CannTrust Interim CEO Confident Company Can Be ‘Rehabilitated’

The transcript discusses the potential revocation of a cannabis company's license by Health Canada due to compliance issues. The speaker expresses confidence in the company's ability to rehabilitate and address both quantitative and qualitative compliance matters. They highlight the company's strengths, such as innovation and customer service, and acknowledge the challenges faced. The speaker emphasizes the importance of moving forward with full compliance and regaining trust to continue serving their patients effectively.

What potential actions might Health Canada take against a company for compliance issues?

• Expand market opportunities

• Increase taxes

• Revoke or suspend licenses

• Provide financial aid

What does the company believe is necessary to address compliance issues?

• Hiring more staff

• Addressing both quantitative and qualitative issues

• Reducing production costs

• Expanding to new markets

Which of the following is NOT mentioned as a strength of the company?

• Innovative technology

• Great distribution network

• High market share

• Outstanding customer service

What is the company's approach to dealing with the current situation?

• Conducting an investigation

• Blaming external factors

• Reducing workforce

• Ignoring the issues

What is the company's ultimate goal after achieving full compliance?

• Expanding internationally

• Reducing production

• Returning to serving patients effectively

• Increasing product prices