Eve & Co Inc V.EVE.H

RE:RE:RE:RE:Another German agreement solidified...

[Goldy63]

RoguesGallery wrote: This news is totally meaningless until such time as product moves and money is in the bank. The market would seem to agree given the Colio Wines news of a few days ago and the fact that there is no volume and hardly any price movement on this news.
What matters are the actual numbers in their financials that show what exactly they are getting in price and what that breaks down to in the form of actual profit here and not just mere revenue to cover overhead.
The German market is not some canary in the coal mine for this company. Its a restrictive highly regulated environment and the acceptance of cannabis within the medical profession is far from widespread.  While they may ship a few hundred pounds of weed there initially the idea they are going to be shipping over 200 pounds a month regularly is far from certain.  

BobbIeheadbob wrote: And that's highly unlikely if you consider EVEs  past history. Visionist did say from the very first agreement that there would no shipments.  He was ahead of his time.  A very smart man ! ........

LionWhisperer wrote:
Until they start shipping and getting moneyt in return agreements meaningless ....If only visionist was here.

 

Well gotta agree with you on the point that the German market is highly restrictive and yes the acceptance of cannabis within the medical profeesion is far from wide spread but its coming around and you just have to goggle to see that . As for the rest of your drivel yawn . Oh !!!! Rg . Thats why EVE is one of very few companys with THIS in its pocket .Grin . JMO. 

Eve & Co Receives EU GMP Certification

March 6, 2020

First Canadian Female-Led EU GMP Cannabis Facility

STRATHROY, Ontario, March 06, 2020 (GLOBE NEWSWIRE) -- Eve & Co Incorporated (“Eve & Co” or the “Company”) (TSX-V: EVE; OTCQX: EEVVF) is pleased to announce that its wholly-owned subsidiary, Natural MedCo Ltd. (“Natural MedCo”), has received its European Union ‘Certificate of GMP Compliance of a Manufacturer’ from the Government of Upper Bavaria (Regierung von Oberbayern), Germany.

EU GMP certification is one of the key and final regulatory steps for Natural MedCo to start fulfilling its previously announced supply agreements. The granting of this certificate recognizes the robust efforts the Company has undertaken to ensure its manufacturing standards, production practices and products are of a consistent high quality and that its employees have the experience to satisfy the EU GMP requirements. To the knowledge of the Company, Natural MedCo is one of only a handful of Canadian companies that has received EU GMP certification for cannabis.

Melinda Rombouts, President and CEO commented: “I am very pleased that Natural MedCo has been able to achieve EU-GMP certification, and I attribute this accomplishment to the hard work of our team and their dedication to ensuring our facility complies with the most stringent standards. This certification enables us to continue in our global growth strategy and fulfill contracts in the EU market. With our 1 million square foot licensed greenhouse, we hope to set ourselves apart as not only one of the largest cannabis facilities in the world, but also by having the ability to distribute our products in a much larger global marketplace.”

ABOUT EVE & CO INCORPORATED

Eve & Co, through its wholly-owned subsidiary Natural MedCo Ltd., holds cultivation and processing licences under the Cannabis Act(Canada) for the production and sale of various cannabis products, including dried cannabis, cannabis plants and extraction of cannabis oil and has received EU GMP certification. Natural MedCo Ltd. was Canada’s first female-founded licensed producer of medicinal marijuana and received its cultivation licence from Health Canada in 2016. Eve & Co is led by a team of agricultural experts and has a licensed 1,000,000 square foot greenhouse located in Strathroy, Ontario.

The Company’s website can be visited at www.evecannabis.ca.