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Bullboard - Stock Discussion Forum Eve V.EVE.H

Alternate Symbol(s):  EEVVF

Eve & Co Inc, through its wholly-owned subsidiary, is engaged in the cultivation and sale of cannabis and its related products. All of its revenues come from Canada.

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MJVigilante (4) | February 03, 2022 12:04 pm

Looks like a lot of people dump on the company, i bailed a while back, lost my shirt but kept my pants. The entire industry anal probed my investments. 

It is our government and the lack of policing the BM that is at fault.  This company as many others is just a side effect of our governments poor management.  The OCS takes 55% to retail on top of the excise tax for an example.
The producer is lucky to make 1-2$ per gram, many bulk purchase options under $1 to other LP's.

Good luck to investors in this industry it is wrought with peril.

btw with the deep discount to book, the elimination of debt might nwork out so bad, Does our government ever step to the plate, or just milk the dying cows?


RE:company

mystique1 (80) | February 03, 2022 01:52 pm

if a company can't operate profitably get out of what its doing and go to something else.  

RE:RE:company

MJVigilante (4) | February 04, 2022 03:20 pm

you condemn every grower with that remark.  some have too much invested to give up. some still feel there is profitable days ahead.  only the processors make money currently.  these guys underperform no doubt, but the reality is that there is only profit in this space for the regulators, processors, material suppliers and illegal operations. 

RE:RE:RE:company

mystique1 (80) | February 04, 2022 04:08 pm

no, I condemn poor business people and sleaze bag,  crooked operators trying for a fast buck.  Health Canada has done a disservice licensing producers under weak guidelines.


RE:RE:RE:RE:company

mystique1 (80) | February 04, 2022 04:11 pm

"licensing cultivators/processors"