Enertopia Corp (ENRT)

[ecmoney]

MORE NEWS

http://agoracom.com/ir/EnertopiaCorp/forums/discussion/topics/602770-enertopia-updates-status-of-mmj-loi-for-55-000-square-foot-facility/messages/1890658



VANCOUVER, BC – February 27, 2014 - Enertopia Corporation (ENRT-OTCBB) (TOP-CSE) (the "Company" or "Enertopia") announces that the Company’s Letter Of Intent (LOI) with a private company currently producing, cultivating, Medical Marihuana in Canada under the current Health Canada Medical Marihuana Access Program (MMAP) is nearing the signing of the Definitive Agreement which is expected shortly.

There are approximately 6,000 square feet of current production space and the existing building has multiple rooms for the ultimate expansion to 55,000 square feet of production space.

The World of Marihuana Productions facility is awaiting the Health Canada site visit inspection at this time.

The company is also pleased to advise that it has been added to the Marijuana Index. The index's website http://marijuanaindex.org/ states: "The Marijuana Index is the first and only registered equity tracking index which monitors the performance, news and general pulse of qualified marijuana stocks or cannabis stocks. Weighted by market capitalization (as determined by common shares outstanding multiplied by last trade price), the index provides existing or prospective investors with a narrow and centralized view of these pioneering securities which are positioned in a multibillion dollar growth industry."

“It is Enertopia’s business model to operate in locations where it can attain the status of low cost producer while at the same time being respected as producing the highest quality of medical grade marihuana.” Stated President / CEO Robert McAllister.