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Bullboard - Stock Discussion Forum Eve & Co Inc V.EVE.H

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... see more

TSXV:EVE.H - Post Discussion

Eve & Co Inc > MISINFORMATION !!! Note 4 "Inventory" in Q3 2020 Financials
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Post by DerekVTXman on Nov 29, 2020 1:42pm

MISINFORMATION !!! Note 4 "Inventory" in Q3 2020 Financials

Eve has not sent 5000 Kg to Nextleaf (YET) so bashers are not posting the facts.  

"The initial term of the Agreement will end on the earlier of (a) 12 months, and (b) the date upon which 5,000 kilograms of cannabis biomass has been processed, and will automatically renew thereafter for successive one-year terms"

Eve has not sent 5000 Kg to Nextleaf so bashers are not posting the facts.  
Comment by reallyBobbyZ on Nov 29, 2020 3:09pm
Hi Derek, The announcement about NextLeaf was about 2 weeks ago. Perhaps your source knows if they shipped any of the 5,000 kgs as of today? If not, when will, shipments start? Also, there is question about the actual "weed" being sent. Is it "old bud" that has aged and is not suitable for retail? Cheers,   Bob
Comment by DerekVTXman on Nov 29, 2020 3:35pm
I would speculate that this 5,000 kg would be trimmings only.  When they are up to full production there would be much more than 5,000 KG annually of trimmings.
Comment by reallyBobbyZ on Nov 29, 2020 3:50pm
Hi Derek, My source says EVE has a HUGE amount of old, aging weed in its vaults not fit for retail. I would speculate that it is going to NextLeaf. The BIGGEST problem here is we are both SPECULATING on its source. If EVE had a FANTASTIC new REVENUE source that used trimmings, WHY didn't they disclose that? My HEAVENS...that would be excellent! Cheers,  Bob
Comment by mystique1 on Nov 29, 2020 3:57pm
B...I would be afraid of infestation spreading within the shipment of the product h to Germany eaded. One wayward missed aphid? Ugh.
Comment by LionWhisperer on Nov 29, 2020 4:06pm
This post has been removed in accordance with Community Policy
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