Eve & Co Inc V.EVE.H

Healthcare Cannabis

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 > My point is there damn close and with all main expenses

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Comment by Jarredon Apr 13, 2020 3:52pm

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RE:My point is there damn close and with all main expenses

Ok Troy, thanks for clarifying. I see where you got your number from so i apologize for saying you picked it out of thin air, it was for the quarter prior to the one I was looking at it.

However the only reason they posted a profit (for accounting purposes) is because of a credit for 1,837,104 for "unrealized fair value gain on changes in biological assets". It simply means they upgraded the value of their investory to reflect market value at the time. It does not reflect sales or cash coming in so it is deceiving. It was not money coming in. The market value of that inventory would be lower now. Cheers

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