Eve & Co Inc V.EVE.H

Consumer Defensive Household & Personal Products

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 > EVE better be growing..when the huge orders from Germany

<< Previous

Bullboard Posts

Next >>

Comment by colonelklink1on Jun 04, 2020 9:22am

115 Views

Post# 31110660

RE:EVE better be growing..when the huge orders from Germany

Well thats the tricky part my friend. You are assuming Germany will purchase everything Eve grows. Have you read the terms of the actual supply agreement? Of course you haven't. Have purchase orders been cut yet? Of course they haven't. Then its just a hanshake agreement to this point. With that said, I am sure EVE is putting a $6/gram price on everything they grow and thats sitting in the vault. Keep in mind they just had an excercise of writing down over $5 million in inventory. Maybe ask the CEO what happen there. Also, this greenhouse expansion was built on justification of $6/gram. If/when that $$$ price changes, the whole business case for the greenhouse expansion changes.

I hate to tell you this, what ever Eve does not sell to Germany will be valued less then $2.5/gram and even less if the Provinces do not take the excess.

GLTA.