Agoracom Blog

TRADING ALERT – ENRT: OTCQB – Up 42% on 1.9M Shares Traded

Posted by AGORACOM-JC at 3:26 PM on Friday, February 28th, 2014

TRADING ALERT!!!

ENRT: OTCQB

Last: $0.30 Up: $0.09

Percentage: 42.86% Vol. 1.9M

————-

WHY ENERTOPIA CORPORATION?

New MMPR System being phased in, comes into full force April 1, 2014. Stand alone indoor production facilities.

  • $2.4 Billion Market
  • Only Large Corporate Producers Will Survive & Thrive After April 1, 2014
  • Enertopia Plan Is To Roll Up The Industry (Pardon The Pun)
  • Letter Of Intent (LOI) With Private Current Producer
  • Nearing Signing Of Definitive Agreement, Expected shortly. Read Release
  • Enertopia recently added to Marijuana Index
  • Joint Venture Agreement Signed with The Green Canvas – 55,000 sqf production potential

Robert McAllister President and CEO of Enertopia interviewed by thenewswire.ca

Expected Results of New MMPR System

  • Over 99% of the 24,806 current licences will not be upgraded to the new MMPR system.
  • Over 83% of current supply has to be sourced byproducers under the new MMPR system to make up for the shortfall.
  • Only larger private and corporate producers will remain in the industry due to new cost of entry.

By The Numbers:

  • 477 Number of Canadians authorized to possess marijuana for medical purposes in 2002
  • 41,384 Estimated number of Canadians authorized to possess marijuana for medical purposes under MMPR in 2014
  • 308,755 Estimated number of Canadians authorized to possess marijuana for medical purposes under MMPR in 2024
  • $10 to $15 Current street price, per gram, for dried cannabis
  • $1.80 to $5 Price per gram when purchased for medical purpose by licensed consumer, 2012
  • $7.60 Price per gram when purchased for medical purpose by licensed consumer, under new MMPR in 2014
  • $1,686,600 Revenue to Government of Canada from sales of dried marijuana and seeds, fiscal 2011­-12
  • $1.3-billion Estimated revenue to “legal marijuana supply industry” by 2024

Start your small cap medical marijuana research in the AGORACOM Small Cap Medical Marijuana Stocks Gateway
http://agoracom.com/portal/Small%20Cap%20Medical%20Marijuana%20Stocks

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