Eve & Co Inc V.EVE.H

Yawn

[Hempvestor]

To everyone complaining and saying how sh*t EVE is on a day where the beaten up leaders are running but we’re red...I bet you weren’t complaining when we had 3 green 30%+ days while the rest of the sector was still red.. 

Bond, you’re one of the ones that believes oversupply is a major issue going into 2020. Yet you’re saying EVE’s selling price is too low? Wouldn’t it be advantageous to have one of the lowest selling prices during a time where there’s an oversupply of cannabis?.. I know it would definitely be in the distributors/retailers & consumers favour, seeing as it benefits them more than these other co’s that are selling at twice the price, hence the exaggerated prices of 45$ for 3.5g (and that’s in QC, where we have plenty of 3.5gs for under $25). Also, our cost post-harvest is very minimal, I’ve been checking through other companies find and their costs are around .40+ whereas we’re at $.03 P-H.

One thing that I will agree with is that we currently have a low yield per plant.. Those same companies I checked for P-H costs had yields of upwards of 100g per. This would be a concern, but I’d wait to see what the yields are once we start harvesting from the recent expansion. They need to crank those numbers upwards if they really want to benefit from such a small selling price. One more small thing I’d like to mention; I saw someone post that they’re currently fetching ~$3000 per kg.. which comes out to $3 a gram. If that’s true, then that’s already 36% more that was stated as their average on fins. Just some food for thought..

Once again, not a pump. Looking for an intellectual conversation for once