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Enertopia Inc. (ENRT)

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Last Post: 12/6/2016 1:27:01 PM - Followers: 188 - Board type: Free - Posts Today: 3

"Times Have Changed So Have We" Enertopia Corp. (OTCBB: ENRT)

Enertopia Targets Canadian Medical Marijuana Business

The Canadian government predicts a $1.3 billion industry in 10 years, and industry experts believe estimates could be closer to $2.6 billion by 2016.
From our perspective, Enertopia is uniquely positioned by being a publically traded company in both the USA and Canada with our headquarters in British Columbia, Canada. We believe we are the only public company of our kind participating in this rapidly growing business opportunity," stated Robert McAllister, President and CEO for Enertopia Corp.

"We applaud the fact that Canada has embarked on a historic and ambitious move, giving rise to a new and emerging industry that could eventually top several billion dollars and count half a million patients within Canada. We believe the industry won't face most of the legal risks and hurdles associated with growing and selling marijuana in the United States, because of existing federal legislation that governs the cultivation of marijuana in Canada.

With the new rule changes in Canada likely to eliminate some 25,000 private home growers by March 31st 2014, patients will only be able to receive medical marijuana directly through approved and licensed producers. It is here where we see Enertopia capitalizing on the consolidation opportunity from the current system: small independent operators will be challenged to comply with the stricter new legislative requirements, while larger entities operating only the most trusted and secure systems have the ability to thrive," further stated McAllister.

Enertopia issued 10,000,000 shares on signing the LOI and will issue an additional 10,000,000 shares and $1,375,000 dollars to earn up to a 51% interest in the private operation over 4 years.

The Senior Qualified Person in charge of the private medical marijuana operation will join the Enertopia Board of Directors upon closing of the definitive agreement.

*The private company has applied for a new medical marihuana license under the new Medical for Marihuana Regulations Purposes (MMRP) program. The current operation already meets many of the new and rigorous security features that Health Canada has put in place to ensure the production, quality and security of any operation is of the highest standards.

Below: October Photo of One of the Production Rooms


Enertopia Updates Shareholders on Medical Marijuana Business

Vancouver, BC--Enertopia Corporation (TOP) (the "Company" or "Enertopia") is pleased to provide this update with respect to our news release of Monday Nov 4th.

After receiving many positive phone calls and emails about the Medical Marijuana opportunity we would like to provide an update to all stakeholders of Enertopia and an audio interview which is included with this press release.

As previously outlined, the current Canadian Medical Marijuana system is transitioning from small scale user grow system to a more robust quality control and secure system where every gram produced is tracked from producer to patient.

Using the Health Canada numbers for current and projected patients the sector is expected to see 50% plus growth per year over the next 10 years in the number of patients for the Canadian domestic market only. Approved Health Canada producers under the new Medical for Marihuana Regulations Purposes (MMRP) will also be allowed to export to other countries in the World.

Health Canada estimates that the selling price will be $7.60 Canadian per gram in 2014. This would put the Canadian domestic Medical Marihuana industry at over $100 million in sales in 2014, rising to over $1.3 Billion in sales by 2024.

*We selected this sector as providing the best opportunity to provide near term cash flow with a economical initial Capital expenditure that offers sustainable growth in production as outlined above.

Under the terms of the LOI Enertopia issued 10,000,000 common shares for a total of 41,164,414 issued and outstanding common shares. The private company now has an approximate 25% equity stake in Enertopia.

-Upon signing the Definitive Agreement Enertopia will issue 5,000,000 shares and $175,000 in cash. The money will be used for expanding as new patients are signed up. The Qualified Person in Charge will join the Enertopia Board of Directors.

-Six months 1,000,000 shares and $200,000 in cash used to expand the facilities.

-One year anniversary $200,000 and 1,000,000 shares

-Two year anniversary $200,000 and 1,000,000 shares

-Third year anniversary $300,000 and 1,000,000 shares

-Fourth year anniversary $300,000 and 1,000,000 shares

Enertopia will have a 30% ownership in the private company upon signing the Definitive Agreement which will increase to 51% by the fourth Anniversary. Net profits will be shared with Enertopia's proportionate share six months from signing the Definitive Agreement.

Enertopia has been able to structure a low cost entry point into an operation that is currently operating at a capacity of 900 plants and is placed in the top 10% in Canada.

The private company will be focused to grow and produce a high quality Medical product. The upfront capital infusion will allow current facilities to be upgraded and expanded to increase plant capacity and output as new patients are signed up.

