News

CannTrust CEO canned

Published on July 26, 2019 by oz. staff

There’s only so much controversy someone can take.

CannTrust announced Thursday it has fired CEO Peter Aceto.

He won’t go alone.

Chairman Eric Paul, who was quick to defend management when the controversy began, has been forced to resign.

The news comes one day after the Financial Post published this embarrassing story, the latest in a saga that just seems to get more ridiculous with every passing day.

The narrative has been fueled by whistleblowing employees.

CannTrust shares have plummeted and the company may lose its production licence.