Latest In: CannTrust

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Canadian cannabis insolvencies persist in 2023 amid industry woes

Financially distressed cannabis companies continued to seek refuge in Canadian insolvency law in 2023, although such insolvency filings…

News December 18
CannTrust Phoena
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Guyatt resigns as CEO of Canadian marijuana producer Phoena

Greg Guyatt resigned from his position as CEO of Canadian cannabis producer Phoena “to pursue new challenges,” the…

News February 27
CANADA CannTrust Eric Paul Mark Litwin Peter Aceto Phoena Holdings
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Former execs of Canadian cannabis producer CannTrust acquitted in ‘quasi-criminal’ case

Three former executives of Canadian cannabis producer CannTrust, including its ex-CEO, have been acquitted of all charges after…

News December 16
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CANADA CannTrust Phoena
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Cannabis producer CannTrust changes name to Phoena

Canadian cannabis producer CannTrust Equity has changed its name to Phoena Holdings.

News May 4
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Cannabis producer CannTrust emerges from creditor protection

Vaughn, Ontario-based CannTrust Holdings has exited court-supervised proceedings under the Companies Creditors Arrangement Act after a key subsidiary…

News March 15
CannTrust Kenzoll B.V. Marshall Fields International B.V
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Cannabis producer CannTrust secures overseas financing, plans name change

Canadian cannabis producer CannTrust said it secured a new investment from a Netherlands-based private equity investment company and…

News March 2
Aphria CANADA CannTrust Canopy Growth Health Canada Tilray
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Health Canada seized more than 35M grams of marijuana, 7,800 plants after inspections

Health Canada seized more than 35 million grams (77,162 pounds) of cannabis products and thousands of plants from…

News February 23
CannTrust
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Cannabis firm CannTrust, short on cash, warns of potential ‘orderly wind-down’

Canadian cannabis producer CannTrust Holdings says it doesn’t have sufficient liquidity to operate beyond the near term and…

News January 6
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Court approves Canadian marijuana producer CannTrust’s restructuring plan

A court approved a plan for troubled Canadian marijuana producer CannTrust Holdings to reorganize under Canada's Companies' Creditors…

News July 16
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