Entourage Health Corp. (
TSX-V: ENTG)
(
OTCQX: ETRGF) (
FSE:4WE)
("
Entourage" or the "
Company"),
an established Canadian producer and distributor of award-winning
cannabis products, today unveiled the expansion of its product
portfolio.
Entourage also announced the expansion of Dime
Bag-branded pre-rolls into Alberta, introducing Diesel and Tropical
Pocket Puffs. A package of four pre-rolls, each containing 0.5g, is
available for a suggested retail price of $10.00 inclusive of
taxes. This strategic move leverages Dime Bag's significant
momentum in Ontario. Recent data highlights the brand's rapid
growth, positioning Dime Bag as the third fastest-growing pre-roll
product in the province for the last two consecutive quarters.1
Entourage anticipates the spring launch will mirror the brand's
popularity throughout Alberta.
“At Entourage, we are dedicated to providing
what consumers truly want – variety, quality, and a premium
experience, guided by comprehensive market research and valuable
consumer feedback," shared Joseph Mele, Chief Commercial Officer.
"Our offerings are not just products; they reflect evolving
consumer trends and respond to the dynamic demands of the market,
consistently elevating our brand appeal with each release."
Spring Brings Fresh Offerings from Color
Cannabis
-
Jazzberry Pre-Rolls: Color introduces its newest
indica-dominant cultivar to the Ontario market. This distinctive
strain has a flavourful combination of sour wild blueberries and
fresh cream. Jazzberry boasts THC levels ranging from 24% to 30%
and is available in 10 x 0.35g format.
-
Blueberry Seagal Live Resin Infused Pre-Rolls: The
product is available in a convenient 3 x 0.5g format. Each pre-roll
boasts a unique blend of 'Blueberry Seagal' dried flower and live
resin concentrate. This combination delivers an intense aroma and
flavour profile, capturing the essence of the classic Blueberry
lineage. Available at select retailers across Ontario.
- Pedro's
Prima Sativa Pre-Rolls: Ontario and Alberta can now
experience the legendary ‘Pedro's Sweet Sativa’ in a convenient
pre-roll format. Pedro's Prima offers 10 x 0.35g pre-rolls, each
packed with the strain's signature sweet flavour and aroma.
Additionally, Color has extended its whole
flower range, featuring 'Jazzberry' in 3.5g, 'Mango Haze' in 3.5g,
7g and 15g, 'Pedro's Sweet Sativa' in 3.5g, 7g and 15g, and the
full-bodied 'Phantom Sunset' in 3.5g and 7g. These varieties are
available at authorized cannabis retailers across select Canadian
regions.
Saturday Cannabis Unveils New Vape
Products
Saturday Cannabis launches new 'Sour Blueberry'
1g vape a fusion of smooth, tangy berry flavours with a citrusy
twist, now available across Ontario. Expanding its vape portfolio,
Saturday introduces a vibrant summer collection featuring
'Raspberry Ice,' 'Watermelon,' and 'Beached Mango' offering
consumers a refreshing and diverse vaping experience, now available
nationwide.
Company Update
On April 30, 2024, the Company announced that it
was in breach of certain financial covenants and other obligations
under each of its Senior Credit Agreement and Subordinated Credit
Agreement with an affiliate of the LiUNA Pension Fund of Central
and Eastern Canada (“LPF”) and was working collaboratively with LPF
to reach an agreement on refined debt terms. Consequently, the
Company received a renewed forbearance letter on May 3, 2024,
waiving the Company's breaches until August 2, 2024, subject to the
satisfaction or waiver of certain conditions.
About Entourage Health
Corp.
Entourage Health Corp. is the publicly traded
parent Company of Entourage Brands Corp., a licence holder
producing and distributing cannabis products for the medical and
adult-use markets. The Company owns and operates a fully licensed
26,000 sq. ft. Aylmer, ON processing facility. With its Starseed
Medicinal medical-centric brand, Entourage has expanded its
multi-channelled distribution strategy. Starseed's industry-first,
exclusive partnership with LiUNA, the largest construction union in
Canada, along with employers and union groups, complements
Entourage's direct sales to medical patients. Entourage's elite
adult-use product portfolio includes Color Cannabis, Saturday
Cannabis – and now Dime Bag and Syndicate – sold across eight
provincial distribution agencies. Exclusive Canadian producer and
distributor of award-winning U.S.-based wellness brand Mary's
Medicinals, sold in both medical and adult-use channels in
addition, Entourage also entered into an exclusive agreement with
Irwin Naturals, nutraceutical and herbal supplement formulator of
popular branded wellness products sold across North
America.
Follow Entourage and its brands
on LinkedIn Instagram: Color
Cannabis, Saturday Cannabis, Starseed, Syndicate, Dime Bag
For Investor & Media
Enquiries:Catherine FlamanSenior Director, Communications
& Corporate
Affairs416-910-0279Catherine.flaman@entouragecorp.com
Forward Looking Information
This press release contains "forward-looking information" within
the meaning of applicable Canadian securities legislation which are
based upon Entourage's current internal expectations, estimates,
projections, assumptions and beliefs and views of future events.
Forward looking information can be identified using forward-looking
terminology such as "expect," "likely," "may," "will," "should,"
"intend," "anticipate," "potential," "proposed," "estimate" and
other similar words, including negative and grammatical variations
thereof, or statements that certain events or conditions "may,"
"would" or "will" happen, or by discussions of strategy.
The forward-looking information in this news
release is based upon the expectations, estimates, projections,
assumptions, and views of future events which management believes
to be reasonable in the circumstances. Forward looking information
includes estimates, plans, expectations, opinions, forecasts,
projections, targets, guidance, or other statements that are not
statements of fact. Forward looking information necessarily involve
known and unknown risks, including, without limitation, risks
associated with general economic conditions; adverse industry
events; loss of markets; future legislative and regulatory
developments; inability to access sufficient capital from internal
and external sources, and/or inability to access sufficient capital
on favourable terms; the cannabis industry in Canada generally; the
ability of Entourage to implement its business strategies;
competition; crop failure; and other risks.
Any forward-looking information speaks only as
of the date on which it is made, and, except as required by law,
Entourage does not undertake any obligation to update or revise any
forward-looking information, whether as a result of new
information, future events or otherwise. New factors emerge from
time to time, and it is not possible for Entourage to predict all
such factors. When considering this forward-looking information,
readers should keep in mind the risk factors and other cautionary
statements in Entourage's disclosure documents filed with the
applicable Canadian securities regulatory authorities and available
on SEDAR+ at www.sedarplus.ca. The risk factors and other factors
noted in the disclosure documents could cause actual events or
results to differ materially from those described in any
forward-looking information.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS
REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE
POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR
THE ADEQUACY OR ACCURACY OF THIS RELEASE.
_________________________
1 Hifyre data on pre-roll sales encompasses the three-month
period ending December 31, 2023, as well as the subsequent quarter
concluding on March 31, 2024.
Entourage Health (TSXV:ENTG)
Gráfica de Acción Histórica
De Nov 2024 a Dic 2024
Entourage Health (TSXV:ENTG)
Gráfica de Acción Histórica
De Dic 2023 a Dic 2024