ENTG Doing Precisely As Stated In November 15th News ReleaseNothing new Here. Promptly executing as promised.
Will be saving 10 million per annum in the process as per biomass supply agreement with Hexo:
https://stockhouse.com/news/press-releases/2022/11/15/hexo-and-entourage-health-sign-long-term-supply-agreement
ENTG retains more than 200 employees and presently has 2% of overall Canada cannabis market.
Demand for their extensive and variegated line of cannabis products is so strong, Entourage could not fill all orders with their own produced biomass.
We should now see market share increase significantly beyond the already significant 2%, again with huge savings on biomass costs and ample availability of needed biomass from Hexo.
ENTG also remains impressively capitalized, and perhaps can generate 10's of millions more capital from the sale of uneeded land and facilities, owing 156 acres of prime commercial real estate in the Toronto area.