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


TSXV:ENTG - Post by User

Bullboard Posts
Comment by CannAvengeron Feb 26, 2020 6:23pm
115 Views
Post# 30738084

RE:RE:Current logic

RE:RE:Current logicWhat's holding Liuna back from supporting the share price?  It's called an investment committee. The fund just lost ~$14 million almost overnight on this dumpster fire.  That porfolio manager's neck is in a noose.  That doesn't include the investments already ponied up to keep Starseed afloat.

"The type of news they need is news that interests millenials"? That is absurd.  If millenials actually had any money to invest, then maybe.  The type of news they need is production profiles, product profiles, and ultimately what is the path to profitability, positive cash flows, EBITDA.  There is no real view on what the realistic forward earnings profile of WMD looks like and on a risk adjusted basis.  If there was a credible path to say $100 million in EBITDA and what year 1, year 2, year 3, etc. looked like to get to the $100 million then that is what interests investors.  

Unfortunately, WMD, like all other cannabis companies have all overpromised and underdelivered to-date.
Bullboard Posts