September 14, 2018 / 12:10 PM / 8 months ago

BUZZ-CannTrust Holdings: Gets nod to sell recreational marijuana in Canada

** Canadian medical marijuana producer gets permission to sell recreational weed in all four of Canada’s Atlantic provinces

** Earlier this week, co announced plans to partner with Breakthru Beverage Group to sell recreational pot

** TRST joins other weed cos, who have been scrambling to expand capacity and establish retail presence before Canada legalizes recreational cannabis in October

** Rival Aurora Cannabis Inc on Friday decided to buy ICC Labs Inc, which has over 70 percent market share in Uruguay, for C$290 mln

** TRST’s stock down ~17 pct YTD as of Thursday’s close

Reporting by Debroop Roy in Bengaluru

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