Eve & Co Inc V.EVE.H

RE:RE:RE:RE:OUCH down 16% and tanking

[Spectra7]

BobZilla wrote: Hey Spectra7,

All really good observations & worries....if you are going to sell the bulk of your MJ into Canada....and into its most basic markets....bud & extract.

Outdoor grow isn't going to get accepted into the EU marketplace...not for many years...if ever. Germany and its EU partners have way tighter quality control/expectations than HC....SERIOUSLY!  Otherwise...just grow MJ outdoors in Central America/Southern Latitudes...where it often is smuggled from today. Cheap labour, cheap land and almost no overhead.

The beauty of EVE's biz plan is the Germany/EU marketplace being committed to taking the majority of its MJ for the next few years. AND, with EVE's 1,000,000 sq ft under one roof and less than 150 employees....lowest indoor cost in Canada?.....maybe 80 cents/gram cost when optimized?
I figure EVE will get no less than $4/gram average for the next 2-3 years.

THOUGHT ON YOUR LOWER SELL PRICE...If you can grow it indoors for 80 cents/gram....then even $2/gram sell price is a lot of net profit on 50,000 kgs/year...that's $1.20 per gram profit = $60,000,000/year for EVE level production...or about 20 cents per share of EVE. Figure 10-15 times earnings and it trades at $2.00 to $3.00 worst possible case.

Cheers,  BobZilla

Hey Bobz ...great comments Like what we hear from Tilray about the scrutiny LP's have getting nothing less than GMP certified product into Germany. There has been so many new curve balls in this sector over the past 36 months, it's still very hard to find the last men/women standing. Cheers Looking forward to next Q's results, that Imho, will be the absolute indication on my future with Eve.