CannTrust Holdings Inc. said late Thursday it plans to submit documents to regulators Feb. 14 that detail how it has fixed the issues at its Niagara, Ontario facility and in support of the reinstatement of its license there. CannTrust stock gained 1.8% in the extended session Thursday. The company said it had appointed Greg Guyatt as the chief executive and that the New York Stock Exchange had granted it an extension through April 15, so it can continue to list and trade on the exchange. The company said that it plans to finish efforts to fix a second site at Vaughan, Ontario in the second quarter of 2020. CannTrust was growing pot illegally at Niagara facility and the Vaughan facility was not compliant with standards, regulators have alleged. Robert Marcovitch, who served as CannTrust's interim CEO, will remain on the board as chairman. Guyatt previously has served as CannTrust's CFO. CannTrust U.S. traded shares closed down 0.3% to $0.8052 in Thursday's regular session.
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