TSXV:EVE.H - Post by User
Post by
Goldy63on Feb 27, 2020 7:08am
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Post# 30739373
Some Info From EVE IR . EVE FB .Tks Robert
Some Info From EVE IR . EVE FB .Tks Robert Thanks for your email.
The following are some updates we are able to share at this time.
1. The Company is licensed for processing ‘extracts’ and derivative products as described in Schedule 4 of the Cannabis Act; however the Company is waiting for Health Canada to provide a licence amendment to allow for sales of such products. Once the licensing amendment is received, only then is the Company able to submit a notification for new products to Health Canada, which begins a 60 day to market notification process.
2. The process for exporting cannabis to Europe involves licensing from the EU and from Health Canada. The Company is working towards the licensing as a strategic goal and will make announcements as soon as it is available. At this time, specific details of incomplete tasks related to European licensing are not being released. The Company will ensure that the required licensing and permits are in place prior to shipping.
3. The new expansion has been licensed and is in the process of ramping-up. Selling inventory remains a continued priority to the right partners.
4. The addition of new provincial sales channels is ongoing and unique for each province. The Company is working on applications and will announce the successful addition of new provincial sales channels as soon as we are able to.
5. We are required to file the financials for the FYE 2019 by April 29, 2020 however a final release date has not been announced. We anticipate no issues in releasing the financials on or before the filing deadline.
6. The Company is aware of the share performance and the general industry performance over the past year and is focused on the ramp up of the expansion and activation of foreign sales channels.
Thanks,
Ever & Co Investor Relations