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Financing abounds for medical marijuana startups

Posted by AGORACOM-JC at 9:15 AM on Friday, March 14th, 2014

Financing abounds for medical marijuana startups

All of the medical marijuana producers approved by Health Canada or in the approval process say they’d been approached with multiple financing offers.

MICHEL COMTE / AFP/GETTY IMAGES

Tweed Inc. workers tend to medical marijuana plants at a new commercial operation set up inside a former Hershey’s chocolate factory in Smiths Falls, Ontario, an hour’s drive from Canada’s capital Ottawa, on February 4, 2014. AFP PHOTO/MICHEL COMTE

By: Business reporter, Published on Thu Mar 13 2014

Canada’s new medical marijuana industry is set to make history on the Toronto Stock Exchange.

Tweed Inc., among the first ten companies licensed by the federal government to produce and distribute pot, is in the final stages of approval for a listing on the TSX Venture Exchange.

The firm has a ticker secured — TWD — chosen because fertilizer manufacturer Potash Corp. has long held the ticker POT, joked chairman Bruce Linton.

If it is granted the listing it will become the country’s first public medical marijuana company with an opening share price just below $1, he said.

With over $10 million in private financing, Tweed is housed in the old Hershey’s plant in Smiths Falls and on track to produce 25 different strains of medical marijuana ranging in price from $5 to $12 a gram.

The company hopes to capture a healthy slice of the $1.3-billion medical marijuana industry Health Canada forecasts by 2024. And that’s worth the scrutiny and paperwork of an IPO, said Linton.

“We thought it was an important step to give another level of credibility to what we’re doing as a differentiator in terms of professionalism,” he explained.

Under Canada’s new Marihuana for Medical Purposes Regulations (MMPR), which roll out completely April 1, the government appoints and oversees producers. The old guidelines allowed users to grow their own medical marijuana or purchase it from the government.

The cost for staff and facilities to meet Health Canada’s requirements is substantial, say licensees.

“To build up a capacity to produce large quantities, and test the product, and have a quality, secure operation, that requires significant dollars,” said Bedrocan Canada CEO Marc Wayne.

“You’re moving out of the kind of handmade grow ops in days gone by. This is a much more sophisticated industry.”

Fortunately, startup money abounds. All the approved or pending producers the Star spoke with said they’d been approached with multiple offers by financiers.

Venture capitalist Kevin O’Leary may yet be among them. In a recent CNBC appearance, the investor of Dragon’s Den fame raved about the burgeoning U.S. industry where $14 million (U.S.) of recreational pot was sold in Colorado in January.

“For me as an investor, this is like getting an opportunity to get into alcohol after prohibition just ended,” he said on Squawk Box. “This is going to be a massive multi-billion dollar business, regulated and taxed by the government…. I really like the margins in this business – it is phenomenal,” he said.

However, with these changes only happening at the state level —Washington is next to allow recreational pot — O’Leary fears running afoul of territorial rules.

“If I were to invest in two deals I’ve been looking at in Colorado right now I could run into jurisdictional problems as an investor in another state where it’s illegal,” he said.

The Montreal native needs to look closer to home.

“Since we became licensed, I’ve received quite a number of calls, both from individuals and from bankers wanting to talk to me about financing or investing or even going public,” said Neil Closner, MedReleaf CEO.

“This is an extremely exciting, interesting time for bankers in Canada, because there really isn’t a huge healthcare entrepreneurial base in this country; mostly because the government controls healthcare.”

MedReleaf doesn’t have designs on the TSX though.

“Being a public company has its pros, but it involves a lot of work in terms of public reporting and news releases and regulations,” said Closner. “We’d rather focus on growing and treating our patients.”

Mark Gobuty, CEO of The Peace Naturals Project, has a similar outlook: “We think there’s going to be a significant evolution for this industry. We need to be nimble and responsive, both to our clients and to the regulator, and we need to be privately held, with a low amount of shareholders, for really important decisions.”

One publicly-traded Canadian company has their sights on ancillary industries rather than growers or producers.

“There are just a lot of companies rushing into that space,” said Harry Barr, CEO of Vancouver-based Next Gen Metals Inc. “Part of my fear is that there’s a limited amount of patients. I see us financing the companies that do the lights, the fertilizer, the seed, the sophisticated equipment that would go in there. To use a mining analogy, I want to sell them the picks and shovels.”

The long time mining executive, who is diversifying into medical marijuana and industrial hemp to buoy a mining slump, said Next Gen is currently reviewing 45 proposals.

Source: http://www.thestar.com/business/2014/03/13/financing_abounds_for_medical_marijuana_startups.html

Start your small cap medical marijuana research in the AGORACOM Small Cap Medical Marijuana Stocks Gateway
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Enertopia Announces Corporate Update

Posted by AGORACOM-JC at 8:12 AM on Friday, March 14th, 2014

Vancouver, BC / TNW-ACCESSWIRE / March 14, 2014 / Enertopia Corporation (ENRT) on the OTCBB and (TOP) on the CSE (the “Company” or “Enertopia”) is pleased to announce the following corporate update.

Enertopia has engaged The Money Channel for National Radio, Television and Internet market communications campaign. Steve Crowley has been at the forefront of financial news since 1982.

“These are exciting times for Enertopia with exceptional opportunities for our company in the Medical Marihuana Business sector. Steve Crowley has proven to be a leader in getting the word out on new opportunities, and we are happy to have engaged The Money Channel for their services.” stated President / CEO Robert McAllister

Enertopia has paid a onetime fee of $21,735.00 for this six month Radio, TV and Internet media contract. Further information can be found at www.moneychannel.tv

Enertopia is also pleased to announce 815,310 warrants have been exercised for net proceeds to the Company of $163,062. The president exercised 200,000 of the above warrants and one director exercised 50,000 options for $7,500 net proceeds to the Company. All dollar amounts are in US dollars.

The Wisplite LOI announced on February 10th has expired and will not proceed, due to Enertopia’s focus solely on the MMJ sector at this time.

Any issued shares 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.

About Enertopia

Enertopia’s shares are quoted in Canada with symbol TOP in the United States with symbol ENRT. For additional information, please visit www.enertopia.com or call Dale Paruk, President, Coal Harbor Communications Ltd. at 1.604.662.4505

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, evaluation of clean energy projects, Oil & Gas Projects, Medical Marihuana Projects for participation and/or financing, competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions that are forward-looking statements. Such forward-looking statements are estimates reflecting the Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements., foreign exchange and other financial markets; changes of the interest rates on borrowings; hedging activities; changes in commodity prices; changes in the investments and exploration expenditure levels; litigation; legislation; environmental, judicial, regulatory, political and competitive developments in areas in which Enertopia Corporation operates. The User should refer to the risk disclosures set out in the periodic reports and other disclosure documents filed by Enertopia Corporation from time to time with regulatory authorities. There is no assurance that the Company will be successful in completing any anticipated financing and or its joint Venture partners will receive their Health Canada license under the new regulations or any technology will result in future sales.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release

Start your small cap medical marijuana research in the AGORACOM Small Cap Medical Marijuana Stocks Gateway
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Weed 2: Cannabis Madness: Dr. Sanjay Gupta Reports

Posted by AGORACOM-JC at 12:21 PM on Thursday, March 13th, 2014
Weed 2: Cannabis Madness: Dr. Sanjay Gupta Reports, premiered Tuesday, March 11th, looks at U.S. federal laws that consider marijuana a drug with no medicinal value and serious scientists who say they’re wrong. It is the politics of pot – the politicians vs. the patients.

Legal in 20 states plus the District of Columbia, limited access to medicinal marijuana has caused significant battles between legislators and qualified patients seeking this type of treatment. Vivian Wilson, a 2-year-old girl suffering from chronic seizures, is one of those patients. Wilson made headlines in 2013 when her father confronted New Jersey Governor Chris Christie pleading “please don’t let my daughter die” and imploring him to legalize medical marijuana in the state.

In the one-hour documentary, Gupta gets exclusive access to the journey of Vivian’s family who, along with many patients, are willing to do anything to get medical marijuana and face many legal challenges along the way. He meets with dozens of families dubbed “medical marijuana refugees” who have moved to Colorado, where pot is legal, to get medical marijuana for their sick children. Gupta also examines disparities in the U.S. government’s research into the benefits of medical marijuana and reports on groundbreaking discoveries in other countries. Gupta’s investigation takes him around the world looking for answers, including a rare inside look at a pharmaceutical company in the United Kingdom that is the only one in the world turning pot into a prescription drug.

Source: Cnn.com

Start your small cap medical marijuana research in the AGORACOM Small Cap Medical Marijuana Stocks Gateway
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Enertopia Announces Board and Corporate Developments

Posted by AGORACOM-JC at 8:24 AM on Tuesday, March 11th, 2014

Enertopia Announces Board and Corporate Developments

Vancouver, BC March 11 2014 / Enertopia Corporation (ENRT) on the OTCBB and (TOP) on the CSE (the “Company” or “Enertopia”) is very pleased to announce the appointment of Matthew Chadwick to the Board of Directors.

The Company has signed an agreement with Matthew Chadwick the Senior Qualified Person at the World of Marihuana Productions Ltd. to be Enertopia’s Senior Vice President of Marihuana Operations.

Matt will be providing the Company project management and development of MMJ facilities across Canada and those areas within the United States of America where such activities are in compliance with law, such activity to include but not be limited to plant layout, air flow design, feeding schedules and optimization, lighting schedule and design, timeliness of cultivation procedures, and in general all things necessary to successfully grow and cultivate marihuana plants. Compensation for these duties will be $25,000 per month for the first six months.

Enertopia is also pleased to announce two new advisors to the Company, Robert Chadwick the alternate person in charge at the World of Marihuana Productions Ltd. has been issued 100,000 shares of restricted common stock and granted 100,000 Stock Options. Clayton Newbury has been granted 100,000 Stock Options.

The Company is also pleased to announce it has accelerated the June 2014 payments of $200,000 USD to WOM ( World of Marihuana Productions Ltd ) and Issued 1,000,000 shares of restricted stock to 0984329 B.C. Ltd, thus increasing Enertopia’s interest to 31% in the WOM.

Robert McAllister, Enertopia Corporation., President & CEO said, “We are excited to have Matt join the Enertopia Team, and we look forward to our continued build out our team.

We wish to thank Greg Dawson for his service as a director and dedication to the company since 2012.

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.

About Enertopia

Enertopia’s shares are quoted in Canada with symbol TOP in the United States with symbol ENRT. For additional information, please visit www.enertopia.com or call Dale Paruk, President, Coal Harbor Communications Ltd. at 1.604.662.4505

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, evaluation of clean energy projects, Oil & Gas Projects, Medical Marihuana Projects for participation and/or financing, competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions that are forward-looking statements. Such forward-looking statements are estimates reflecting the Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements., foreign exchange and other financial markets; changes of the interest rates on borrowings; hedging activities; changes in commodity prices; changes in the investments and exploration expenditure levels; litigation; legislation; environmental, judicial, regulatory, political and competitive developments in areas in which Enertopia Corporation operates. The User should refer to the risk disclosures set out in the periodic reports and other disclosure documents filed by Enertopia Corporation from time to time with regulatory authorities. There is no assurance that the Company will be successful in the MMJ business plans and completing future financings.

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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INTERVIEW: Enertopia Discusses Entrance to the $2.4B Medical Marijuana Industry

Posted by AGORACOM-JC at 4:11 PM on Friday, March 7th, 2014

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
  • Joint Venture signed with Lexaria Corp. Read Release

 

Watch Interview Now!

Hub On AGORACOM / Corporate Website

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Enertopia Signs Joint Venture Agreement With Lexaria Corp

Posted by AGORACOM-JC at 8:07 AM on Wednesday, March 5th, 2014

Vancouver, BC / March 5 2014 / Enertopia Corporation (ENRT) on the OTCBB and (TOP) on the CSE (the “Company” or “Enertopia”) is pleased to announce that it has signed a joint venture agreement dated March 5, 2014 (the “Agreement”) with Lexaria Corp. (“Lexaria”) which has announced its entry into the MMJ industry in Canada and the United States.

Since Enertopia’s market leading move into the Canadian MMJ sector in November 2013, Enertopia has been contacted by third party’s interested in joint venture opportunities. At this time the Enertopia board agreed that having a partner in new ventures and opportunities was an excellent way to capture key new projects and continue with the acceleration of Enertopia’s business model.

Under the terms of the Agreement, Enetopia will receive 1 million shares of restricted common shares in Lexaria. Enertopia will also receive a finders fee of 2% to 5% in cash and or shares based on the signing of any definitive agreements closed by Lexaria and introduced by Enertopia.

President Robert McAllister of Enertopia will receive 500,000 shares for joining the Lexaria Advisory Board.”Enertopia is excited to be working with a partner that is aligned to working together in a strategic alliance in capturing market share throughout the North American legal marijuana industry”, stated McAllister. Enertopia expects that having a strategic partner will assist in its ability to compete for more and larger projects in North America that might otherwise be out of reach.

Looking forward, it is estimated that the legal Marijuana market in North America which is estimated at $1.5 billion dollars today, could surpass $10 billion dollars before this decade is out and eventually become larger than the wine industry which had retail sales of over $34 billion dollars in 2012 according to third party reports.

Robert McAllister, Enertopia Corporation President & CEO said, “In my travels in meeting with MMJ patients the number one theme has been how medical cannabis has helped remove people from the debilitating effects of prescription narcotics and given them the ability, over and over again, to return to work and have a more productive life. Medical Cannabis is one of the biggest compassionate needs in our society today”.

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.

About Enertopia

Enertopia’s shares are quoted in Canada with symbol TOP and in the United States with symbol ENRT. For additional information, please visit www.enertopia.com or call Dale Paruk, President, Coal Harbor Communications Ltd. at 1.604.662.4505

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, potential and financing of its medical marihuana projects, evaluation of clean energy projects, oil & gas projects, , competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions that are forward-looking statements. Such forward-looking statements are estimates reflecting the Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements., foreign exchange and other financial markets; changes of the interest rates on borrowings; hedging activities; changes in commodity prices; changes in the investments and exploration expenditure levels; litigation; legislation; environmental, judicial, regulatory, political and competitive developments in areas in which Enertopia Corporation operates. The User should refer to the risk disclosures set out in the periodic reports and other disclosure documents filed by Enertopia Corporation from time to time with regulatory authorities. There is no assurance that Lexaria Corp will conclude any Definitive Agreements. Similarly, there can be no assurance that the Company will be successful in attracting key people.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release

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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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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Enertopia Signs Joint Venture Agreement for Medical Marihuana – 55,000 SQF Production Potential

Posted by AGORACOM-JC at 8:13 AM on Friday, February 28th, 2014

New Medical Marijuana Production Rules Come Into Full Force April 1, 2014. 

  • $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

—————————

Enertopia Signs Joint Venture Agreement for Medical Marihuana

Vancouver, BC–Enertopia Corporation (ENRT) on the OTCBB and (TOP) on the CSE (the “Company” or “Enertopia”) is very pleased to announce that it has signed an acquisition and joint venture agreement dated February 28, 2014 (the “Agreement”) with The Green Canvas Ltd. based in Regina, Saskatchewan, Canada (“Green Canvas”). Green Canvas is currently in the process of applying to become a Licensed Producer pursuant to Canada’s new Marihuana for Medical Purposes Regulation (“MMPR”).

Pursuant to the terms of the Agreement, Enertopia may acquire up to a 75% interest in the joint venture through the payment of an aggregate of CDN$1,000,0000 and the issuance of 19,000,0000 shares of its common stock, all over a period of three years. To date the Company has already paid $600,000 of the cash consideration under the Agreement and has issued 10,000,000 shares to Green Canvas in exchange for a 49% interest in the joint venture. A total of 6,400,000 of such shares are subject to escrow until Green Canvas is designated a Licensed Producer under the MMPR regime. In the event Green Canvas does not obtain the Licensed Producer designation within 12 months of the date of the Agreement, the Agreement will terminate and Green Canvas will be required to return a total of 6,400,000 shares previously issued to it.

Green Canvas will act as manager of the joint venture subject to Enertopia’s option to become manager upon obtaining a 51% interest. The terms of the Agreement also require Enertopia to fund, for a period of three years subject to early termination of the Agreement, any shortfall in the payment of management fees to certain Green Canvas consultants in the amount of $15,000 per month, which fees are to be paid out of the gross profits of the joint venture.

The foregoing description of the Agreement is intended to serve as a summary and the full details of the Agreement can be found on our website at www.enertopia.com/s/marijuana.asp or www.sec.gov and www.sedar.com.

The Green Canvas facility is currently undergoing upgrades and a portion of the $500,000 paid on signing will be used to make the initial 6,000 square foot production foot print compliant with the high standards set by Health Canada under MMPR. It is envisioned that at full production capacity the useable production space could cover 55,000 square feet. It is currently expected that this envisioned build out will take place as new patients are signed up and from project cash flows.

“Enertopia is excited to be working directly with the Green Canvas team and looks forward to meeting the patients and doctors at today’s presentation in Regina. Green Canvas provides high quality medical cannabis to MMJ patients to make their lives better”, stated President / CEO Robert McAllister.

Looking forward, it is estimated that the legal Marijuana market in North America which is estimated at $1.5 billion dollars today, could surpass $10 billion dollars before this decade is out and eventually become larger than the wine industry which had retail sales of over $34 billion dollars in 2012 according to third party reports.

Robert McAllister, Enertopia Corporation., President & CEO said, “As I have announced before it is our intention to move Enertopia rapidly forward into what we are all witnessing today as the emergence of the next major growth industry of our times.”

Further information on the Green Canvas can be found at www.thegreencanvas.ca/

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.

About Enertopia

Enertopia’s shares are quoted in Canada with symbol TOP and in the United States with symbol ENRT. For additional information, please visit www.enertopia.com or call Dale Paruk, President, Coal Harbor Communications Ltd. at 1.604.662.4505

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, potential and financing of its medical marihuana projects, evaluation of clean energy projects, oil & gas projects, , competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions that are forward-looking statements. Such forward-looking statements are estimates reflecting the Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements., foreign exchange and other financial markets; changes of the interest rates on borrowings; hedging activities; changes in commodity prices; changes in the investments and exploration expenditure levels; litigation; legislation; environmental, judicial, regulatory, political and competitive developments in areas in which Enertopia Corporation operates. The User should refer to the risk disclosures set out in the periodic reports and other disclosure documents filed by Enertopia Corporation from time to time with regulatory authorities. There is no assurance that Green Canvas will obtain a license under MMPR and or that the Company will be able to obtain future financings. Similarly, there can be no assurance that the Company will be successful in attracting key people.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release

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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Canada’s First Medical Marijuana Public Company Engages AGORACOM

Posted by AGORACOM at 9:05 AM on Thursday, February 27th, 2014

CANADA HAS A BRAND NEW RESOURCE ….. 

AGORACOM HAS CANADA’S FIRST MEDICAL MARIJUANA PUBLIC COMPANY! MEET ….. 

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

Hub On AGORACOM / Corporate Website / STOCK QUOTE (TOP:CSE). (ENRT: OTCBB)

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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Canada Has A Brand New Resource! Medical Marijuana! – AGORACOM Welcomes Enertopia Corp.

Posted by AGORACOM-JC at 8:26 AM on Thursday, February 27th, 2014

Canada Has A Brand New Resource! Medical Marijuana!

TOP: CSE. ENRT: OTCBB

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

  • Multiple levels of enhanced, external and internal security surveillance and measures.
  • Increased quality control and distribution by courier only.
  • Letter Of Intent (LOI) with a private company currently producing, cultivating, Medical Marihuana in Canada under the current  (MMAP) is nearing the signing of the Definitive Agreement which is expected shortly. Read Release
  • Enertopia recently added to Marijuana Index

Hub On AGORACOM / Corporate Website
—————–

Vancouver, BC--Enertopia Corporation (ENRT) on the OTCBB and (TOP) on the CSE (the “Company” or “Enertopia”) is pleased to announce it has signed a Market Awareness agreement with Agoracom.

Enertopia will receive significant exposure through millions of content brand insertions on the Agoracom network and extensive search engine marketing over the next 12 months. In addition, exclusive sponsorships of invaluable digital properties, such as Agoracom TV, the Agoracom home page and the Agoracom Twitter account, will serve to significantly raise the brand awareness of Enertopia among small-cap investors.

“These are exciting times for Enertopia with exceptional opportunities for our company in the Medical Marihuana Business sector. Agoracom has proven to be a leader in their space, and we are happy to have engaged their services.” stated President / CEO Robert McAllister

Enertopia intends to issue shares for services to Agoracom in exchange for the on-line advertising, marketing and branding services. Pursuant to the terms of the agreement, the company will be issuing $12,500 plus GST in shares for services on February 27, 2014, $12,500 plus GST in shares for services at the start of the second quarter on May 27, 2014, $12,500 plus GST in shares for services at the start of the third quarter on August 27, 2014, and $12,500 plus GST in shares for services at the start of the fourth quarter on November. 27, 2014.

The number of shares to be issued at the end of each quarter will be determined by using the five day average closing price of the shares of Enertopia on the CSE (Canadian Securities Exchange) in Canada preceding the issue dates listed above each period for which the advertising services will be provided by Agoracom.

The term of the agreement is 12 months, and Enertopia issued the first tranche of 54,347 shares for services on February 27, 2014.

About Agoracom

Agoracom is the pioneer of on-line investor relations, on-line conferences and on-line branding services to North American small- and mid-cap public companies. Agoracom is the home of more than 873,000 investors which visited 6.1 million times and read 57 million pages of information every year (average from 2008 to 2013).

Agoracom traffic ranks within the top 0.5 per cent of all websites around the world. These traffic results are independently tracked and verified by Google analytics. Agoracom traffic can be attributed to its strategy of maintaining the cleanest, moderated small-cap discussion as a result of implementing the first ever investor-controlled stock discussion forums.

Agoracom founder, George Tsiolis, publishes the leading blog on small- to mid-cap investor relations. His 50 small-cap chief executive officer lessons are a must-read for CEOs looking to increase their education and knowledge about on-line investor relations.

Enertopia is also pleased to announce it has raised $115,000 from the exercise of 585,000 warrants.

Any issued shares 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.

About Enertopia

Enertopia’s shares are quoted in Canada with symbol TOP in the United States with symbol ENRT. For additional information, please visit www.enertopia.com or call Dale Paruk, President, Coal Harbor Communications Ltd. at 1.604.662.4505

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, evaluation of clean energy projects, Oil & Gas Projects, Medical Marihuana Projects for participation and/or financing, competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions that are forward-looking statements. Such forward-looking statements are estimates reflecting the Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements., foreign exchange and other financial markets; changes of the interest rates on borrowings; hedging activities; changes in commodity prices; changes in the investments and exploration expenditure levels; litigation; legislation; environmental, judicial, regulatory, political and competitive developments in areas in which Enertopia Corporation operates. The User should refer to the risk disclosures set out in the periodic reports and other disclosure documents filed by Enertopia Corporation from time to time with regulatory authorities. There is no assurance that the Company will be successful in completing any anticipated financing and or its joint Venture partners will receive their Health Canada license under the new regulations or any technology will result in future sales.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release

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