CannTrust’s Ex-CEO, Chairman Charged Over Hidden Pot Plants (3)

CannTrust Holdings Inc.’s former chief executive officer, chairman and a board director have been charged with fraud and other offenses related to breaches of cannabis growing rules in Canada.

The charges against former CEO Peter Aceto, former Chairman Eric Paul and former Vice Chairman Mark Litwin include making false statements to the Ontario Securities Commission and to the market, and authorizing or allowing other crimes, the regulator said Tuesday. Litwin and Paul were also charged with insider trading.

The illegal activity allegedly took place just as Canada legalized recreational cannabis in October 2018. News of the false statements ...