TSXV:EVE.H - Post by User
Comment by
reallyBobbyZon Nov 13, 2020 1:57pm
96 Views
Post# 31896294
RE:RE:Eve & Co to process 5 tons of cannabis biomass with NextLeaf
RE:RE:Eve & Co to process 5 tons of cannabis biomass with NextLeafYes, this is the announcement they made about a week ago.
5 tons = 10,000 lbs = 4,540,000 grams of the old MJ which is sitting in their vault "unsold" is going to NextLeaf for conversion to distillate.
Eve andf NextLeaf will "share" in any profit made.
Good way to at least get something for old MJ EVE couldn't sell as it aged and lost potency.
That will mean 5 tons will need to be WRITTEN DOWN from the value EVE was carrying it in their inventory. OUCH!!!!
Cheers, Bob
Gquote=Greensavage]
5 tons. That's insane![/quote]