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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 shenry24on Feb 21, 2021 10:28am
296 Views
Post# 32621228

Equity by Dilution

Equity by DilutionObviously there were a few of us extremely upset by this, however, a different scenario came to mind recently.  If this new CEO is as good as rumor has it, perhaps he WAS being forward looking with such a move at this time.  I'm REALLY hoping they didn't NEED the cash, rather it was a play to make the upcoming financials look stronger with more cash on hand, then in the subsequent financial release of 1st quarter (with hopefully substantially more sales like we've been promised), it will boost this stock up to where we all know it deserves to be.

Just another perspective, one I've chose to adopt for now so I can let go of the bitterness and give them the benefit of the doubt for a few more months....
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