August 9, 2019 / 11:33 AM / in 14 days

CannTrust says KPMG withdraws audit report

Aug 9 (Reuters) - Cannabis producer CannTrust Holdings Inc said on Friday its auditor KPMG LLP has withdrawn its report on the company’s financial statements for full-year 2018 and its interim report dated May 13.

KPMG’s decision was prompted after CannTrust cautioned against relying on its financial statements and as new information from an investigation by a special committee was shared with the auditor.

Last month, the Canadian health regulator had found unlicensed pot cultivation by the company.

Reporting by Arundhati Sarkar in Bengaluru; Editing by Subhranshu Sahu

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