CannTrust Holdings Inc. U.S.-listed shares

CTST, -1.55%

TRST, +1.18%

fell about eight% in premarket trade Thursday, following the Canadian cannabis firm stated the Alberta Gaming, Liquor and Cannabis Commission (AGLC) has informed it that it will return all of company’s goods sold to it, which are valued at about C$1.three million ($979,000). Below the terms of the provide agreement that CannTrust has with the AGLC, it can return goods sold for any explanation and the firm will be accountable for the expense of the goods and all other costs connected to the return, CannTrust stated in a statement. The AGLC is accountable for wholesale distribution of cannabis goods to licensed cannabis retailers in Alberta and operates independently of Overall health Canada, the Canadian wellness ministry. CannTrust, which earlier this week had its cannabis license suspended following it was located to be increasing cannabis in unlicensed rooms, stated it remains focused on attaining total regulatory compliance. Shares have fallen 74% in 2019, even though the ETFMG Option Harvest ETF

MJ, -.25%

has fallen about four% and the S&P 500

SPX, +.03%