Entourage Health Corp V.ENTG

Industry going to pot

[prested]

Hexo laying off 155 employees, Cronos restating their figures etc, etc. 
  The fact is the gilt is off the gingerbread and the enthusiasm for pot stocks after legalisation has diminished. A sober view would seem to indicate that quality is high  (no pun intended) on the consumer's minds. Who knew that would happen? 
    As a result it seems that it will be a couple of years before we see how things will play out but the survivors are likely to be those who produce great product and have loyal followers.
   Taking an objective point of bview I would say there is little doubt that ENTG has superior product to the mass producers. Whether they can turn that into profit become crucial. Unfortunately, they don' have unlimited time, but if they can at least show that they are making progress they may buy enough time so that they will emerge as a specialist producer and be attractive to a suitor.

[Nicksonsnowboar]

I think it would have to be quick about face. The sector is depressed but using yesterday as an example the sector stocks were up between 8 to 16 percent technical in nature with volumes well over million and surprisingly many are having a carry over today except MD which pretty well tells you were they fit in the scheme of things. They are on the outside looking in. Presently they have a better

[Nicksonsnowboar]

There you go ,pretty predictable