BREAKING OSC abruptly moves to withdraw all charges in CannTrust case, saying no prospect of conviction
In a Toronto courtroom on Dec. 6 and 7, Graham Lee, CannTrust’s former director of quality and compliance and the second witness called by the OSC, was cross-examined by Scott Fenton, a lawyer for former company director Mark Litwin, who had been charged with fraud and insider trading.
The words unlicensed, unauthorized and non-compliant were sometimes used interchangeably after the scandal broke in the summer of 2019 — including by CannTrust itself in a July 8 news release that year that referred to “unlicensed rooms” — but legal experts say the difference between them was crucial to the OSC’s prospect of obtaining convictions on any of the charges based on the case it brought.
It was not clear why OSC staff, who sought a break in the trial after Lee’s testimony last Wednesday, seemed unprepared for a document presented to Lee related to the Cannabis Act licence and Lee’s responses to Fenton. OSC investigators worked alongside the RCMP during a months-long investigation leading up to charges being laid against Aceto, Litwin and former CannTrust director Eric Paul in June 2021.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
OSC abruptly moves to withdraw all charges in CannTrust case, saying no prospect of convictionBREAKING OSC abruptly moves to withdraw all charges in CannTrust case, saying no prospect of conviction
Read more »
OSC abruptly moves to withdraw all charges in CannTrust case, saying no prospect of convictionBREAKING OSC abruptly moves to withdraw all charges in CannTrust case, saying no prospect of conviction
Read more »
OSC withdraws charges against former CannTrust officials accused of growing pot in unlicensed areasThe move ends a three-year regulatory morass that saw more than $500-million in value being wiped off one of Canada’s first large-scale producers of legal cannabis
Read more »
OSC says no reasonable prospect of conviction in CannTrust case | Globalnews.caOntario Securities Commission says it no longer has a reasonable prospect of conviction against three former cannabis company leaders linked to securities offenses at CannTrust.
Read more »
OSC says no reasonable prospect of conviction in CannTrust case - BNN BloombergBREAKING: The Ontario Securities Commission says it no longer has a reasonable prospect of conviction against three former cannabis company leaders linked to securities offenses at CannTrust Holdings Inc.
Read more »
The FTX money trail: Bankruptcy lawyers shift attention to these FTX doneesIf guilty, several representatives that accepted donations from FTX would be forced to return them SBF’s personal donation amounted to $40 million as per reports It has been a little over a month since Bahamas-based crypto exchange FTX filed for Chapter 11 bankruptcy. However, during the same time, creditors of the exchange have anxiously waited […]
Read more »