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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

Comment by CannAvengeron May 04, 2021 5:11pm
227 Views
Post# 33128634

RE:RE:RE:Always something with this company

RE:RE:RE:Always something with this companyThat's a stretch.  The MCTO was applied because the Company was not going to meet its filing deadline.  The application had to be made well in advance, otherwise a CTO would be brought down on all investors and not just management.  It's likely that the Company and the auditors need more time to assess any impairment on assets or goodwill, as well as finalizing any purchase price allocations from any recent transactions/mergers/acquisitions.  All of these items are typically done at year end.
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