Eve & Co Inc V.EVE.H

Consumer Defensive Household & Personal Products

Eve & Co Incorporated is a Canada-based company, which holds cultivation and processing licenses for the production and sale of various cannabis products, including dried cannabis, cannabis plants and extraction of cannabis oil. It is a licensed producer of medicinal marijuana. It also provides educational information and online support for its customers and first-time buyers. Its products include The Boss Bath Bomb, The Dreamer Bath Bomb, The Lover Bath Bomb, The Optimist CBD Bath Bomb, Indica Blend, Sativa Blend, The Boss, The Confidant, The Creator, The Lover, The Adventurer, The Advocate, and The Free Spirit. Its wholly owned subsidiary is Natural MedCo Ltd. The Boss Bath Bomb has an invigorating blend of sweet orange, lemon, and grapefruit essential oils that come together to enhance and lift mood, reduce stress, and stimulate circulation. The Dreamer Bath Bomb has calming lavender and chamomile essential oils that help to reduce stress and anxiety and promote calmness.

TSXV:EVE.H - Post by User

Eve & Co Inc

Bullboard Posts

Comment by HaumerSon Aug 06, 2019 1:33pm

144 Views

Post# 29998141

RE:RE:RE:RE:Market Cap

HaumerS wrote:

MJ MadeMeRich wrote: What I got from the NR was 2 pieces of important information people seem to be overlooking. In the NR they say the expansion will bring in 50K... The way it's worded makes me believe it's 50K + current production in the 220sqft. Also, they said they were having a ribbon cutting ceremony in mid September before they get the license approval... The way they worded that has me believe they're expecting the license in or around mid September.... Not a very long wait at all. You can buy cheap shares today or pay a premium in late August onwards.

Rpizzle wrote: I think the market is waiting for Health Canada approval of the expansion, and some positive financials. Also, Eve is very conservative as far as marketing goes which seems very counter productive considering legalization 2.0 is around the corner.

No, this is about 50K anually

PRODUCTION AND EXPANSION CURRENT SIZE
• 220,000 sq.ft. existing greenhouse space
• 120,000 sq.ft. original with 100,000 sq.ft. new flowering room
• Production Capacity: ~800 kg per month

EXPANSION • Estimated completion June 2019
• 780,000 sq.ft. expansion • Increases capacity to ~4,000 kg per month
• Construction cost: ~$32 million

COMBINED CAPACITY
• 1,000,000 sq. ft. total greenhouse space
• ~50,000 kg per year

The capacity was increase to about (~) 50k per year
~4,000K per month x 12 = about ~48K, so about ~50K per year

220,000 sq.ft. + 120,000 sq.ft. + 780,000 sq.ft. = 1,000,000 sq.ft.