Firm additionally confirms its certification as an Ontario Residing Wage Employer, turning into considered one of solely three hashish cultivators with this distinction
TORONTO, Dec. 15, 2021 (GLOBE NEWSWIRE) — Entourage Well being Corp. (previously WeedMD Inc.) (TSX-V:ENTG) (OTCQX:ETRGF) (FSE:4WE) (“Entourage” or the “Firm”), a Canadian producer and distributor of award-winning hashish merchandise and types, introduced right this moment it has upgraded its cultivation platform to incorporate a singular Firm-wide standardized system rooted in tissue tradition propagation that’s anticipated to drive business development for premium merchandise in 2022. Along with the introduction of recent “Plant Empowerment” practices and new genetics geared at optimum cover administration, the Firm can also be happy to substantiate it lately obtained certification as an Ontario Living Wage Employer.
“We formally applied tissue tradition propagation throughout our Strathroy facility to align with our Guelph craft manufacturing website and it’s now on the coronary heart of Entourage’s horticultural program – which we absolutely count on will end in a balanced, constant cover that produces greater efficiency, cannabinoid and terpene-rich cultivars and merchandise,” mentioned Patrick Scanlon, Head of Cultivation, Entourage. “In our drive to supply the easiest for our sufferers and shoppers, we’re nurturing and mentoring a world-class cultivation staff that collectively will elevate hashish merchandise and experiences in Canada. Our balanced strategy is already seeing advantages with thrilling new genetics for extremely sought premium flower merchandise coming in 2022 throughout all our business channels.”
Tissue tradition propagation is well known as a superior approach of rising and preserving agricultural root well being and has been primarily used throughout agricultural channels over the past 60 years. Entourage’s Guelph facility has developed a proprietary tissue tradition program “SteadyStem Options” for the hashish {industry} utilizing bio-technology strategies geared toward plant cell development in a clear, scientific-data pushed setting. Its “Plant Empowerment” strategy is a precision agriculture, data-driven philosophy based mostly on environmental monitoring, built-in rootzone administration, plant response information and KPIs centered round glorious donor inventory that minimizes contamination, promotes genetic integrity and the expansion of vigorous, prolific vegetation.
The Firm lately regenerated a few of its prized cultivars and genetics distinctive to Entourage’s manufacturers: Colour Hashish, Saturday Hashish, Royal Metropolis Hashish Co., and Starseed Medicinal with the objective of assembly evolving client preferences for premium merchandise. The total suite of recent merchandise is predicted to be rolled out beginning in early 2022.
Ontario Residing Wage Employer Certification
Entourage additionally introduced it has been formally licensed as an Ontario Residing Wage Employer. A residing wage is outlined because the earnings wanted for a employee and/or household to satisfy primary bills and considers the true prices of residing, and taking part of their neighborhood. It’s greater than the provincial minimal wage and attracts on community-specific information to find out the speed.
“We’re proud to be a frontrunner within the residing wage motion inside the hashish {industry}. It’s extensively confirmed that companies like Entourage – who supply a residing wage, complete advantages packages, shares packages, benefit packages and mentorship alternatives – usually tend to retain and appeal to expertise in addition to encourage greater productiveness and job satisfaction inside their expertise pool,” mentioned Deborah Sikkema, Chief Individuals Officer, Entourage. “Making certain our office is conducive to constructive worker engagement is a key measure of success for us, notably as we glance to extend our cultivation and manufacturing expertise in 2022. We additionally acknowledge {that a} greater way of life will carry constructive change in Ontario’s hashish neighborhood as a complete and we’re thrilled to be on the forefront of this motion.”
Go to Entourage Well being’s newly launched web site here. To entry our company video, go to us here and to entry our newest investor presentation and company deck here.
About Entourage Well being Corp.