Enertopia will focus on growing the business through market awareness and other programs across Canada to attract new patients.

We are at the early stages of a dynamic, growing industry that is poised to help hundreds of thousands of patients in the relief of their current pain and suffering.

Also, on November 5, 2013, Enertopia has granted 675,000 stock options to officers, directors and consultant as per the 2011 equity compensation plan. The exercise price of the options is US$0.06 vested immediately expiring on November 5, 2018.

Robert McAllister,


About Enertopia

Enertopia's shares are quoted in the USA with symbol ENRT and in Canada with symbol TOP. For additional information, please visit or call Robert McAllister, President, Enertopia Corporation at 1.250.765.6412

Enertopia Closes First Tranche Of Financing

November 26, 2013 1:18 PM

Vancouver, BC--Enertopia Corporation (ENRT) on the OTCBB and (TOP) on the CNSX (the "Company" or "Enertopia") is very pleased to announce it has closed the first tranche of $136,000 for its Private Placement announced on November 12, 2013. Enertopia will be issuing 2,720,000 common shares at $0.05 and 2,720,000 warrants that expire on November 12, 2016 with an exercise price of $0.10.

One of the individuals is a director in the first tranche of the private placement who participated for $85,000. Enertopia has and is continuing to receive very strong market interest and response in the medical marijuana business. Additionally, the Company has also been receiving interest from third parties in its other business divisions as well. Enteropia continues to be very dedicated in trying to increase shareholder value.

The securities issued will be subject to a hold period in Canada of four months and one day, or for any resale into the USA under Rule 144, six months and one day. Proceeds of the Private Placement will be used for general working capital and for corporate opportunities. The Private Placement will be subject to normal regulatory approvals.

The securities referred to herein will not be or have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.



Conservatives launching billion-dollar free market in medical MARIHUANA

The Conservative government is launching a $1.3-billion free market in medical marijuana this Tuesday, eventually providing an expected 450,000 Canadians with quality weed.

Health Canada is phasing out an older system that mostly relied on small-scale, homegrown medical marijuana of varying quality, often diverted illegally to the black market.

In its place, large indoor marijuana farms certified by the RCMP and health inspectors will produce, package and distribute a range of standardized weed, all of it sold for whatever price the market will bear. The first sales are expected in the next few weeks, delivered directly by secure courier.

“We’re fairly confident that we’ll have a healthy commercial industry in time,” Sophie Galarneau, a senior official with the department, said in an interview.

“It’s a whole other ball game.”

The sanctioned birth of large-scale, free-market marijuana production comes as the Conservatives pillory Liberal Leader Justin Trudeau’s campaign to legalize recreational marijuana.

Health Canada is placing no limits on the number of these new capital-intensive facilities, which will have mandatory vaults and security systems. Private-dwelling production will be banned. Imports from places such as the Netherlands will be allowed.

Already 156 firms have applied for lucrative producer and distributor status since June, with the first two receiving licences just last week.

The old system fostered only a cottage industry, with 4,200 growers licensed to produce for a maximum of two patients each. The Mounties have complained repeatedly these grow-ops were often a front for criminal organizations.

*The next six months are a transition period, as Health Canada phases out the old system by March 31, 2014, while encouraging medical marijuana users to register under the replacement regime and to start buying from the new factory-farms.

There are currently 37,400 medical marijuana users recognized by the department, but officials project that number will swell more than 10-fold, to as many as 450,000 people, by 2024. Continue Reading



Why does the Government of Canada still insist on calling it ‘Marihuana’?



