Extraordinary Opportunity For New Investors I will correctly inform board participants that the vast majority of cannabis stocks were NOT up today; and HMMJ, the dedicated fund which represents a broad spectrum of cannabis stocks is also down.
I emphatically reiiterate that a 500%-1000% jump within four months seems an easy leap given the upcoming further expansion of the corporation, introduction of soft gels, rollout, production and distribution of an array of Mary's Medicinal products, expansion into Quebec (with distribution channels now in 95% of Canada), and the amazing cannabis production contract and exclusive 5 year distribution contract with 7 billion dollar corporation Boston Beer. Boston Beer had a vast array of producers/distributors to choose from, and they took their time and selected Entourage. These ground breaking new cannabis beverage products will be on the market by December.
ENTG reached a .99 high in March, before any of the above recent achievements; and based entirely on earlier performance (and also prior to the most recent surges in revenue). $1.90 a share takes us to a 1000% increase, what today's new investors will realize when $1.90 per share is attained.
Revisiting some fundamental facts:
-Entourage Health owns both a huge outdoor facility and large indoor ones as well. Financing is locked in with the Bank Of Montreal. Just the skyocketing value of Real Estate in their area over the past few years has probably enhanced overall value dramatically in and of itself, but that is an aside.
-They also have their own processing facility (CX Enterprises) in Strathroy and have obtained a significant exclusive contract with Mary's Medicinals to produce and distribute a vast array of MM products in Canada. One product which has been very successful in the US to help curb opiod addication has been the MM patches, which are just now physically on the market in Canada with ENTG. Governments are now giving more attention to opiod addication, and this could be a truly huge product.
-Currently the patches will be available through Starseed Medicinal, which incidentally services directly The Laborers International Union of North America. In Canada, Liuna has over 100,000 members who can order their cannabis directly from Entourage Health under special license omitting the middle man in the process. The purchase may well be covered by Health Insurance in Canada with a doctor's prescription. When cannabis is legalized federally in the US, ENTG will also have it's foot in the door with a much larger United States LiUNA consituency there as well.
-Starseed also sells the host of ENTG products to the general public and also produces and distributes the highly regarded Entourage Health/Weed MD Colour Cannabis and Saturday Cannabis lines for the recreational market.
-Other recent products include Fire and Flower softgels just introduced, and then of course we have the huge five year contract to provide the cannabis for a new line of innovative cannabis beverages backed by Boston Beer, a 7 billion dollar company. Entourage has an exclusive five year contract for cannabis production and final product distribution within Canada, and the new exciting products will already be available later this year.
-Boston Beer incidentally chose entourage because ENTG now has distribution channels in 95% of Canada, plus Starseed Direct Sales to Liuna Members and the general public, and also has a major presence at Shopper's Drug Mart (though the new cannabis beverage line likely will not be sold there-ha!)
-Further, Cannabis legislation will soon be underway in the US House of Representatives to legalize banking for cannabis and more in States where cannabis is currently legal, and Senate leader Chuck Schumer has vowed to push cannabis legislation through the US Senate with the possibility to legalize it or decriminalize it on the Federal Level. This is a huge development as Mitch McConnell (the prior person in charge of the Senate) would not bring cannabis legislation to a floor vote. Nearly all Cannabis stocks have been under pressure for several months now and near term action may well release the pressure valve.
-Entourage Health is also producing very popular vaping products, and is working on hashish resins as well.
-On August 10th, ENTG announced record quarterly revenues of 13.8 million dollars.