Former CannTrust leaders acquitted in unlicensed growing trial

TORONTO –

An Ontario court docket has acquitted three former hashish leaders charged with offences linked to unlicensed rising at a Niagara-area greenhouse.

The ex-CannTrust Holdings Inc. executives Peter Aceto, Eric Paul and Mark Litwin had been freed of their expenses a day after the Ontario Securities Commission (OSC) revealed it not had an inexpensive prospect of convicting the lads.

The OSC requested the Old City Hall court docket in Toronto on Wednesday to adjourn the matter till Thursday, so it might overview case regulation Litwin’s lawyer mentioned would assist the case being wound up.

His consumer, together with Aceto and Paul, had been every charged with fraud and authorizing, allowing or acquiescing within the fee of an offence.

Litwin and Paul had been additionally dealing with insider buying and selling expenses, and Litwin and Aceto had been charged with making a false prospectus and false preliminary prospectus.

The males pleaded not responsible in October, years after their former employer’s 2018 and 2019 hashish rising was investigated by Health Canada.

This report by The Canadian Press was first revealed Dec. 15, 2022