Entourage Health Corp V.ENTG

Alternate Symbol(s): ETRGF

Healthcare

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 also includes Dime Bag a pre-roll offering, sold across eight provincial distribution agencies.

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Entourage Health Corp

Bullboard Posts

Comment by Zanderron Mar 18, 2019 3:56pm

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Post# 29502389

RE:RE:Will WMD need more cash?

If they don't get acquired or an equity partner buy in... then yes they will likely need more cash if they want to expand into international markets more agressively, meet the demands that will come along when edibiles are rolled out, etc. The big drains on capital are the expansions and new markets:

1. Capacity/greenhouse expansion - requires $$
2. Expand into diversified product lines (edibles, vapes, drinks, supplements) - requires $$
3. International - requires $$

Look at how much money APAH, WEED, ACB, etc have spent on international acquisitions to secure footholds in the global markets. My personal hope is that WMD gets bought out at a healthy premium and we all see a nice return.