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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

Post by voiceoftreasonon Dec 01, 2020 9:49am
640 Views
Post# 32008530

Another 1.2M inventory write-off

Another 1.2M inventory write-offAn analyst on the last call explicitly asked if the 1.3M they wrote off in Q2 was all of the write-offs. Lincoln said "yes and we're going to sell the rest of our inventory". Q3 is another writeoff and inventory is up 10M.

Positive is the sales prices. 7.79/gram direct to patient, guessing that comes from vapes but is promising.
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