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 > .07 cents

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Comment by cannveston Nov 28, 2019 2:09pm

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Post# 30402986

RE:RE:RE:RE:RE:.07 cents

Visionist wrote: Yes , Aurora and HEXO both cancelled their builds and shutdown facilities because of oversupply. Wouldn't surprise me if EVE suspends growing because the market isn't there. Growing on the expansion just increases cash burn if the market isn't there.....

MJVigilante wrote:

Fabnaps wrote: You would think if the financials weren't bad then today's news would only drive the share price up? Can it be most people didn't read the financials? Any see the positives in the financials?

The real isse is that the financials are yesterday. They are old by the time they are released. The MD&A however is forward looking.

If you read my posts you will see that i have always maintained the share price would not rebound until they have sales and the expansion is in full production (Q1, Q2 2020?) That being said the market sentiment is crazy tough on the sector and this company. It's valuation is a joke if you beleive that management can deliver and will not run this company insolvent.

there is no logical reason for the deflated share price when aurora - cancels build and losses of 1 billion, and has sig value still, i could name many more that are in the space and demonstrate inability to keep costs reasonable. They will die.

The story of Eve is yet to unfold, however any positives, yes there is momentum, sales are increasing despite slowly, this momentum will continue.

As to the share price. It is under valued but may fall further, it depends on whom is willing to sell, for currently the buyers are scarce (or are all in already, like myself)