Cannabis Stock Update: Let's Toke Business - Week of April 27th
Enterprise Group Named Lead Sponsor for Let's Toke Business: The Commerce of Cannabis.
by Ted Ohashi MBA, CFA
April 30, 2018 (Investorideas.com Newswire) Hopefully some LTB readers picked up some Enterprise (TSX: E) over the last months. The Company took a marketing gamble by sponsoring LTB in order to expose themselves to investor groups that they normally wouldn't see.
On Friday April 20th, the share price rose to a high of $0.62. YTD that is close to a 100% return so far in 2018. There seems no exact reason why this happened, but it seems the well-executed growth plan has finally resonated with investors. Perhaps the next thing to come with be a savvy acquisition. It proves once again that with small caps, management is the driving force. There's likely lots more to come.
Week Ended April 27th, 2018
- Ted Ohashi's recent articles on Seeking Alpha..........p2
- Cannabis stocks hit a bump..........p2
- Interview with Tony Holler and Dave Negus of Sunniva..........p3
- Canopy files eight provisional U.S. patents..........p7
- The Green Organic Dutchman to list on TSX on May 2, 2018..........p7
- Emblem reports fiscal year results..........p7
- Scotts Miracle-Gro continues foray into the cannabis industry..........p8
- New Cannabis Ventures Public Company Revenue Tracker Updates..........p8
- Applcations Watch: three new LPs approved this week bringing the total to 104..........p9
- Complete text of The Lexaria Train May Be Leaving the Station. Don't Be Left Behind..........p11
Read: Complete Report
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