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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.


TSXV:EVE.H - Post by User

Eve & Co Inc > Speaking of Germany.......
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Comment by cannveston Apr 19, 2020 7:34am
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Post# 30926604

RE:RE:RE:Speaking of Germany.......

RE:RE:RE:Speaking of Germany.......

Inventory writedown was most likely due to the falling prices of cannabis. They have to put a fair value on inventory when its completed for accounting purposes. When prices fall the difference has to be written off. It doesnt mean the cannabis spoiled or is unable to be sold because they are inexperienced, its usually a result of the price fluctuations. 

mystique1 wrote: PB.......was the almost $5million dollar inventory right off due to weed spoiling waiting to be sold to Germany or was the weed spoiled by mold, mildew, etc from inexperienced growers and quality monitoring?

 

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