cannachiefs media

VANCOUVER, July 30, 2019 /PRNewswire/ - With the Next Wave of Legalization looming around the corner and the Canadian Cannabis Industry seemingly flipped upside down with the recent news of Co-CEO Bruce Linton being sacked by Canopy Growth and other Co-CEO Mark Zekulin only temporarily being allowed at the helm until a suitable replacement can be found. Also, Peter Aceto, being fired as CEO with cause and Chairman Eric Paul forcefully resigned from CannTrust Holdings last week. Their company is being accused of cultivating cannabis in unlicensed greenhouses. Now Health Canada is holding nearly 12.7 tonnes of dried cannabis grown at CannTrust's Pelham facility. There is already a huge nationwide shortage of legal cannabis and consumers have been complaining about quality control and price issues. Now the public is demanding accountability and we have seen in recent weeks that nobody is immune from negligence in compliance and regulatory probes. Things are looking rather bleak in the Canadian legal cannabis landscape now.