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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 > Major News May Present Itself in December
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Post by Wrywisdom on Dec 10, 2021 3:06pm

Major News May Present Itself in December

Those waiting for a couple more weeks before investing or adding to their position might easily pay a 100% premium or more for that delay from this price point.

Prior announcements regarding the introduction of Boston Beer cannabis beverages suggest the introduction/debut will be this month. This is an extraordinary development with ENTG being awarded a five year exclusive contract to provide all cannabis for the upcoming range of offerings, and ENTG also has an exclusive distribution arrangement throughout Canada as well (Last time checked, Boston beer was a 7 billion dollar company).

The extraordinary high quality products a part of ENTG diversification continues, and by the way most of these developments and introductions are not hindered by the lingering illicit cannabis market.
Comment by Nicksonsnowboar on Dec 10, 2021 4:16pm
Possibly a blip on the hype but from a reality point of view no. The market is small and many of the major brands who have gone this route have experienced very little change to their bottom line as have the weed companies they are affiliated with. Plus competition depletes even more, plus they are having problems with not being able to use cans because of the reaction of the liner to thc, plus ...more  
Comment by Wrywisdom on Dec 10, 2021 4:48pm
A five year exclusive contract to provide all cannabis for Boston Beer to produce new cannabis beverage products in Canada, and then to distribute all products throughout Canada as well is a grand scale achievement my friend. Again, ENTG was chosen because of it's commitment to high quality products and it's licensing and extraordinary distribution network throughout 95% of Canada. There ...more  
Comment by Ebankbank on Dec 14, 2021 9:39am
Well I have this stock in my portfolio, I liked all the business deals they made, now we need them to cut the burn rate and start thinking of the shareholders. Let's see 2022 be the year for this company and get back to the all time highs over 2 bucks.
Comment by Wrywisdom on Dec 14, 2021 2:01pm
Yes, $2.00 is a very realistic price target for 2022 given all of the products, initiatives and business relationships ENTG already has underway, and on their plate moving forward. These percentage increases are not uncommon in this market when the fundamentals are in place..
Comment by Nicksonsnowboar on Dec 14, 2021 2:45pm
Now you're pushing it saying that a 3000% rise in 2022 in a saturated government controlled industry in only Canada to boot is a stretch and far from realistic. Get with the program ens the year at 7 to 8 and best case scenario  at this point in time is .019 , do the math. 
Comment by Wrywisdom on Dec 15, 2021 2:36pm
You seem surprised at the percent of projected rise, and I am looking at what actions are required to get us there. A host of accomplishments with more shortly to come. Big moves happen in the market with carefully selected equities based on a carefully examined broad range of facts. For example, of just the small number of holdings I personally follow, a number have done so:  As an exercise ...more  
Comment by Dumpinvestor on Dec 14, 2021 11:31pm
Dear wrywisdom. my crystal ball said..you will get $2 dollar for every 1000 shares..lol
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