RE:value hereENTG is already up to roughly 60 million in revenues for the past four quarters, with revenues up 94% year over year:
https://stockhouse.com/news/press-releases/2021/11/16/entourage-health-reports-q3-financial-results-with-14-9-million-record-revenue
ENTG/Weed MD has delivered impeccably on a broad range of very well receved and highly rated products now consistantly for several years. This along with their distribution channels to 95% of canada likely propelled Boston Beer affiliates to sign a 5 year exclusive agreement for cannabis provision and cannabis beverage production throughout Canada from the extensive range of cannabis companies out there. This production is scheduled to begin this month.
ENTG also incidentally has 2% of all Cannabis business throughout with rapid upward trajectory as they introduce a host of new products.
It would serve everyone well who has not done so to check out all the regular, systematic, detailed and straightforward ENTG news releases available on this site. For a few examples, ENTG has a distribution agreement with Fire and Flower, are exclusive distributors of Mary's Medicinal patches and other Mary's products in Canada, released a new line of softgel products this November 30th through their wholly owned Starseed Medicinal, and then we have the very popular now established Pax Vapes, and the recent purchase of CannTX Life Sciences to add rosin and hash production, tissue culture, micropropogation and craft cultivation capabilities to their truly incredible range of products:
https://stockhouse.com/news/press-releases/2021/11/01/entourage-health-closes-acquisition-of-craft-cultivator-canntx-life-sciences-inc
Don't let bozos scare you out os an iopportunity of a lifetime. Most are likely frightening people out of their shares, they are likely picking them up to enhance their own portfolio.
Strongly capitaliuzed investment entities prey on the ignorance of many retail investors who equate present stock price with actual value and potential, applying a broad range of maipulative tactics to achieve their nefarious goals. Hedge funds and other entities take huge swaths of investor money and shoot things up to ridiculous levels and whack them down making money by shorting the equity.
Most stocks are very frothy in this market if one is attuned to fundamentals. Investment brokers generally don't care as there is no fiduciary duty in the US or Canada, and again make money on both sides of the equation.
When a stock gets to this price level it is easily manipulated upward or downward. Applying comparables, this stock belongs in the $2-3 range right now .
Through it all at the end of the day, the long term accomplishments of the company will propel the stock forward permanently to much higher levels..
Anyone who can see through the fog would be very well served indeed to scoop up as many shares as they can possibly afford.