#Cannabis #Stock Update:
Lets Toke Business - Week of March 9th
Enterprise Group
(TSX: $E.TO) Named Lead Sponsor for Let's Toke Business: The Commerce of
Cannabis
by Ted Ohashi MBA, CFA
March 12, 2018 (Investorideas.com Newswire) On March 6, our Sponsor, Enterprise Group, Inc. [TSX: E] (a consolidator
of services to the resource and energy sector in Western Canada) announced that
it had divested iteself of one of four subsidiaries, CT Underground for $21
million dollars. E shares are up 40% YTD and the Company is now debt free. Next
step is to look for businesses that will continue and grow E's leadership in
the industrial resource equipment rental market, initially in Western Canada.
The
industrial rental market is expected to grow significantly into the 2020's.
Enterprises shares have outperformed the markets Year-to-date. Shares are now
trading at $0.435 up an impressive 40% since January 2nd 2018, and the S&P
has taken a Trumping and is up only 4.25% YTD. Lots more to come.
Since
the resource decline began in 2014-15, the Company has been cashflow 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.
Week Ended March 9th
2018
• Ted Ohashi’s recent articles on Seeking
Alpha……………………………………………..…………………p2
• Expected bounce takes place and may continue……….….…………………………….…....…..…........…p2
• International trends in cannabis: Part
I……...........................……………………………………………......p3
• Canopy battles to acquire
Alcaliber.……….………………………………...............................….…….……p5
• We lower our rating on Emerald Health to
sell………..……………….…………..………………….……….p6
• WeedMD and Phivida made beverage deal
looking a year or more into the future…………………..…p6
• Will Bayer/Monsanto take over the cannabis
industry?...........................................................................p6
• New Cannabis Ventures reports on guru
Jeffrey Friedland charged by the SEC..………….…..………p7
• No new Licensed Producers approved this
week……….………………..……….……...………...………...p7
Read: Complete
Report
Read this news in
full at http://www.investorideas.com/news/2018/cannabis/03121LetsTokeBusiness-TSXE.asp
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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
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