CannTrust’s CEO didn’t just lose his job, he likely lost $8.2 million in stock options

Here’s the introduction to their piece

CannTrust fired Aceto, and chairman Eric Paul was asked to resign Thursday after a Globe and Mail report cited internal emails showing the executives were aware that pot was being grown in unlicensed rooms about seven months before Health Canada unearthed the breach.

Aceto’s stock options will likely be canceled, as typically happens when an executive is fired with cause. Even if they’re not canceled, the options remain well under water following the recent stock plunge related to the licensing scandal.

More at  https://business.financialpost.com/cannabis/cannabis-business/canntrust-ceo-loses-job-6-million-in-options-cannabis-weekly

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