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 > EVE...stop growing for a YEAR AT LEAST!...$10 mill inventory

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Comment by BobbIeheadbobon Aug 18, 2021 9:59pm

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Post# 33728421

RE:RE:EVE...stop growing for a YEAR AT LEAST!...$10 mill inventory

https://www.prnewswire.co.uk/news-releases/colombia-challenges-canadian-cannabis-dominance-807903695.html

BobbIeheadbob wrote: No Canadian LP will be able to compete with Columbian LPs for cost. Perfect weather conditions and massive new growing facilities that will soon be exporting everywhere https://www.cannabisbusinesstimes.com/article/colombia-medical-cannabis-exports-rising/....

reallyBobbyZ wrote: EVE...lower expenses by not growing for at least a year. You've got over $10,000,000 in inventory and only sold $1,129,586 (net of excise tax) in 3 months/Q2.

A good chunk of that $10,000,000 inventory won't sell as prime bud because it will be older than 90 days....HELL, it will be over a year before you sell 1/2 of it at this rate. SO...big inventory WriteDown coming in 3 months or 6 months or....???