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Eve & Co Inc V.EVE.H

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

Comment by Jarredon Dec 22, 2019 10:18pm
60 Views
Post# 30482515

RE:RE:RE:RE:RE:EVE slowly but surely being derisked

RE:RE:RE:RE:RE:EVE slowly but surely being deriskedYup, ACB has a lot of shares outstanding. That is a cause for concern when evaluating a company and whether you are paying too much as an investor but it is not what will get ACB into trouble. It's whether they can generate enough cash flow to cover debt payments. That's the big issue. A lot of big companies have over a billion shares outstanding but they generate enough cash to cover any debt obligations they have. I haven't looked closely enough at ACB to determine that but obviously there are concerns with the company. 
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