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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 > ENTG Commercial Land Value in Toronto Area $300,000,000!
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Post by Wrywisdom on Aug 03, 2023 5:52pm

ENTG Commercial Land Value in Toronto Area $300,000,000!

According to the Financial Times, Toronto area commercial land value approaches 2 million per acre. Entourage owns 158 acres free of any bank obligations.

ENTG generates 60 million approximate per annum revenue and is on the cuspice of profitability with a host of successful initiatives and offerings; and also has up to 5.3% of total cannabis market share in areas of Canada market. 

                        https://financialpost.com/globe-newswire/entourage-health-reports-first-quarter-2023-financial-results

All that needs to be said. Beaten down stock value is not company value, and this is where the big money is made when one carefully examines the facts.
Comment by Nicksonsnowboar on Aug 03, 2023 8:37pm
 Entourage Health Corp. reported a net loss of 123.1 million Canadian dollars ($90 million) for its 2022 fiscal year amid declining revenue. Entourage, previously known as WeedMD, warned in a regulatory filing about “material uncertainty that may cast a significant doubt about the company’s ability to continue as a going concern The Aylmer, (which is a tobacco farm ...more  
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