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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
Post by Joham13on Jan 29, 2019 7:24pm
236 Views
Post# 29293584

Explosive Growth and Profits in 2019.

Explosive Growth and Profits in 2019.Yea, it's tough to watch, especially when others are moving up. After the big move earlier this month, a new base is needed for the next leg up. The stronger the base, usually, will determine the strength of the next move higher. So I would imagine another week or two to consolidate with maybe a minor edge higher, then this should start to move higher and if the last quarter numbers are good,( first rec. sales) we shareholders should see the move up and beyond that 52 week high of $2.57 US. Once the 2nd quarter numbers 2019 are released in August there should be a solid 10K to 15K of product sold in the first 2 quarters. I would imagine that 8 Capital's price of $4.50 Canadian or around 3.40 US will be realized. Based on this math: Using the 10K lower end of the production, I have done the math. 10,000 X 1000 grams = 10,000,000. grams at an average at 5/gram (factors wholesale and medical pricing mixed) Sold between the months of Jan.-June, and using just the current production capacity of 136,000 Sq. Ft. that is already licensed, That's 50 million in revenue just for the first 2 Quarters. I am anticipating full production by sometime in Q2. So by the fourth quarter there could be at least double that based on full capacity of roughly 50k when Srathroy is completely built out. So there is another 100 Million. 2019 = 150,000,000 in revs is my prediction. This factors in that in 2019 not all the 50k will be available. More like 30k is my bet. I would imagine 30% would be the profit margin, even though Weed MD has about the best run rate of all LPS. so bottom line 150 million X .30 = 45 million. X that by a very conservative multiple of 15 and you get. 45 million / 120 million shares (warrants) you get .37/share X 15 = 5.62/share. That is exactly what i predict for WEED MD by Dec. 2019. ALL IMO GLTA>
Bullboard Posts