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Entourage Health Corp V.ENTG

Alternate Symbol(s):  ETRGF

Healthcare
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

Entourage Health Corp
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(14)
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Comment by CannAvengeron Jan 28, 2020 11:55pm
80 Views
Post# 30612016

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:after Feb 4th

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:after Feb 4thThat was before details came out. After details came out, not so good...

Pricing to union members is capped.  It's a preferred pricing program to union members - so not the great margin expansion that you all expect.  The locals that have signed on to the benefit program is also limited - ie, not all locals have or will sign on to these benefits.  Finally, this isn't a no cost program.  If the member utilization is beyond normal utlization levels, premiums will rise to the union and union members.  This is not a free lunch situation.  On paper this might seem great.  Reality wise, the Liuna distribution side to this is much smaller than you think. 

This is an M&A out of survival transaction.  All parties are delaying the inevitable.

Thanos "snap".
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities