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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 Vince7ileson May 08, 2020 11:47am
116 Views
Post# 31003430

RE:RE:Question

RE:RE:Question
Rpizzle wrote:

TORONTO, May 29, 2019 (GLOBE NEWSWIRE) -- Eve & Co Incorporated (the “Company” or “Eve & Co”) (TSXV: EVE; OTCQB: EEVVF) is pleased to announce that its wholly-owned subsidiary Natural MedCo Ltd. has entered into a second binding non-exclusive supply agreement for the sale of dried cannabis to a German importer and distributor.

The supply agreement is for an initial term of three years and is automatically renewable for two subsequent two-year terms unless otherwise terminated by the parties at the end of the initial or renewal term.  The German distributor has agreed to purchase 500 kilograms of dried cannabis per month for the first two months and a minimum of 1,000 kilograms and a maximum of 5,000 kilograms per month for the next 22 months. The Company expects to commence shipments subsequent to the anticipated Q2 2019 completion of its 780,000 square foot greenhouse expansion, and the anticipated subsequent approval thereof by Health Canada.

“This is a very significant supply agreement for Eve & Co. as it provides another inroad to the German market.  The timing fits well with our anticipated expansion facilities coming online and the related ramp up of production," said Melinda Rombouts, President and Chief Executive Officer of Eve & Co.

The purchase and sale of dried cannabis under the supply agreement are subject to various conditions precedent, including receipt of all requisite regulatory approvals, including applicable Canadian and Germany export and import authorizations.

Eve & Co is also pleased to announce that the German importer and distributor with respect to Eve & Co’s initial German supply agreement, as announced on January 30, 2019, has now received the necessary import permit from the German government. Eve & Co is now in the process of seeking the necessary export permit from Health Canada and anticipates that is will commence shipping product pursuant to this supply agreement by Q3 2019.



From the last paragraph, Eve has been waiting on HC for the export permit for a year now...
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