CannTrust Holdings keep “Top Pick” status at Echelon Wealth Partners

Feb 12 21:02 2018 Print This Article

Expansion plans at CannTrust Holdings (CSE:TRST) have Echelon Wealth Partners analyst Russell Stanley reiterating his “Top Pick” rating on the stock.

On Monday, CannTrust announced it had received a Health Canada sales licence for the 250,000-square-foot phase 1 of its 46-acre cannabis greenhouse production facility in the Niagara region.

“The expansion of our greenhouse facility together with our Health Canada sales licence will allow Canntrust to meet growing market demand and provide maximum value to our customers, partners and shareholders. Our increased production together with our expanding product lines positions us to continue to build on our strong partnerships in both the Canadian retail recreational market and in the global emerging markets,” CEO Eric Paul said.

Stanley says CannTrust is making clear progress.

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Cantech Letter

Founded in 2008 by Nick Waddell, Cantech Letter is an online magazine focusing on Canadian technology. The site has grown into one of the most popular and respected financial sites in Canada, and was described by Canadian Business Magazine as “one of Canada’s premier technology newsletters”. Waddell, who is Senior Editor, is routinely called on by the mainstream media for perspective on Canadian technology, and has been featured on BNN, CTV News Channel, and the CBC program “The Lang and O’Leary Exchange” in addition to mainstream print media such as The Guardian, The International Business Times, The Globe and Mail, Macleans, The Waterloo Record , Canadian Business, Slate, and Business Insider. You can email Nick at nick@cantechletter.com Cantech Letter is focused on those companies listed on the TSX and TSXV Technology, Cleantech and Life Sciences Sectors. Each year we present the Cantech Letter Awards, which honor Canada’s Top Technology Stock and Top Technology Stock Executive.

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