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 > We are now 2 MONTHs into Q4. EVE..update US!

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Comment by reallyBobbyZon Dec 03, 2020 11:57am

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RE:RE:RE:RE:RE:We are now 2 MONTHs into Q4. EVE..update US!

Hi Saphos...than you for the thoughts.

The Q3 inventory writedown was $1,697,797.

The Q3 operating LOSS was $4,267,766.

Hence, the inventory writedown accounts for just under 40% of the LOSS,
not the 3/4 = 75% you mentioned.

Challenge/Homework.....try to account for the other 60% of the LOSS.

Cheers, Bob

Saphos90 wrote: Surprised at Q3 numbers...of course.
After DD.......3/4 of it was inventory write down.....like most other LLP's
As stated before... Gen/Admin Expenese $1.4 same as prev qtr.

$2/gm from another poster....acceptable.

Qty guess.....the 100Kg is too low to b a substantial.shipment.
1000Kg-5000Kg......1000Kg might be considered substantial
5000Kg....don't think thats it...def substantial (Wud be announced)
That leaves 2250Kg