Cannabis cuttings are seen at the CannTrust Niagara Greenhouse Facility in Fenwick, Ont., on June 26, 2018. THE CANADIAN PRESS/ Tijana Martin

CannTrust to destroy $77 million of pot plants and inventory to comply with rules

CannTrust says it will not challenge Health Canada’s partial suspensions

CannTrust Holdings Inc. says it will destroy $77 million worth of pot plants and inventory as part of its efforts to comply with regulations as authorized by Health Canada.

The Vaughan, Ont.-based company received a notice of licence suspension in September from the federal regulator indicating its authority to produce cannabis, other than cultivating and harvesting, and to sell pot had been suspended.

The company says its board of directors has determined it necessary to destroy $12 million worth of biological assets and about $65 million worth of inventory that was not authorized by CannTrust’s licence.

CannTrust says it will not challenge Health Canada’s partial suspensions and remains focused on working with the regulator.

It says this destruction process will free up “much needed capacity” to implement remediation measures and store material that has been grown and processed in accordance with the company’s license since April 5.

They say they will implement measures identified by the regulator including ensuring cannabis is produced and distributed only as authorized, and improving record keeping as well as inventory tracking.

READ MORE: Pot producers face pushback over odour, smell in Canadian farming town

The Canadian Press


Like us on Facebook and follow us on Twitter.

Just Posted

Fernie volleyball athletes qualify for provincials

Provincials take place in Castlegar, hosted by Mt. Sentinel, Nov. 21 to 23

Treatment concludes in Barry’s battle against cancer

Now that the dust has temporarily settled, Marchi said it feels good to still be fighting.

Lead not a concern in Elk Valley drinking water; municipalities

The City of Fernie, District of Sparwood and District of Elkford have confirmed that their towns contain little to no lead piping or fittings.

Truck donation paves way for valley-wide emergency services

On November 6, the City of Fernie and Fernie Fire Fire Department… Continue reading

New psychologist serving the East Kootenays

Olivia Griffioen has been in Fernie for a year and is expanding her psychology practice

B.C. to restrict nicotine content, bring in 20% tax on vaping products

Province will also restrict candy and fruit flavoured vaping products to adult-only stores

BC Liquor Stores to move fully to paper bags by March

Vancouver Island to be the first to convert to paper bags in November

Tolko shuts B.C. divisions for two weeks over holidays

Head office to close from Dec. 23-27; two weeks’ downtime runs Dec. 21-Jan. 6

B.C. government working with RCMP to address $10 million in budget cuts

Public Safety Minister Mike Farnworth issues statement following report of RCMP cost-cutting

Port Moody mayor says stayed sex assault charge related to ‘awkward date’

Rob Vagramov said charge was related to a string of dates in 2015

UBC conference draws fire over speaker from Chinese tech company blacklisted in U.S.

The company that has been blacklisted by the U.S. over links to the repression of China’s Muslim minority

‘City that protects rapists’: Sexual assault survivor slams Kelowna mayor for defending RCMP

Heather Friesen spent the morning handing out flyers around city hall calling out the mayor

‘It’s been 12 years’: Father of murdered B.C. real estate agent pleads for mayor’s help

Lindsay Buziak was stabbed to death on Feb. 2, 2008 in Saanich. Her case is unsolved.

B.C. woman sends fight to reduce preventable medical errors to Victoria

Teri McGrath and South Okanagan senior’s centre members presented 150 signature petition to local MLA

Most Read