Cannabis Stock Update: Let's Toke Business - Week of March 28th
Enterprise Group Named Lead Sponsor for Let's Toke Business: The Commerce of Cannabis.
by Ted Ohashi MBA, CFA
April 3, 2018 (Investorideas.com Newswire) Since the resource decline began in 2014-15, E has been cash flow positive with a decisive return to profitablility with Q4 2017 EPS of $0.02 and Q3 2017 EPS of $0.01. Enterprise is pleased with the activity in the first part of Q1 2018.
Throughout 2017, Enterprise has experienced a meaningful increase in activity from its existing customers coupled with a substantial surge in new customers, which has resulted in increased market share for its four business units. Management's efforts to streamline and maximaize efficiencies have translated into improved margins, positive cash-flow quarter after quarter and a strong return to profitability.
Week Ended March 28th, 2018
- Ted Ohashi's recent articles on Seeking Alpha..........p2
- Review and outlook for cannabis stocks after first quarter results..........p2
- Individual stock outlooks: APH, ACB, WEED, EMH, LXRP, NXTTF, OGI, RTI and SNN..........p5
- Barron's report triggers stock selloff and possible selling climax..........p6
- Health Canada reports number of registered patients continues to rise..........p6
- Aphria renames Nuuvera as Aphria International..........p7
- Namaste to import cannabis from Colombia..........p7
- Bliss Co (BC), MedPharm (ON) and UP Cannabis 2nd Site receive production licenses..........p7
- Complete text of Sunniva: Leading The World's Two Largest Legal Cannabis Markets..........p10
Read: Complete Report
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