Cannabis stocks mixed after landmark hearing on U.S. laws, CannTrust slammed afresh

Cannabis stocks were mixed on Thursday, a day after a landmark congressional hearing on reforming U.S. laws that found bipartisan agreement that the current setup is a mess and needs to change.

HIGHLIGHTS

• CannTrust shares took another bath after a report said the company built fake walls to hide from regulators that it was growing unlicensed product.
• There was more bad news when the Globe and Mail reported that the company built temporary walls to stage misleading photos of an unlicensed growing room.
• Employees were asked to stay late to build the fake walls that hid several thousand plants from view.

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