CannTrust submits remediation plan; temporarily laying off 1/4 workforce – Article – BNN – BNNBloomberg.ca

CannTrust Holdings Inc. has submitted a remediation plan to Health Canada as part of its efforts to regain the regulator’s trust and return to compliance. The embattled cannabis producer says it’s aiming to complete all of the activities detailed within the plan by the end of the first quarter of next year, according to a…

CannTrust submits remediation plan; temporarily laying off 1/4 workforce – Article – BNN – BNNBloomberg.ca

CannTrust Holdings Inc. has submitted a remediation plan to Health Canada as part of its efforts to regain the regulator’s trust and return to compliance.

The embattled cannabis producer says it’s aiming to complete all of the activities detailed within the plan by the end of the first quarter of next year, according to a release late Thursday.

Health Canada suspended the company’s sales and production licences in September after a number of regulatory missteps came to light, starting in July.

The plan includes “an expanded internal training program, a strengthened governance and operations framework, infrastructure enhancements, and prescribed accountabilities and timelines for a variety of specified tasks,” the company said.

“CannTrust is confident that its remediation plan addresses all the compliance issues identified by Health Canada,” Robert Marcovitch, CannTrust’s chairman and interim CEO, said in the release.

The company a
Read More From Publisher