Cannabis Stock Update: Let's Toke Business - Week of January 19th
Enterprise Group Named Lead Sponsor for Let's Toke Business: The Commerce of Cannabis.
by Ted Ohashi MBA, CFA
January 22, 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.
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. Here is the most recent corporate update with contact information. Each week we will bring you the most recent Enterprise corporate highlights alongside Ted Ohashi's Let's Toke Business' in-depth Cannabis analysis. Enterprise Group is listed on the TSX.
Week Ended January 19, 2018
- Cannabis stocks demonstrate increased volatility..........p2
- Market data shows dried cannabis sales fall further behind oils..........p2
- Canadian Securities Administrators (CSA) considering significant change..........p5
- New Cannabis Ventures lists stocks possibly affected by CSA change..........p6
- Organigram to raise $100 million..........p6
- Aphria reports excellent second quarter results..........p7
- Cannabis companies have raised almost $700 million ..........p7
- Public Cannabis Company Revenue Tracker update..........p8
- Namaste publishes annual audited results, finally..........p9
- Aqualitas and Radicle Medical Marijuana approved this week..........p9
Read: Complete Report
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/News/Clientspecifics.asp Disclosure: Enterprise is a paid PR news and social media client effective January 12018 for three months -five thousand per month
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
At Cannabisinvestorideas.com and Investorideas.com
Like Marijuana / Hemp Stocks? View our Marijuana / Hemp Stocks Directory
Join our Group on Linkedin - Marijuana / Hemp Stocks - News and Trends in Green Investing
Also check out our AI blog Global Cannabis Investing - features Investor Ideas Cannabis news