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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

Post by Spectra7on May 15, 2020 1:52pm
137 Views
Post# 31034741

Can EVE stay cashed up ????

Can EVE stay cashed up ????
cash on hand ...8m...current burn rate 3m...forget about the 18m in current inventory, they haven't sold anything close to that in any Q. Here is my opinion. There will be zero sales to Germany while this pandemic is "hot"...governments have many concerns, buying pot from Canadian producers is way, way down their list of priorities. That being said, EVE currently has a minimal footprint in Canada, i e. negligible revenues. Moving forward how do you keep gas in the tank???...EVE has no other option than sell equity to the market. As a long, that is a major concern to EVE 's ability to survive. Export market was, is EVE's bailiwick. IF, I repeat IF EVE does not get their product into Germany on the next Q, I expect a NR regarding the need to raise more $$. Cheers all. Have a good long weekend.
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