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ENRT News: Annual Report (10-k) 11/29/2016 07:18:23 AM
ENRT News: Current Report Filing (8-k) 10/07/2016 11:33:36 AM
ENRT News: Enertopia Nevada Lithium Property Payments 10/07/2016 08:30:00 AM
ENRT News: Small Company Offering and Sale of Securities Without Registration (d) 10/05/2016 01:00:58 PM
ENRT News: Enertopia Closes Financing 09/23/2016 09:00:00 AM
#19826  Sticky Note $ENRT Lithium LOI NEWS OUT! stockman69 04/26/16 07:31:05 AM
#20962   Yes at 0.04, which tells me that at alfie63 12/06/16 01:27:00 PM
#20961   Priced at .04 chile2 12/06/16 10:46:48 AM
#20960   News release in Canada! alfie63 12/06/16 06:39:37 AM
#20959   The beauty of being able to increase down alfie63 12/01/16 10:42:26 AM
#20958   That sure would be nice...bought this at 0.135...smh...hoping snuff 11/17/16 04:41:37 PM
#20957   Definitive agreement is expected to close on or chile2 11/17/16 09:38:21 AM
#20956   How do you no 2017 there will be 13adbot 11/16/16 08:47:11 PM
#20955   Some time next month we should start loading hard. chile2 11/16/16 04:13:20 PM
#20954   Ceo estimated early 2017 for meaningful news codfather 11/16/16 02:43:57 PM
#20953   I figured we'd see the LOI close by stockman69 11/16/16 10:18:23 AM
#20952   We going to see some news soon? chile2 11/16/16 10:10:32 AM
#20951   Somebody got impatient today. Perhaps they'll get back alfie63 11/10/16 02:39:23 PM
#20950   Holding the .04 range, can't wait for news here stockman69 11/10/16 08:04:10 AM
#20949   Wow just noticed nice ... someone has been stockman69 11/08/16 05:08:48 AM
#20948   very nice close codfather 11/07/16 04:07:14 PM
#20947   I would think so....that LOI should be just stockman69 11/04/16 11:36:21 AM
#20946   We should be seeing an update soon. chile2 11/04/16 11:23:47 AM
#20945   nice buy at .04, $ENRT continues to slowly stockman69 11/03/16 10:21:04 AM
#20944   Better now than later but they will kick themselves. alfie63 10/27/16 04:11:33 PM
#20943   someone just donked their shares, cheapies almost gone, stockman69 10/27/16 01:42:29 PM
#20942   Look very solid move and could test 15-20 Maple tree 10/24/16 04:19:41 PM
#20941   Picked up a few more today at .036 Hope chile2 10/24/16 12:45:06 PM
#20940   I heard that it should be soon. Lawyers alfie63 10/24/16 10:38:08 AM
#20939   Does anyone have any idea when GWT mews 13adbot 10/24/16 08:24:58 AM
#20938   Glad to see it going up again. I'm snuff 10/23/16 05:52:18 PM
#20937   Slowly climbing, very bullish sign. Marijuana could Maple tree 10/22/16 02:18:50 PM
#20936   Volume on the daily looks beautiful. Beam up ckmseven788 10/18/16 08:48:25 PM
#20935   $ENRT starting to make a move... BMAK top stockman69 10/18/16 11:05:21 AM
#20934   L2 very thin...time to buy is when its stockman69 10/18/16 09:56:03 AM
#20933   I think some would like to put money UnderOath-KY 10/17/16 01:01:19 PM
#20932   This is very under the radar here. Big Poppa Pump 10/14/16 04:04:47 PM
#20931   Low volume take-down at EOD says it all. ckmseven788 10/12/16 04:04:06 PM
#20930   MACD is about to flip positive. We're holding ckmseven788 10/12/16 03:23:26 PM
#20929   added .03s at EOD today. ckmseven788 10/11/16 06:21:31 PM
#20928   why not ask GOD to step and assist? codfather 10/10/16 02:17:20 PM
#20927   I hate to be critical of a company LGL8054 10/07/16 10:19:02 AM
#20926   My understanding is that they are letting that alfie63 10/04/16 02:15:14 PM
#20925   My understanding is that they are letting that alfie63 10/04/16 02:14:45 PM
#20924   your welcome and I wish they would just stockman69 10/04/16 01:17:35 PM
#20923   Not since June 2015 when it was in at14tao 10/04/16 01:03:42 PM
#20922   any news on the company that bought ENRT codfather 10/04/16 12:32:58 PM
#20921   Thanks - that's more akin to their current alfie63 10/04/16 12:04:28 PM
#20920   submitted a change for Mining/Resources stockman69 10/04/16 12:00:09 PM
#20919   I can look into that - although they stockman69 10/04/16 11:58:56 AM
#20918   As Moderator, shouldn't this stock now be in alfie63 10/04/16 11:55:21 AM
#20917   Thanks for post. I'm in this pos stock, tste9 09/27/16 10:19:11 AM
#20916   Enertopia Corporation (ENRT) on the OTC QB and Minuteman-MX 09/23/16 01:57:22 PM
#20915   Bids lined up today. Looks like you aren't stockman69 09/22/16 09:35:38 AM
#20914   Looking even better now. Looking to get back in. at14tao 09/21/16 12:39:42 PM
#20913   Nice! TooYoungToDie 09/21/16 11:46:40 AM