Entourage Health Corp. (TSX-V: ENTG) (OTCQX: ETRGF) (FSE:4WE), a prominent Canadian producer and distributor of high-quality cannabis products, has revealed a significant amendment to its supply agreement with HEXO Corp. The agreement now ensures a continued and reliable source of premium bulk cannabis biomass for Entourage's extensive product portfolio.

This amended supply agreement comes as a result of HEXO Corp.'s acquisition by Tilray Brands, Inc., prompting a strategic shift in Entourage's sourcing approach. Under the new terms, Entourage will obtain its bulk cannabis from Tilray's cultivation sites as needed, with the obligations previously held by HEXO now assigned to Aphria Inc., Tilray's principal operating entity and license holder.

Key amendments to the supply agreement include an extension of the initial term, providing long-term stability in securing a consistent, high-quality cannabis supply for Entourage's products. Prices for all products supplied under the agreement remain fixed, although limited and periodic adjustments can be made based on prevailing production costs.

George Scorsis, CEO and Chair of Entourage Health Corp., expressed the company's commitment to maintaining product quality and exceeding customer expectations through this strategic transition. He emphasized the shared goal with Tilray to establish a partnership that ensures their products consistently meet the highest standards of quality and satisfaction for patients and consumers alike.

Entourage Health Corp. continues to be a leading player in the Canadian cannabis industry, offering an impressive portfolio of both medical and adult-use cannabis products, including popular brands like Color Cannabis, Saturday Cannabis, Dime Bag, Syndicate, and Mary’s Medicinals. Their exclusive distribution of cannabis-infused beverages 'TeaPot' in Canada, along with partnerships with Irwin Naturals, further solidifies their position in the market.

This amendment to the supply agreement reflects Entourage Health Corp.'s dedication to securing premium cannabis resources and maintaining its commitment to product excellence in a rapidly evolving industry.

Read Release: https://www.globenewswire.com/news-release/2023/09/15/2743919/0/en/Entourage-Health-Announces-Amendment-to-Key-Supply-Agreement.html