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Entourage Health Corp V.ENTG

Alternate Symbol(s):  ETRGF

Entourage Health Corp. is a Canada-based license holder producing and distributing cannabis products for both the medical and adult-use markets. The Company owns and operates a 26,000 square feet indoor facility in Aylmer, Ontario (the Aylmer Facility), specializing in product development and fulfillment for both adult-use and medical cannabis. The Company is focused on building a portfolio of brands in the Canadian market, including its brand Color Cannabis, mainstream brand Saturday Cannabis, medical cannabis product brand Starseed Medicinal and its craft cannabis brand Syndicate Cannabis. The Company produces a diverse portfolio of cannabis and cannabis derivative products, including oils, capsules, soft chews, topicals, beverages and vapes, for sale in both the medical and adult-use markets across Canada. Its elite adult-use product portfolio includes Color Cannabis, Saturday Cannabis and now Dime Bag and Syndicate, sold across eight provincial distribution agencies.


TSXV:ENTG - Post by User

Bullboard Posts
Comment by beforethebellon Apr 27, 2018 4:47pm
206 Views
Post# 27952606

RE:Will this stock just go lower and lower?

RE:Will this stock just go lower and lower?Market is laregly in a holding pattern right now. I see another move coming on the heels of the third and final meeting of the Senate Committee, expected on or before June 7, 2018. If no amendments are made, recreational sales should commence Summer/Fall 2018. 

Personally, I see it passing however I see the provincial enactment of sales happening on a rolling basis. Ontario, Quebec, Manitoba & Alberta are all pretty far along, others are lagging. Still massive supply-side issue which people don't like to acknowledge right now.

Also, please keep in mind that everyone has a different opinion, none of us know anything that the government will do ahead of time. If anyone says they do, they're liars. 

I don't see the stock going much lower than it is now, really depends on Hiku though at this point or a larger macro move (as mentioned above, pending legislation). Remember, fundamentally, WeedMD is better off now than it ever has been (especially if/when the Hiku merger goes through).
Bullboard Posts