Entourage Well being Corp. (previously WeedMD Inc.) is the publicly traded guardian firm of WeedMD RX Inc. and CannTx Life Sciences Inc., licence holders producing and distributing hashish merchandise for each the medical and adult-use markets. The Firm owns and operates a 158-acre state-of-the-art greenhouse, outside and processing facility positioned in Strathroy, ON in addition to a totally licensed 26,000 sq. ft. Aylmer, ON processing facility, specializing in hashish extraction. With the addition of Starseed Medicinal, a medical-centric model, Entourage has expanded its multi-channeled distribution technique. Starseed’s industry-first, unique partnership with LiUNA, the most important development union in Canada, together with employers and union teams enhances Entourage’s direct gross sales to medical sufferers. In October 2021, Entourage closed the acquisition of craft cultivator CannTx Life Sciences Inc. which operates out of its state-of-the-art micropropagation and specialty extraction facility in Guelph, Ontario. Craft model Royal Metropolis Hashish was added to Entourage’s elite product portfolio that features adult-use manufacturers Colour Hashish and Saturday Hashish – bought throughout eight provincial distribution companies. The Firm additionally maintains strategic relationships within the seniors’ market and provide agreements with Buyers Drug Mart. It’s the unique Canadian producer and distributor of award-winning U.S.-based wellness model Mary’s Medicinals bought in each medical and adult-use channels. Entourage lately introduced an unique collaboration with The Boston Beer Firm subsidiary to launch cannabis-infused beverages in Canada.
For extra data, please go to us at www.entouragehealthcorp.com
Comply with Entourage and its manufacturers on LinkedIn
Twitter: Entourage, Color Cannabis, Saturday Cannabis, Starseed & Royal City Cannabis Co.
Instagram: Entourage, Color Cannabis, Saturday Cannabis, Starseed & Royal City Cannabis Co.
For additional data, please contact:
For Investor Enquiries:
Valter Pinto
Managing Director
KCSA Strategic Communications
1-212-896-1254
[email protected]
For Media Enquiries:
Marianella delaBarrera
SVP, Communications & Company Affairs
416-897-6644
[email protected]
Ahead Wanting Info This press launch accommodates “forward-looking data” inside the that means of relevant Canadian securities laws that are based mostly upon Entourage’s present inside expectations, estimates, projections, assumptions and beliefs and views of future occasions. Ahead-looking data may be recognized by means of forward-looking terminology resembling “count on”, “seemingly”, “might”, “will”, “ought to”, “intend”, “anticipate”, “potential”, “proposed”, “estimate” and different comparable phrases, together with damaging and grammatical variations thereof, or statements that sure occasions or situations “might”, “would” or “will” occur, or by discussions of technique. Ahead-looking data on this press launch consists of, however shouldn’t be restricted to, data in respect of the manufacture and distribution of cannabis-infused drinks pursuant to the event, provide, manufacturing, gross sales and advertising and marketing agreements entered into by the Firm and the prospects thereof.
The forward-looking data on this information launch relies upon the expectations, estimates, projections, assumptions and views of future occasions which administration believes to be affordable within the circumstances. Ahead-looking data consists of estimates, plans, expectations, opinions, forecasts, projections, targets, steerage or different statements that aren’t statements of truth. Ahead-looking data essentially contain recognized and unknown dangers, together with, with out limitation, dangers related to basic financial situations; adversarial {industry} occasions; lack of markets; future legislative and regulatory developments; incapability to entry adequate capital from inside and exterior sources, and/or incapability to entry adequate capital on beneficial phrases; the hashish {industry} in Canada typically; the power of Entourage to implement its enterprise methods; the COVID-19 pandemic; competitors; crop failure; and different dangers.
Any forward-looking data speaks solely as of the date on which it’s made, and, besides as required by legislation, Entourage doesn’t undertake any obligation to replace or revise any forward-looking data, whether or not on account of new data, future occasions or in any other case. New components emerge once in a while, and it isn’t potential for Entourage to foretell all such components. When contemplating this forward-looking data, readers ought to take note the chance components and different cautionary statements in Entourage’s disclosure paperwork filed with the relevant Canadian securities regulatory authorities on SEDAR at www.sedar.com. The chance components and different components famous within the disclosure paperwork might trigger precise occasions or outcomes to vary materially from these described in any forward-looking data.
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
