be?

No one wants pesticide laced weed anyway black market for life

Jesus Christ. Only the Canadian government could find a way to screw up legal pot this badly.

canadianweedstockshitshow

I’ll get rid of it, wink, wink! 😉

Cant they just like leave the back door open?

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