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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 Wrywisdomon Sep 23, 2020 8:27pm
317 Views
Post# 31609110

Further Flexibility Ensuring Viability for Dynamic Strategy

Further Flexibility Ensuring Viability for Dynamic StrategyAlthough the interest rate appears somewhat high, this is a credit facility rather than a loan (think of a readily available personal non-qualifying backup credit line available whenever needed). Non-dilutive strategy shores up any concern regarding liquidity into the future.
          Interest also may be capitalized which means it may simply be added to any accrued loan balance in lieu of any cash outlay.
          Demonstrates the supreme confidence LUNA has in WeedMD, as any accrued balance is in second place to the primary loan facility.
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