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#Cannabis #Stock Update: Lets Toke Business - Week of March 23rd
#Cannabis #Stock Update:
Lets Toke Business - Week of March 23rd
Enterprise Group
(TSX: $E.TO) Named Lead Sponsor for Let's Toke Business: The Commerce of
Cannabis
by Ted Ohashi MBA, CFA
March 26, 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 itself 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 23rd 2018
- Ted Ohashi's recent articles on Seeking Alpha..........p2
- Cannabis market sent lower by shoddy CBC reporting..........p2
- International trends in cannabis: Part III Middle East and
Australasia..........p3
- CBC News causes some investors to lose money
unnecessarily..........p4
- Health Canada defines cannabis advertising rules..........p5
- What the Rohrabacher-Blumenauer amendment means to you..........p6
- How Rohrabacher-Blumenauer benefits Sunniva..........p6
- Lexaria receives Notice of Allowance from the U.S. providing for
"Composition of matter"..........p6
- WEED not tring to acquire Alcaliber..........p6
- Supreme Cannabis to import cannabis oil from Lesotho..........p6
- Muskoka Growth in Ontario becomes Licensed Producer #94..........p7
- Complete text of 'Sunniva: If You Like It, Buy It Now; If You Don't
Like It, Buy It Now Anyway'..........p9
Read: Complete Report
Read this news in
full at http://www.investorideas.com/news/2018/cannabis/03261LetsTokeBusiness-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
Marijuana / Hemp Stocks
Friday, March 23, 2018
Investorideas.com - New Hampshire House Narrowly Votes to Study, Not Pass, Marijuana Bill
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Get the latest Cannabis and Hemp stock news from www.investorideas.com
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