CannTrust Holdings Inc. announced the appointment of Peter Aceto as Chief Executive Officer of CannTrust, effective immediately. Eric Paul, CannTrust's Co-Founder and leader, has stepped down from his role as Chief Executive Officer, and has been named Chairman of the Board and Special Advisor to CannTrust's management team. Mark Litwin is assuming the role of Vice Chairman.

Peter Aceto is globally recognized and a seasoned professional who brings decades of significant experience in leading companies in the public markets. Previously, for 10 years, Peter was President & CEO of Tangerine Bank; held the positions of Chief Risk Officer, Chief of Staff and Chief Lending Officer at ING DIRECT in the U.S., and was Legal and General Counsel at ING DIRECT in Canada.