Cannabis Stock Update:
Let's Toke Business - Week of February 16th
Enterprise Group
(TSX: $E.TO) Named Lead Sponsor for Let's Toke Business: The Commerce of
Cannabis
by Ted Ohashi MBA, CFA
February 20, 2018 (Investorideas.com Newswire) Our Sponsor, Enterprise Group, Inc. [TSX:
E] (a consolidator of services to the energy
sector) was included in The Well Street Journal’s resource metrics’ chart for
six Oil Field and Facility construction companies.
Enterprise
numbers were impressive including the lowest price/book at .04x ($0.37 vs.
$0.85). Since the resource decline began in 2014-15, the Company has been cash
flow positive, and a decisive return to profitability with Q4 2017 EPS of $0.02
and Q3 2017 EPS of $0.01. The Company is pleased with the activity in the first
part of Q1 2018.
From
Jan 29th Well Street: “Companies are moving from inward-looking cost-cutting
measures to seeking growth in an improving market. If you’re selling, make sure
you differentiate yourself. Those with proprietary products and services will
fare better in 2018 than the so-called ‘me-too’ businesses. Buyers will be
looking for stand-out companies that have achieved differentiation, strong
management teams and a broad customer
base”
Week Ended February 16, 2018
• Cannabis
stocks in a yo-yo pattern…………………………………….……….………….…....…..…........…p2
• Where are
we in the cannabis stock market cycle?...................................……………………………......p3
• Canopy
third quarter results solidify their industry leading
position.……………………………….……p9
•
Organigram’s aggressive expansion plan given Health Canada’s
blessing………………….………….p9
• Petitpas
Taylor fumbling the Cannabis Act approval
schedule……….…………..................................p10
• Provinces
move forward while Petitpas stumbles…………………....…………………………...………...p10
• Sun Life
adds cannabis to group medical plans………………..……………...........................................p11
• Alan
Brochstein’s 420 Investor summarizes the week in Cannabis in the
U.S..……………................p11
• B.C. Tweed Joint Venture becomes 90th
Licensed Producer approved by Health Canada…………..p11
Read: Complete
Report
Read this news in
full at http://www.investorideas.com/news/2018/cannabis/02201LetsTokeBusiness-TSXE.asp
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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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