RE:776 Cannabis Producers in Canada and ENTG has 2+% of Market!Wrywisdom wrote:
ENTG presently has 38 million dollars in working Capital, has captured more than 2% of the Canadian Market, has a host of actions accomplished, plus major initiatives on the go soon coming to fruition.
No doubt, as this Bloomberg article suggests many of the current 776 Canadian cannabis companies will disappear to the benefi of ENTG, but Entourage is here to stay and going nowehere but up:
https://www.bnnbloomberg.ca/three-years-post-legalization-canada-s-cannabis-industry-ready-for-a-reset-1.1667013#:~:text=At%20776%20producers%2C%20the%20number,legal%20pot%20in%20the%20market.
As countless companies disappear, the ENTG share of the Canadian market will likely catapult from 2+% to 5% within the next 12 months with further percentile grow from there. It is currently valued at about one quarter's annual revenues...really?
Pity to anyone who caves to fear with such solid and resounding facts in place, and rejects this sublime opportunity.
What you have here is a sinking ship and the company is drilling more holes in the bottom of the boat to let the water out