Post by
Wrywisdom on Mar 08, 2022 12:38pm
Another Detailed News Release. Innovative Fine Tuning...
https://stockhouse.com/news/press-releases/2022/03/08/entourage-health-debuts-new-2022-color-cannabis-branding-campaign-and-celebrates
Excerpts on Performance Statistics:
Recent retail data shows that Color is ranked #12 in terms of total Canadian sales, and it leads with 4.85% market share in the pre-roll segment, ranked as #5 in the product segment (Ref: Buddi Data, February, 2022). Moreover, Color experienced major growth in the premium flower and pre-roll market segments in 2021, representing a 535% sales increase over the prior year, with a 2.1% total market share (Ref: Hifyre Data as of Dec. 31, 2021, published Jan. 2022). Additionally, the Color brand was a top 10 performer in terms of retail growth in 2021 up 66% from the prior year (Ref: Buddi Data, Jan 5, 2022), representing growing consumer market share.
Impressive statistics indeed. This without a doubt remains an extraordinary investment and cost averaging opportunity despite some downward manipulation today.
Comment by
Ebankbank on Mar 09, 2022 7:22am
I am still baffled why this investment I made is lagging at these prices. Maybe we need the Reddit team to help us out ????? LOL.
Comment by
prested on Mar 09, 2022 11:16am
Baffled? The company is drowning in debt, and has basically been taken over by the holders of the debt who could pull the plug any time and take the assets, leaving the shareholders with zero. What is baffling is why they haven't done so before now.