The cannabis company believes it necessary to destroy about $9.07 million of 'biological assets' and $65 million worth of inventory.
Canadian cannabis company CannTrust Holdings Inc.
said Monday it is still working to attain the full reinstatement of licenses that were suspended after the company was found to be growing cannabis in unlicensed rooms. As part of a series of measures the company is planning to improve practices, it believes it necessary to destroy about C$12 million of biological assets and about $65 million worth of inventory that was not authorized by its licence.
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