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Thanks hopefully the case Dbrown, hopefully the case.
What is eom mean?
Thanks for the evaluation. I feel the same way. The price dropped to low to think it would hit .20 after license. I will sell then buy back the same day and hope it goes up a little. Then I will buy before 4 oclock and count on the stock going up a little the next day. You are right could go higher after license depends on news from company. However, news will be planting, up lists and research. Thanks Dbrown for your evaluation.
When it happens the stock will be hot but remember this stock is like all the rest subject to market change.
I cannot disagree there is a risk. Right now MJ stocks are hot. Look at GWPH. However when the license news comes out I will sell. I feel this is a good company but like all others can go down the tubes. So yes on good news I will sell. Even if we get the license we still have to develop a clientele. There is no guarantee that we will make money even if all the buildings were up mj in storage, even a year from now. But I will weight to license comes out. My opinion for next three weeks to a month after license hot stock. Then risks of business sets in. Thanks for the post. We all have to be level headed and not give up good gains.
Aside from license I would like to see more news on up lists and restructuring and research. I was blind sided by the Asset Protection however Kuhn has also sold Botox insurance and other alternative medicine insurance, look for restructuring of stock. This will be after license to see how high stock will go. Do you have any predictions about stock price after license? The delay in license has hurt.
I am more concerned about news like Asset Protection. I was blindsided by it. But it is a great idea. Also the statement of the town council was excellent for zoning. Yet we do not have most important part of puzzle, License. I intend to see more news on Asset Protection, up list and research and development. But first license.
I am sorry I am not going to the conference but anyone who is drop by Ed kuhns both and ask questions. Sorry if I misquoted myself. Finally we need license bad. I am hoping it is around the corner. Good luck Mo
Excellent just got off the phone with Ed. He will have a booth at the Weed Conference and encouraged people to come up and ask questions. Thanks again Mohanerie
Does anyone have any bio on Ed Khun. Information only
Were can I get his bio, this is not the guy who was Vice President of JP Morgan
I am going to give you an honest answer, we need the license, after that I would rather see insurance. Why, products liability problems. Insurance and research is clean. You right insurance is where it is at.
First there was no news, now news on Friday. Not a great day to give news. We were going down quickly because Pink stocks are news oriented. I feel now we will see a great explanation of todays news. Why how can a penny stock back up insurance protection claims without tens of millions of dollars behind?
This is my last remaining post for the day. I hope we hold and hear some news for Friday. Very frustrating when you see the potential but must hand in their.
We should get news on something Friday. It seems we are hanging in their. I thought it would go way down today. Let's see. Thanks for info.
Wolfe I am now praying you are the wrongest guy in the world. Great posts.
Wolfe I am now praying you are the wrongest guy in the world. Great posts.
Are we hoping for some approval at the meeting? What is going to happen important?
Lets hear about hemp contracts. Also license news. We need it now
Lets hear about hemp contracts. Also license news.
Lets hear about hemp contracts. Also license news.
What big meeting are you referring to.
Looks so far like another down day. To be expected until news.
For obvious reasons. If he has information share it with all of us. Tell what you know. So we can decide if its fact or conjecture. Thanks for your response.
On what do you base that information.
You do think we will get a great bounce when license is approved?
I hope your right. However, I do not follow technical so I am not as well versed. I do think if we receive even a little positive news up we go.
If we get any new yes. But we need to hear some news.
Excellent posts.
Thanks for the insight. But do you think up lists will help with pps. Certainly and audit would help.
Thanks for the response.
Thank you ideas help everyone, positive or negative.
If they are legitimate why not. However there may be harsher regulations. Either way an up-lists would be great. Do you think they will up lists?
Who are you talking about tweed
Who are you talking about tweed
I would like to add the writer that talked about Parry and Tiers 1 to 4 mentioned nothing about, Delotte, John Geramino, or about the major law firm or about the hemp company. Why. For me he lacks credibility. Now had he mentioned the above and gave reasons for excluding them as being important re price that is a different story. But no doubt License must come soon or stock unless other news will go down.
I agree let's now forget about Fitx with its management team being second on the Benzinga lists. Also Tweed only has 1600 square feet to grow. None of the others have hemp, or great researchers like we have. However, I will sell when license is announced. I will probably wait a few days and ride the ups and downs, but I will sell and then buy back with news.
I believe a better asset at this point then MJ.
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A Closer Look at Enertopia’s Three MMJ Projects
Accesswire
3 hours ago
WHITEFISH, MT / June 23, 2014 / Canada’s Marijuana for Medical Purposes Regulations ("MMPR") has attracted a lot of investor interest, as evidenced by Tweed Marijuana Inc.’s (TSX-V:TWD) (TWMJF) nearly $100 million market capitalization. Health Canada estimates that the market for legalized marijuana could surpass $1.3 billion with 450,000 patients over the next ten years, while adult use legalization could eventually add to the total.
