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.

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Eve & Co Inc > Guess what Cannwest

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Comment by CleverInvestor2on Nov 09, 2019 5:38pm

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Post# 30331999

RE:RE:RE:RE:RE:RE:RE:Guess what Cannwest

I'm expecting a small profit. Last quarter, we were not selling in Manitoba and stopped selling plants(sold out). Yes, small market but with Manitoba and plants back online, we should be looking at a small profit, even if our revenue decreases in NL.

Also looking forward to the Quarter to be released because usually eve releases some news that nobody was expecting such as Manitoba and 3rd German Agreement.

Spectra7 wrote:

Goldy63 wrote: Why not post the number Spec ? If I recall ithe loss was around a million $ where as the q previous was around 8 milion so would look like EVE is turning the corner to profitability . Even some small green next Q will be a good thing as the market is looking for profitable companies . That Q is comming around soon . TGIF . JMO.

Goldy63, I don't anticipate a profit next Q based on MY assumption that with wholesale and retail price compaction experienced by other LP's...limited exposure by EVE currently in the Canadian market, increased capex and general expences to operate the new expansion, and lastly no sales to the target market of Germany. Hopefully H.C. gets off their "duffs" and allows EVE to get things rolling. Higher expences with limited sales avenues cost $$$. IMHO, if the German market does not allow EVE to top up the bank a/c sooner, rather than later, another capital raise is in our immediate future. Cheers