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Bullboard - Stock Discussion Forum 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... see more

TSXV:ENTG - Post Discussion

Entourage Health Corp > Another 1.2M inventory write-off
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Post by voiceoftreason on Dec 01, 2020 9:49am

Another 1.2M inventory write-off

An 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.
Comment by InvestingFool50 on Dec 01, 2020 11:12am
Speculation or fact of another write off???
Comment by voiceoftreason on Dec 01, 2020 12:09pm
Wrote off 1.2M in Q3, 1.3M in Q2
Comment by InvestingFool50 on Dec 01, 2020 12:47pm
Was the Q3 write off reported on the call this morning?
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