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.

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Eve & Co Inc > Left in the dark

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Comment by GhostOfGoldyon Nov 01, 2020 12:15pm

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Post# 31820172

RE:Left in the dark

As to the revenue streams yes, they are ongoing shipments to those providences as you can see stock on OCS being depleted then restocked. Eve also is selling thru Cannalogue on their medical cannabis website.

Phileagles11 wrote:

Sept 6, 2019
Eve & Co. announces supply agreements with a German importer/distributor. The German distributor agrees to purchase a minimum of 25kgs/month for the first two months and a minimum of 100kgs/month for the next 22 months. Eve & Co. expected to start shipments upon approval from Health Canada on the company's 780,000 sq/ft greenhouse expansion, which was received on Dec 16, 2019.

Eve & Co. then receives EU GMP certification on Mar 6, 2020, which was apparently the final hurdle to start fulfilling their German supply agreement.

Here we are almost 8 months later and not one ounce has been shipped to Germany. 61 days until the end of the calendar year.

I've been watching this company since the beginning because the female branding kind of intrigued me and was lucky to make money in the early years to offset any loses that I might have to-date but I am so confused with this company.

What exactly are the current revenue streams for this company? I know that they had shipments to a few provinces (Ontario, Manitoba, Saskatchewan and Newfoundland) but are these ongoing shipments?

Update: Was finally able to get out to the grocery store yesterday around 6:00pm to get what I needed for the week. No retired people, no seniors and no line ups.