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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.


TSXV:EVE.H - Post by User

Eve & Co Inc > We are now 2 MONTHs into Q4. EVE..update US!
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Comment by reallyBobbyZon Dec 03, 2020 12:19pm
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Post# 32028919

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

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


Inventory writedown was           $1,691,797
Loss on Bio Assets was            $   925,053
                                                 ___________
                               Total           $ 2,616,850  = 61% of the Q3 loss.

Question/Challenge....

1. Explain the other 39% of the LOSS.

2. Explain why EVE lost $925,053 on biological assets in Q3.

Hint....think "productivity"....net weed grown in Q3.

Cheers,  Bob


 you 
Saphos90 wrote: Unrealized fair value (loss) gain on changes in biological assets............(925,053)
Inventory write-down.............................................................................(1,691,797)


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