Entourage Health Corp. (formerly WeedMD Inc.)
(
TSX-V:ENTG) (
OTCQX:ETRGF)
(
FSE:4WE) (“
Entourage” or the
“
Company”), a Canadian producer and distributor of
award-winning cannabis products and brands is pleased to unveil the
refresh of its Color Cannabis (“Color”) adult-use brand with the
launch of its new 2022 branding campaign: ‘Just Add Color’. The
campaign launches on International Women’s Day honouring the
all-female creative team behind the brand refresh.
“While Color Cannabis is instantly recognizable
in the retail markets as one of the most visually disruptive brands
for its use of vibrant packaging, the story behind the pairing of a
Color cultivar and its respective pantone colour combination has
never been told – until now,” said Nikki Thomas, Senior Marketing
Manager of Commercial Brands, Entourage. “We are proud to
introduce colour theory to the cannabis industry with our ‘Just Add
Color’ campaign – meant to educate consumers on the correlation
between the colour associated with a particular strain and its
potential effect on moods. Colours generally associated with
calming, soothing and uplifting moments will give context to each
intentionally chosen Color Cannabis strain.”
In addition to Color Cannabis, Ms. Thomas leads
a team of four all-female creatives responsible for overseeing all
Entourage brands including Saturday Cannabis, Royal City Cannabis
and its medical brand Starseed Medicinal - all of which will be
launching new campaigns this year.
Since its Color Cannabis brand launch in 2019,
Entourage has continuously enhanced its premium brand, by utilizing
consumer feedback. In 2020, Entourage introduced nitrogen-infused
pouches in all its flower products, amplifying freshness to become
more sustainable - reducing packaging waste by over 80%. In 2021,
the Company introduced terpene labels on all its Color packages and
the inclusion of Boveda terpene-shield packets in all dried flower
products. With this 2022 refresh, Entourage is also including
additional information on its Color packaging about the curing
process and trimming practices.
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.
International Women’s Day
On International Women’s Day 2022, Entourage
proudly celebrates its female workforce, which reflects an
approximate 50% gender split across all levels, including at the
Company’s supervisor, manager and director-level positions.
Entourage’s C-Suite is also 50% female. This represents an
impressive milestone in the cannabis industry, as a recent study
conducted by MJBiz found that North American cannabis companies
gender split is only 22% female, and in Canada, a Deloitte study
found it's only 14% at the leadership levels. Entourage is focused
on developing programs that continue to advance women into
leadership positions with mentorship programs building on
individual strengths and opportunities to address noted industry
gaps in diversity. (Deloitte: An Industry Makes its Mark, October,
2021)
To read Entourage's recent Shareholder
Newsletter 2022, visit our website here. To access our
corporate video, visit us here and to access our latest
investor presentation and corporate deck here.
About Entourage Health
Corp.
Entourage Health Corp. (formerly WeedMD Inc.) is
the publicly traded parent company of Entourage Brands Corp.
(formerly WeedMD RX Inc.) and CannTx Life Sciences Inc., licence
holders producing and distributing cannabis products for both the
medical and adult-use markets. The Company owns and operates a
158-acre state-of-the-art greenhouse, outdoor and processing
facility located in Strathroy, ON as well as a fully licensed
26,000 sq. ft. Aylmer, ON processing facility, specializing in
cannabis extraction. With the addition of Starseed Medicinal, a
medical-centric brand, Entourage has expanded its multi-channeled
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. In 2021, Entourage acquired craft
cultivator CannTx Life Sciences Inc. which operates out of its
state-of-the-art micropropagation and specialty extraction facility
in Guelph, Ontario. Entourage’s elite adult-use product portfolio
includes craft brand Royal City Cannabis, Color Cannabis and
Saturday Cannabis – sold across eight provincial distribution
agencies. The Company also maintains strategic relationships in the
seniors’ market and supply agreements with Shoppers Drug Mart. It
is the exclusive Canadian producer and distributor of award-winning
U.S.-based wellness brand Mary’s Medicinals sold in both medical
and adult-use channels. Entourage recently announced an exclusive
collaboration with The Boston Beer Company subsidiary to launch
cannabis-infused beverages in Canada.
For more information, please visit us at
www.entouragehealthcorp.com
Follow Entourage and its brands 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 further information, please
contact:
For Investor Enquiries:Valter
PintoManaging Director KCSA Strategic
Communications1-212-896-1254entourage@kcsa.com
For Media Enquiries:Marianella
delaBarreraSVP, Communications & Corporate
Affairs416-897-6644marianella@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 by the use of
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. Forward-looking information included in this press
release includes, but is not limited to, statements in respect of
the Company’s anticipated achievement of profitability.
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; the COVID-19 pandemic;
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 on SEDAR at
www.sedar.com. 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
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/19303ff7-fb04-4125-93d1-73d74c6d06fa
https://www.globenewswire.com/NewsRoom/AttachmentNg/c2d12433-9502-4475-9cf0-983f183a8ff9
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