Since its 52-week high of $15.50, CannTrust has fallen to $1.50 per share as of writing. That is a loss in value of over 90%. Stocks must maintain a float of a minimum 0.04% of the overall index to remain eligible for listing on the TSX. Similarly, on the NYSE, CannTrust must support a share valuation above $1 — a threshold that it is close to crossing at the current market price of $1.13.

CannTrust’s float is now $88.4 million at a market capitalization of $166.91 million — less than the required threshold to meet the minimum requirement.
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