After nearly two years, charges have finally been filed in regards to the CannTrust cultivation misconduct that shocked the industry and broke patients’ hearts. The scandal seemed straight out of a TV show—hidden grow rooms, possible unlicensed shipping overseas, and 12,500 kg of illegally grown weed destroyed.
Three former directors and officers at CannTrust Holdings Inc. have been charged with offences under the Ontario Securities Act. The investigation is a joint effort by the Ontario Securities Commission (OSC) and Royal Canadian Mounted Police (RCMP), Integrated Market Enforcement Team (IMET).
The accused are former chief executive Peter Aceto, former vice-chairman Mark Litwin, and former chairman Eric Paul. Each of the accused are…
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