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CannTrust Provides Default Status Report

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Vlad Poptamas




CannTrust Holdings Inc. (“CannTrust” or the “Company”, TSX: TRST, NYSE: CTST) today is providing a status update in accordance with its obligations under the alternative information guidelines set out in National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”), which require the Company to provide bi-weekly updates until such time as the Company is current with its filing obligations under Canadian securities laws. As previously announced, the Company is subject to a management cease trade order (“MCTO”) issued by the Ontario Securities Commission. The MCTO prohibits the directors and executive officers of the Company from trading in or acquiring securities of the Company until two full business days after the Company files an interim financial report for the three and six month periods ended June 30, 2019, an interim management’s discussion and analysis for the corresponding period and certifications of interim filings. The MCTO does not affect the ability of investors who are not insiders to trade in the securities of the Company.

The Company advises that: (i) there have been no material changes to the information contained in the Company’s August 16, 2019 news release, August 29, 2019 news release, September 12, 2019 news release, and September 26, 2019 news release; (ii) it intends to continue to comply with the alternative information guidelines of NP 12-203; and (iii) except as previously disclosed, there are no subsequent specified defaults (actual or anticipated) within the meaning of NP 12-203.

Forward-Looking Statements

This press release contains “forward-looking information” within the meaning of Canadian Securities laws and “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and other applicable United States safe harbor laws, and such statements are based upon CannTrust’s current internal expectations, estimates, projections, assumptions and beliefs and views of future events. Forward-looking information and forward-looking statements can be identified by the use of forward-looking terminology such as “believes”, “expect”, “likely”, “may”, “will”, “should”, “intend”, “anticipate”, “potential”, “proposed”, “estimate” and other similar words, including negative and grammatical variations thereof, or statements that certain events or conditions “may”, “would” or “will” happen, or by discussions of strategy.

The forward-looking information and statements in this news release include statements relating to the corrective actions being taken by the Company, and Health Canada’s pending determinations. Forward-looking information and statements necessarily involve known and unknown risks, including, without limitation: actions taken in respect of the Company’s products by its customers and regulators; results of Health Canada’s investigation, including orders and compliance measures required by Health Canada and their impact on the operations, inventory, assets and financial condition of the Company; the Company’s implementation of remediation plans and related actions; regulatory approval; risks associated with general economic conditions; adverse industry events; loss of markets; future legislative and regulatory developments in Canadathe United States and elsewhere; the cannabis industry in Canada generally; and, the ability of CannTrust to implement its business strategies.

Any forward-looking information and statements speak only as of the date on which they are made, and, except as required by law, CannTrust does not undertake any obligation to update or revise any forward-looking information or statements, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for CannTrust to predict all such factors. When considering these forward-looking information and statements, readers should keep in mind the risk factors and other cautionary statements in CannTrust’s Annual Information Form dated March 28, 2019 (the “AIF”) and filed with the applicable Canadian securities regulatory authorities on SEDAR at and filed as an exhibit CannTrust’s Form 40-F annual report under the United States Securities Exchange Act of 1934, as amended, with the United States Securities and Exchange Commission on EDGAR at The risk factors and other factors noted in the AIF could cause actual events or results to differ materially from those described in any forward-looking information or statements.

The TSX and NYSE do not accept responsibility for the adequacy or accuracy of this release.


SOURCE CannTrust Holdings Inc.

Artificial Intelligence

Hydraulic Fracturing Market Worth $71.72 Billion by 2026, at 8.69% CAGR; Increasing Demand for Energy Worldwide to Augment Growth: Fortune Business Insights™




Pune, Jan. 24, 2020 (GLOBE NEWSWIRE) — The global Hydraulic Fracturing Market size is projected to reach USD 71.72 billion by 2026, thereby exhibiting a CAGR of 8.69% during the forecast period. However, it stood at USD 37.23 billion in 2018. Fortune Business Insights™ published this information in a recent report, titled, “Hydraulic Fracturing Market Size, Share & Industry Analysis, By Well Type (Horizontal, and Vertical), By Technology (Plug & Perf, and Sliding Sleeve), and By Application (Onshore, and Offshore), Regional Forecast, 2019-2026.” The report further states that this technology has been aiding in reducing material and energy costs, as well in as stimulating the economic activities for a wide range of businesses, namely, supply and service companies.

What Does This Report Contain?

  • In-depth information about the Hydraulic Fracturing Market trends, opportunities, challenges, growth drivers, and hindrances.
  • Elaborate analysis of the competitive landscape and market dynamics.
  • Crucial regions present in the market.
  • Profiles of the major companies and their business strategies.

To gain more insights into the market with detailed table of content and figures, click here:

Rising Exploration of Unconventional Gas Worldwide to Drive Growth

The countries across the world are gradually transforming conventional exploration by assessing quintessential unconventional gases, namely, coal bed methane gas, tight gas, and shale gas. In North America, the pre-existing players in the U.S. are investing extensively in the exploration activities of these gases by adopting hydraulic fracturing.

Moreover, the unconventional gas offers large amount of energy reserves to fulfill the massive unmet demand for energy owing to the increasing potential of production and exploration of tight and shale gas. Natural gas is also being produced through fracking and it has exhibited a positive outcome. All these factors are set to boost the Hydraulic Fracturing Market growth during the forecast period.

Asia Pacific to Exhibit Astonishing Growth Owing to China’s Development of New Technology

Geographically, the market is divided into Latin America, Europe, the Middle East and Africa, North America, and Asia Pacific. Out of these, in North America, the number of exploration activities is increasing. In the U.S., a blend of federal regulation, effective state, best practices, and industry standards is preventing the environment and the communities from hazards. Additionally, it would help the country in boosting its natural gas production. Hence, the ongoing investments by key players in the exploration of unconventional gas, as well as technological developments are set to increase the Hydraulic Fracturing Market revenue in this region.

In Asia Pacific, China has managed to cut off the cost of drilling exploration wells by around 40% by developing homegrown drilling technology. The country is making an impressive progress in extracting natural gas from shale rock formations. It would soon replicate the shale gas revolution that had taken place in the U.S. Other countries around the world, such as Australia, Russia, Argentina, and Canada have started utilizing hydraulic fracturing to gain the maximum number of energy reserves.

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Key Players Focus on Launching Unique Products to Expand Product Portfolio

Prominent enterprises operating in the market are engaging in launching new products equipped with state-of-the-art technology. They are doing so to acquire the maximum Hydraulic Fracturing Market share in the near future. Below are a couple of the key industry developments:

  • March 2019: Halliburton Company, an oil field service companies based in Houston, launched its new monobore sleeve solution named Elect frac sleeve. The sleeve is best suited for multistage fracturing operations as it enables unlimited stage count. As per the company, it is one of the biggest steps in completion sleeves and supports greater flexibility. Also, it uses the power of electronics to assist efficiencies in hydraulic fracturing.
  • April 2019: Baker Hughes Company, an international industrial service company headquartered in Texas, unveiled its latest electric frack turbines to keep up with its pledge to have net-zero carbon emissions by 2050. The turbines would help in making electricity for oilfield equipment by using natural gas. The company is set to debut them in the Permian Basin.

Fortune Business Insights™ profiles a few of the most renowned companies present in the Hydraulic Fracturing Market. They are as follows:

  • Calfrac Well Services
  • Halliburton
  • Basic Energy Services
  • Baker Hughes, a GE Company
  • Superior Energy Services
  • Schlumberger
  • US Well Services
  • Weatherford
  • RockPile Energy Services
  • ProPetro Holding Corp.
  • FTS International
  • Trican Well Services Ltd.
  • BJ Services
  • Liberty Oilfield Services
  • Cudd Energy Services
  • Other key market players

Have Any Query? Ask Our Experts:

Table of Content:

  • Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Key Insights
    • Key Emerging Trends – For Major Countries
    • Latest Technological Advancement
    • Regulatory Landscape
    • Industry SWOT Analysis
    • Porters Five Forces Analysis
    • Value Chain Analysis
  • Global Hydraulic Fracturing Market Analysis (USD Billion), Insights and Forecast, 2015-2026
    • Key Findings / Summary
    • Market Analysis, Insights and Forecast – By Well Type
      • Horizontal
      • Vertical
    • Market Analysis, Insights and Forecast – By Technology
      • Plug & Perf
      • Sliding Sleeve
    • Market Analysis, Insights and Forecast – By Application
      • Onshore
      • Offshore
    • Market Analysis, Insights and Forecast – By Country
      • U.S.
      • Canada
      • Argentina
      • Russia
      • China
      • Australia
      • Rest of the World


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(Have a Look at Reports Trending in Energy & Power Industry)

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Artificial Lift System Market Size, Share and Industry Analysis By Type (Electric Submersible Pump (ESP), Sucker Rod Pump (SRP), Progressive Cavity Pump (PCP), Gas Lift, Others), By Application (Onshore, Offshore) and Regional Forecast, 2019-2026

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Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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Global Beauty and Personal Care Product Market is Expected to Reach USD 756.63 Billion by 2026 : Fior Markets




Newark, NJ, Jan. 24, 2020 (GLOBE NEWSWIRE) — As per the report published by Fior Markets, the global beauty and personal care products market is expected to grow from USD 493.34 billion in 2018 to USD 756.63 billion by 2026, at a CAGR of 5.81% during the forecast period 2019-2026.

Beauty and personal care products are used to enhance the appearance of the face or fragrance and texture of the body. Many beauty products are designed for applying to the face and body. They are generally mixtures of chemical compounds derived from natural sources or maybe synthetic or artificial. Nowadays, many companies are producing natural and organic beauty and personal care products, with the increasing consumer concern over chemical usage in beauty products. In addition to this, an increasing trend of personalization and customization of beauty and personal care products is expected to offer considerable opportunities in the market. Moreover, innovation in packaging of beauty products is further boosting the growth of the market, during the forecast period 2019–2026.


Global Beauty and Personal Care Product Market Key Findings:

  • Factors such as the rising preference for organic beauty and personal care products, increasing ageing population, rising concern over appearance are driving the global beauty and personal care product market.
  • The volatility in the raw material prices and erratic supply of raw materials is expected to hinder the market growth.
  • The product segment is divided into skincare/sun care, hair care, makeup & color cosmetic products, deodorants/fragrances, others. The skincare segment emerged as the leader in the global beauty and personal care product market with a revenue of USD 134.47 billion in 2018.  Increasing aging population across the globe are rising concern over skin health are the major factors driving the growth of the market.
  • The type segment includes vegan, organic, and inorganic. The vegan segment is anticipated to grow at the highest CAGR of 6% over the forecast period. With rising awareness about the negative impacts of animal-derived products, the demand for vegan beauty and personal care product is rising.
  • The distribution channel is fragmented into online and offline. The offline segment holds more than 85% market share of the global beauty and personal care product market. Many consumers prefer to buy beauty products through offline retail stores such as supermarket, malls, and hypermarket across the globe. However, factors such as increasing internet penetration, technological advancements, rising adoption of smartphones, and growth of social media have boosted the growth prospects of online distribution channel in the global beauty and personal care product market.
  • The regions analyzed for the global beauty and personal care product market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. The Asia Pacific region emerged as the largest market for the beauty and personal care product and held a market value of USD 160.32 billion in the year 2018.
  • Factors such as growing population, rising internet and smartphone penetration, and increasing demand for organic and natural beauty products led the Asia Pacific region to  dominate the global beauty and personal care product market in 2018.
  • North America held a significant market share in the global beauty and personal care product market, owing to the presence of several key market players in this region.
  • Major players in the global Beauty and personal care product market are Beiersdorf AG, Coty Inc., Kao Corporation, L’occitane International S.A., L’Oréal Group, and Procter & Gamble among others. Many companies have adopted to key strategies such as merger and acquisition, geographical expansion, new product development, and innovation in product offering to gain the competitive advantage in the global beauty and personal care product market.
  • In the year 2019, L’Occitane International SA announced the acquisition of British beauty and skincare brand Elemis to tap millennials and Generation X consumers. With this acquisition, L’Occitane International SA is intended to strengthen its global growth as it expands its market, particularly in Asia where high-end skincare is a rapidly growing area of interest and spend for consumers.
  • In the year 2019, Coty Inc. and Kylie Jenner announced that they have entered into a long-term strategic partnership in order to jointly build and further develop Kylie’s existing beauty business into a global powerhouse brand. Together, Coty and Kylie will set and lead the strategic direction of the partnership, focusing on global expansion and entry into new beauty categories.
  • In November 2019, Kao Corporation announced the development of small, high-performance diffuser which embodies Fine Fiber Technology to create a layered, ultra-thin skincare product. Kao launched this technology under the Kao brand est and the Kanebo brand SENSAI, which offer a new night time skincare routine that combines ultra-thin membrane formed by the diffuser with essence.
  • Ikkai, a premium organic skincare brand was launched in India in October 2018. Ikkai offers an innovative range of skincare products that are made with naturally sourced ingredients and enzymes.

