Cannabis producer CannTrust tumbles after auditor withdraws its last 2 earnings reports amid illegal-growing scandal

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

The Canada-based company also announced it will likely miss the August 14 filing deadline for its second-quarter earnings.

CannTrust Holdings fell 5% in early trading on Friday after its auditor withdrew its most recent quarterly and full-year results. The Canadian cannabis producer noted last week it may have to restate its results after regulators discovered non-compliant pot greenhouses in early July. The decision also resulted from newly revealed information from an internal investigation into the unlawful actions.

CannTrust Holdings fell 5% in early trading on Friday after its auditor withdrew its most recent quarterly and full-year results. The Canadian cannabis producer noted last week it may have to restate its results after regulators discovered non-compliant pot greenhouses in early July. The decision also resulted from newly revealed information from an internal investigation into the unlawful actions.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 729. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

MTV Parent Viacom Reports Better-Than-Expected Q3 EarningsViacom, the company behind Paramount Pictures and such cable networks as MTV, Nickelodeon, BET, Comedy Central and Paramount Network, on Thursday reported better-than-expected fiscal third-quarter earnings. Viacom NewYorkCity MediaEntertainment
Fonte: billboard - 🏆 112. / 63 Consulte Mais informação »

Options traders are betting on an Uber surprise to the upside on earningsOptions traders are betting on Uber to follow in Lyft's footsteps when it reports earnings Thursday afternoon. Uh-oh. Look out below. Uber shares -11% after hours. Big miss. EarningsSeason Uber .Uber
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Lyft will move double digits on earnings, says the options marketOptions traders are expecting a big move in Lyft when it reports earnings Wednesday afternoon for only the second time as a publicly traded company. 👀👀👀
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »