Enertopia Corporation is a Canadian marijuana cultivator, producer, and seller. It currently has interests in three separate marijuana-growing facilities across the country.
One of these interests is in its joint venture with Lexaria Corp. The Lexaria Joint Venture has a cannabis production facility located in Burlington, Ontario, and Enertopia has 51% interest in this facility. It covers a total of 75,000 square feet, with planned production spaces having 22-foot ceilings.
Enertopia also has a joint venture agreement with the Regina, Saskatchewan-based The Green Canvas, Ltd. It has a plant-growing facility of which Enertopia may acquire up to 75%. The facility is scalable to 55,000 square feet and is undergoing upgrades for a 14,000-square foot production space. This will be compliant with Canada’s Marihuana for Medical Purposes Regulations (MMPR).
Finally, Enertopia is also in a joint venture with the company World of Marihuana Productions, Ltd. Its production space in Mission, BC covers 2,500 square feet. Enertopia may earn up to 51% of this facility’s revenue interest. This joint venture, however, is the subject of dispute (as of September 18, 2014) because World of Marihuana allegedly failed to provide some financial information.
Enertopia Corporation began in 2004 as Golden Aria Corporation, a company that delved in oil and gas energy. It became Enertopia in 2010.
The company is now listed as TOP in the Canadian Securities Exchange, and as ENRT in the US OTC markets. Its market cap is pegged at USD 5.79 M.
The top executives at Enertopia are CEO, President, and Chairman Robert G. McAllister; CFO and Principal Accounting Officer Baljinder Bhullar; Senior VP of Business Development Thomas Ihrke; Senior VP of Marijuana Operations Matthew Chadwick; and Advisor Robert Chadwick.
Yahoo! Finance: ENRT News
Latest Financial News for ENRT
KELOWNA, BC / ACCESSWIRE / July 19, 2019 / Enertopia Corporation (ENRT) and (TOP.CN) (the "Company" or "Enertopia") reports that the President of the Company, who is also a director has provided a CDN $20,000 loan to assist the Company. The loan provides for a 10% annual interest rate and is repayable in 90 days. The Company expects the next set of its lithium solution test results to be received in early August from the 3rd party lab.
KELOWNA, British Columbia, June 06, 2019 (GLOBE NEWSWIRE) -- via NetworkWire -- Enertopia Corporation (ENRT) on the OTCQB and (TOP) on the CSE (the "Company" or "Enertopia") is pleased to announce the following lithium project testing update. The Company has been and continues to run the following series of tests, grain sizing and lithium grades per grain sizing, pre-strip reagent testing on impurity levels in the Upper Oxide and Reduced drilled horizons from our Clayton Valley, Nevada, project. The goal of these latest tests is to determine how the various pH levels with different reagents impacted the impurities in each zone to see if pre-stripping the impurities could be a viable option going forward before creating our synthetic lithium brine.
KELOWNA, BC / ACCESSWIRE / May 8, 2019 / Enertopia Corporation (ENRT) and (TOP.CN) (the "Company" or "Enertopia") is pleased to announce the following lithium project and synthetic solution testing update. Since March 2019, Enertopia has been running tests to recover lithium in the most cost-effective Capex manner from synthetic brine solutions produced by leaching samples from the December 2018 drilling program from our Clayton Valley, Nevada project. The Company has been and continues to run the following series of tests, grain sizing and lithium grades per grain sizing, pre-strip reagent testing on impurity levels in the Upper Oxide and Reduced drilled horizons.
KELOWNA, British Columbia, March 27, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Enertopia Corporation (ENRT) (TOP.CO) (the "Company" or "Enertopia") is pleased to announce it has closed the first tranche of CAD $143,175.99 from a Private Placement. The Company is well into its systematic and complete solution testing of the drilled lithium enriched horizons. This will enable the Company to map out the subsurface horizons as per oxide and reduced horizons and further differentiate the grade of Lithium in the synthetic solution that can be potentially recovered in a low CAPEX mining and processing scenario.
Investorideas.com, a global investor news source covering lithium and cleantech stocks issues a snapshot looking at how the EV market is on an exponential growth curve, fuelled by both policy and consumer demand. “China is charging full speed ahead into electric vehicles, on track to sell over 2 million electric vehicles this year, from 1.1 million in 2018,” says Cleantechnia. IDTechEX says the demand for EV trucks and buses has only just started, especially in China.
