Get investor ideas from our AI, cannabis, cleantech, crypto, gaming, mining, sports podcasts - be a guest or sponsor: call 800 665 0411

Share on StockTwits

Cannabis Stock Update: Let's Toke Business - Week of March 9th

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

by Ted Ohashi MBA, CFA


March 12, 2018 ( 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 iteself 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.

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

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 9th, 2018

  • Ted Ohashi's recent articles on Seeking Alpha..........p2
  • Expected bounce takes place and may continue..........p2
  • International trends in cannabis: Part I..........p3
  • Canopy battles to acquire Alcaliber..........p5
  • We lower our rating on Emerald Health to sell..........p6
  • WeedMD and Phivida made beverage deal looking a year of more into the future..........p6
  • Will Bayer/Monsanto take over the cannabis industry?..........p6
  • New Cannabis Ventures reports on guru Jeffrey Friedland charged by the SEC..........p7
  • No new Licensed Producers approved this week..........p7

Read: Complete Report

Disclaimer/Disclosure: 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: 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: Global investors must adhere to regulations of each country

Marijuana / Hemp Stocks

Marijuana / Hemp Stocks

At and

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