With only 13 licensed producers under the MMPR program, investors have the choice of either investing in a handful of approved licensed producers, like Tweed, or investing in companies pursuing a license. Those pursuing a license could offer greater upside given Tweed’s $100 million plus valuation, with some companies pursuing licenses trading in the sub-$15 million price range.
Enertopia Corp. (ENRT) (CSE:TOP) is one of the companies pursuing a license with three separate projects in its pipeline. With its diverse exposure, the company’s experienced management team aims to increase its odds of success in obtaining an MMPR license. The three projects also have a combined capacity of about 64,000 net square feet of production space, which would make it among the larger producers.
Also See: Enertopia Corp.’s Exclusive Interview with CannabisFN
Green Canvas Facility
In February 2014, Enertopia announced a joint venture whereby it acquired 75% of Green Canvas for C$1 million and 19 million shares over a three-year period. The Saskatchewan-based facility will have an initial build-out of 14,000 square feet of grow space, which could eventually be scaled to 55,000 square feet.
The Green Canvas Facility is currently a producer under the existing MMAR program, which should help the application for their MMPR license to be approved. The facility has recently undergone security upgrades and is awaiting further review from the Health Canada before taking the next step forward.
Green Canvas facility is currently undergoing renovations and security upgrades. $50,000 was recently spent on the perimeter fencing alone to be compliant with the stringent Health Canada security guidelines. New cement floors were recently poured for the lab and security storage area. Quotes are now being received for the buildup phase one construction for the production rooms.
GTA Facility
In May 2014, Enertopia signed the definitive joint venture agreement with Lexaria Corp. (CSE:LXX) for the upgrade of a Greater Toronto Area-based facility. Enertopia would own a 51% interest in the production facility, and pay 45% of the ongoing costs in addition to receiving a one-time payment of 500,000 shares of restricted Lexaria stock. The 30,000 square foot facility also has a right of first refusal on an additional 45,000 square feet.
Currently, the facility is awaiting municipal approval for a facility build-out that management expects will take approximately three months. In the meantime, the company plans to submit a building permit in July 2014 and seek MMPR approval thereafter in order to become a licensed producer. The sheer size and potential for expansion could make it one of Canada’s top tier growing facilities, if approved.
The GTA facility is being planned out to be the Company’s flagship project in Canada. Building design is in the final stages, this will include state of the art laboratory facility that will be one of the key components in cannabis research going forward for the Company.
World of Marihuana Facility
In January 2014, Enertopia announced a joint venture with an option to earn up to 51% net revenue interest in the World of Marihuana project in British Columbia. This project also already grows under the Medical Marihuana Access Program ("MMAR") with 2,500 square feet of production. The facility is currently producing five to six popular cannabis strains.
World of Marihuana applied to the MMPR program in October 2013 and is awaiting a Health Canada site visit. If approved, the existing 2,500 square feet could generate $1,100 in gross revenue per square foot per year.
As an existing producer under the MMAR, the project could also be more likely to be approved than many other MMPR applicants starting from scratch. The discount rates on these valuations could therefore be lower than some competitors.
Looking Ahead
Enertopia is unique among aspiring licensed producers under Canada’s MMPR system due to its three distinct projects located across different parts of Canada. If approved, these three projects could start generating in a little over three months from receiving Health Canada licensed approvals. The long-term potential for these projects is even greater given the many opportunities for expansion.
Investors in aspiring MMPR licensed producers, including Creative Edge Nutrition Inc. (FITX), Medican Enterprises Inc. (OTC:MDCN), or Modern Mobility Aids (OTC:MDRM), may want to also take a look at Enertopia given its diverse focus, previous MMAR statuses, and significant production capacity.
Click Here To Sign Up For Future Email Updates On Enertopia Corp.
http://www.tdmfinancial.com/emailassets/enrt/enrt_landing.php
For more information, see the following resources:
- Company Website - http://www.enertopia.com/s/Home.asp
- Investor Presentation - http://www.enertopia.com/i/pdf/Enertopia_Presentation_May_2014.pdf
- OTC Markets Profile - http://www.otcmarkets.com/stock/ENRT/quote
Disclaimer: Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or i
I believe they will be making serious efforts for up lists this year 2014. I would like to see us the Canadian Exchange. Just my opinion Mr. Rich.
Just being one of the first makes Fitx valuable. I like the fact we are also in hemp, and I believe research. We Tweed using an old chocolate are having problems. There is an example of we bought it cheap and now will pay with mold.