Cannabis plants are photographed during the grand opening event for the CannTrust Niagara Greenhouse Facility in Fenwick, Ont., on June 26, 2018. CannTrust Holdings Inc. says John Kaden has resigned as a member of the cannabis company’s board of directors. The company says Kaden stepped down to focus fully on his role as co-founder, managing partner, and chief investment officer of Navy Capital Green Management LLC. THE CANADIAN PRESS/Tijana Martin

CannTrust director John Kaden steps down from cannabis company’s board

CannTrust has been under fire since it disclosed that Health Canada had discovered illicit cultivation

CannTrust Holdings Inc. says John Kaden has resigned as a member of the cannabis company’s board of directors.

The company says Kaden stepped down to focus on his role as co-founder, managing partner, and chief investment officer of Navy Capital Green Management LLC.

CannTrust has been under fire since it disclosed in July that Health Canada had discovered illicit cultivation in unlicensed rooms at its Pelham, Ont., greenhouse.

The company later fired its CEO “with cause” and asked its chairman to resign after the board discovered new information during an internal investigation. Health Canada suspended CannTrust’s licenses to produce and sell cannabis in September.

Kaden joined the CannTrust board in October 2018 and served as a member of the special committee that investigated the causes of the company’s non-compliance with Health Canada regulations.

The special committee recently completed its investigation and the company submitted a detailed remediation plan to Health Canada in hopes of regaining its cannabis licenses.

“With its remediation plan now underway, I believe CannTrust is well positioned to fulfil its commitments to both bring the company into full regulatory compliance and seek the full reinstatement of its licenses,” Kaden said in a statement.

The Canadian Press


Like us on Facebook and follow us on Twitter.

Just Posted

Green candidate reflects on South Okanagan-West Kootenay campaign

Rosslander Tara Howse talks about the highs and lows of running for office

Community Christmas Hamper Program seeks donations, applications

Families can register for a hamper at Boundary Family Services and Community Futures

RDKB directors divided over dam revenues and fire service

East-end directors voted in favour of using $300,000 from the dam to support the RDKB fire service

Veterans lead the line for the Border Bruins in 2019/2020

Nathan Cohen-Wallis and captain Liam Stalwick are among the team’s points leaders too

Buyout residents ask for expert representation in land negotiations

City: ‘We’re really hoping that […] we can come to agreements that preserve people’s net worth’

VIDEO: Canadian allergists’ group wants Benadryl behind the counter due to side effects

Some doctors say the medication is over-used because of its easy availability

Yelling at your dog might hurt its long-term mental health: study

Researchers find dogs trained using negative reinforcement are more ‘pessimistic’

Vancouver Island soap company releases Lucky Lager beer soap

Beer-infused olive oil soap comes out just in time for holiday shopping

Jagmeet Singh says he’ll vote against throne speech if NDP requests not met

Singh is to meet with Prime Minister Justin Trudeau on Thursday

Community uses loophole to paint 16 rainbow crosswalks after B.C. council says no

So far 11 rainbows are painted and five planned, all since council denied the first proposal in September

Workers’ camp at LNG facility in Kitimat takes shape

Extensive worker camp now being assembled

Former B.C. youth pastor guilty on one of five sexual assault allegations

Judge cites reasonable doubt in finding Cloverdale couple not guilty of majority of charges

238 and counting: Vancouver gelato shop sets Guinness World record for most flavours

Vince Misceo has come up with 588 different flavours over the decades

Killer who fled to Taiwan day after shooting B.C. man over $80 sentenced 13 years later

The sentence comes 13 years after Shaoxin Zhang, 19, was killed in a Burnaby parking lot

Most Read