Entourage Health Corp V.ENTG

Everything Perfectly In Place Moving Forward

[Wrywisdom]

The quarterly report is most encouraging indeed. Investors should read it all in it's entirety.

Highlights just from September include licensing modifications allowing direct sales of all products from their production facilities eliminating the middle men. Direct to retail with no wholesale intermediary alone will account for a huge increase in profits. Add to that 30 million in further capitalization if needed to implement a host of initiatives that other higher profile greatly overpriced competitors are just beginning to think about. Go back one month to August and you have major deals involving exclusive production of Mary's Medicinals products and Fire and Flower CBD.
All of this and more already underway or to begin in October.

Weed MD has made so may strides it is remarkable, and of course it is now also CX industries with it's own extraction and packaging facility; and Starseed with 350,000 Union members who may access Health Insurance to access high margin proprietary products as well. These major synergies are also very recent and have just begun to take hold as well.

[InvestingFool50]

We always seem to say wait until next quarter numbers/ results. Yes lots of new initiate last quarter and the results may have been there last quarter. Need to wait again for results of last 3 months ending yesterday. Looks like they know it may be good by taking a big inventory write oof, hope they explain on the call. Also, glad they raised funds without dilutting.

[makinprofit]

Yes ,as you say always waiting for next quarter. I had hoped for at least a bit of good news on the financial front.  Been holding a couple yrs now and seen my(our) greenbacks withering substantially. I will give it 1 more quarter. Anyone with info on the oudoor grow .  TIA   GLTA

[InvestingFool50]

Like to see what the financials would have been like if not for the inventory write off and any other 1 time hits.

[prested]

The change in fair value of biological assets is an area I admit to having difficulty fully understanding, and which it seems one can drive a truck through. I realize that there are mandatory guideline which the company is required to follow, but it seems like a tree behind which they hide whenever convenient explanations for losses are required.             

[Nicksonsnowboar]

.28 cents far from perfect. Dead in the water.  

[InvestingFool50]

They better come out with this quarters numbers soon if good.

[CannAvenger]

it's going to test new lows.  deader than dead.