TSXV:EVE.H - Post by User
Comment by
reallyBobbyZon Aug 17, 2020 5:42pm
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Post# 31420012
RE:RE:RE:RE:Ramping up
RE:RE:RE:RE:Ramping upThanks Big....appreciate the quote. "Have been ramping up our cultivation capacity" is of course the addition of the 780,000 sq ft in Room 3. It may be quite some time before EVE uses the total capacity of Room 3. Rumour has EVE only using about 30% of Room 3 for flowering since they got permission to use it in Feb, 2020.
Not much sense in growing thousands of more kilos if you have about 6,600 kilos in your vault [estimate at June 30,2020] that is aging.
No buyer will want to buy "prime" MJ that is older than about 90 days. Bigoldstocktips wrote: Ms. Melinda Rombouts, President and CEO of Eve & Co., commented: "We are among a small number of Canadian cannabis licence holders able to export to Germany and the EU. We are committed to servicing the European market with cannabis for medical purposes and have been ramping up our cultivation capacity in our greenhouse. Our agreement with AMP is another milestone in being a cannabis supplier for the EU, and we are looking forward to a fruitful collaboration."