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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

Post by Investieson Aug 27, 2020 11:18am
284 Views
Post# 31460415

Q2 is going to be interesting.

Q2 is going to be interesting.A little bit of a prediction. Starseed / medical was 5.2m. Substantial growth and the fact we signed so many deals midway through q1 makes me believe we should easily see 6m. Rec I can see dropping a bit, if I'm not mistaken we sold tons of cheap shiskaberry. That being said, I think a conservative 2.5m is appropriate. Now again, during the call they said 40% rec margins 60% medical. This puts us at 4.6m gross, administration fees should be down due to not having a 1m consulting fee. I think that's really the kicker for us. We need margins. Not sure whats dragging them down but honestly even at our current levels this company is only burning 2-3m a quarter if we have our advertised margins. Going with a 8.5-10m rev prediction, margins will probably still Lag and hoping no dilution for the last 5 months is a good sign
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