Post by
Tomas617 on Nov 14, 2019 9:57pm
Crazy like a fox
Could all the lack of info be a blessing in disguise. The juxtaposition to every comment seems well planned in hindsight by Eve. Ontario is no good...Eve chose not to be in Ontario....Canada is too saturated....Eve chose to have 75% of production going to Europe.......LPs have spent too much, have been too aggressive with their spending and are now downsizing...Eve stayed lean with costs and should post small loss or small gain....edibles will not be the saviour...Eve chose to not over extend and will prob have another producer take on cost of production and simply attempt to get a few skews on the market at minimal risk. Investors looking at a low cost high potential return may start looking at LPs like Eve....
Comment by
BobZilla on Nov 14, 2019 10:19pm
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Comment by
parthent on Nov 15, 2019 9:58am
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Comment by
Spectra7 on Nov 15, 2019 11:27am
I like your thoughts....because the other business model employed by MOST OTHER LP's is not working. Low cost production has been a lost leader in Canada. Margins in Europe will be stronger. Cheers