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Cannabis Stock Update: Let's Toke Business - Week of February 2nd

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


by Ted Ohashi MBA, CFA

 

February 5, 2018 (Investorideas.com Newswire) Following Enterprise Group, Inc. [TSX: E] (a consolidator of services to the energy sector) announcement in early January 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, the share price rose 40% from the Jan 2 2018 level of C$0.315 to C$0.44 by last Friday's close: The shares hit C$0.46, the second new 52-week high to date in 2018. Daily trade volumes were also significantly higher.

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

Week Ended February 2, 2018

  • Cannabis stocks hit severe turbulence..........p2
  • What does the marijuana stock crash mean?..........p3
  • Organigram reports record quarterly sales..........p6
  • Aphria unloads Copperstate to comply with Canadian regulators..........p6
  • Canadian Licensed Producer raise an additional $234 million..........p7
  • Namaste reports sales of $4.9 million..........p7
  • Overdose deaths rise to 1,422 in B.C. in 2017..........p7
  • ETFMG might face portfolio liquidation..........p7
  • New Cannabis Ventures produces new series of cannabis stock indexes..........p8
  • No news Licensed Producers approved this week..........p8

Read: Complete Report


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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



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