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Cannabis Stock Update: Let's Toke Business - Week of January 12th

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

by Ted Ohashi MBA, CFA

 

January 15, 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.

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