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 > RBC..their waiver to EVE on DEBT Ratio expires April/21

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Comment by Jarredon Feb 20, 2021 10:08am

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RE:RBC..their waiver to EVE on DEBT Ratio expires April/21

There is no doubt that EVE has a lot of work to do to turn things around. I think everyone here would/should agree with that. Lack of cash flow (revenue exceeding expenses) is the biggest killer of start up companies and the time EVE has to turn things around is dwindling. I really don't know much time they have left, 3 months, 6 months, 1 year?? I guess it depends on how much patience their lenders have and whether their lenders see signs of a turnaround.

I do hope they make it but if they don't you will see a lot of joy from many posters on this board which is unfortunate.

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