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Cannabis Stock Update: Let's Toke Business - Week of January 19th

Enterprise Group Named Lead Sponsor for Let's Toke Business: The Commerce of Cannabis.


by Ted Ohashi MBA, CFA

 

January 22, 2018 (Investorideas.com Newswire) On January 8th Enterprise Group, Inc. ("Enterprise," or "the Company") [TSX: E], a consolidator of services to the energy sector announced that it had secured a one-year rental equipment supply and services agreement valued at C$9.1 million with one of Canada's largest energy producers, focused on growing its strong portfolio of diverse resource plays.

Enterprise Group Named Lead Sponsor for Let’s Toke Business: The Commerce of Cannabis.

For context, this past week saw its shares rise to hit two new 52 week highs and settle the week up 10%. Daily trade volumes were also significantly higher.

Following the significant 2014-15 resource downturn, Enterprise and its four subsidiaries--unlike many peers-- used the opportunity to streamline operations, deliver positive cashflow every quarter and return to profitability. Here is the most recent corporate update with contact information. Each week we will bring you the most recent Enterprise corporate highlights alongside Ted Ohashi's Let's Toke Business' in-depth Cannabis analysis. Enterprise Group is listed on the TSX.

Week Ended January 19, 2018

  • Cannabis stocks demonstrate increased volatility..........p2
  • Market data shows dried cannabis sales fall further behind oils..........p2
  • Canadian Securities Administrators (CSA) considering significant change..........p5
  • New Cannabis Ventures lists stocks possibly affected by CSA change..........p6
  • Organigram to raise $100 million..........p6
  • Aphria reports excellent second quarter results..........p7
  • Cannabis companies have raised almost $700 million ..........p7
  • Public Cannabis Company Revenue Tracker update..........p8
  • Namaste publishes annual audited results, finally..........p9
  • Aqualitas and Radicle Medical Marijuana approved this week..........p9

Read: Complete Report


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Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country



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