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About the report:

The global beauty and personal care product market is analysed on the basis of value (USD Billion). All the segments have been analyzed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment. The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The study includes porter’s five forces model, attractiveness analysis, raw material analysis, supply, demand analysis, competitor position grid analysis, distribution and marketing channels analysis.

Customization of the Report:

The report can be customized as per client requirements. For further queries, you can contact us on or +1-201-465-4211. Our executives will be pleased to understand your requirements and offer you the best-suited reports.

About Fior Markets

Fior Markets is a futuristic market intelligence company, helping customers flourish their business strategies and make better decisions using actionable intelligence. With transparent information pool, we meet clients’ objectives, commitments on high standard and targeting possible prospects for SWOT analysis and market research reports. Fior Markets deploys a wide range of regional and global market intelligence research reports including industries like technology, pharmaceutical, consumer goods, food and beverages, chemicals, media, materials and many others. Our Strategic Intelligence capabilities are purposely planned to boost your business extension and elucidate the vigor of diverse industry. We hold distinguished units of highly expert analysts and consultants according to their respective domains. The global market research reports we provide involve both qualitative and quantitative analysis of current market scenario as per the geographical regions segregated and comprehensive performance in different regions with global approach. In addition, our syndicated research reports offer a packaged guide to keep companies abreast of the upcoming major restyle in their domains. Fior Markets facilitates clients with research analysis that are customized to their exact requirements, specifications and challenges, whether it is comprehensive desk research, survey work, composition of multiple methods, in-detailed interviewing or competitive intelligence. Our research experts are experienced in matching the exact personnel and methodology to your business need.

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CellaVision AB presents the year-end bulletin for 2019 on February 5 at 11:00 CET




The information was submitted to the public on January 24, 2020 at 8:20 CET

CellaVision AB (publ) will publish the year-end bulletin on February 5, 2020 at 8:20 CET.
The report will be available at

In connection with the release of the interim report analysts, investors and media are hereby invited to a telephone conference and audio webcast at 11:00 CET where
Zlatko Rihter, President & CEO, will present and comment the report.

The presentation will be in English via a conference call or audio webcast:

Phone number for the conference:
SE: +46 8 505 583 57
UK: +44 3 333 009 034
US: +1 8 335 268 381

No pre-registration is required. Please dial in 5-10 minutes prior to the scheduled start time to facilitate a timely start.

About CellaVision
CellaVision is an innovative, global medical technology company that develops and sells its own leading systems for routine analysis of blood and other body fluids in health care services. The products replace manual laboratory work, and secure and support effective workflows and skills development within and between hospitals. The company has leading-edge expertise in sample preparation, image analysis, artificial intelligence and automated microscopy. Sales are via global partners with support from the parent company in Lund and by the company´s
17 local market support organizations covering more than 30 countries. In 2018, sales were SEK 365 million and the company’s growth target is 15% per year over an economic cycle. CellaVision’s registered office is in Lund, Sweden. The share is listed on the Nasdaq Stockholm, Mid Cap list.


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