Entourage Health Corp ( (TSE:ENTG) ) has provided an update.
Entourage Health Corp. has completed a plan of arrangement where 1001095275 Ontario Inc., related to LiUNA Pension Fund, acquired all outstanding common shares for cash. This transaction, approved by shareholders and the court, marks a significant milestone for Entourage, allowing it to delist from major exchanges and cease public reporting. The arrangement also involved debt settlement agreements, and Entourage plans to focus on growth and delivering quality products.
More about Entourage Health Corp
Entourage Health Corp. is a publicly traded company focused on producing and distributing cannabis products for medical and adult-use markets. It operates a licensed processing facility in Aylmer, Ontario, and has a multi-channel distribution strategy, including partnerships with LiUNA and distribution of brands like Color Cannabis and Mary’s Medicinals.
Average Trading Volume: 48,788
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$1.54M
For a thorough assessment of ENTG stock, go to TipRanks’ Stock Analysis page.