Silver Bandit
4 years ago
Eve continues to execute! "With this approval, we intend to ramp-up production over the next two quarters which will give us the ability to become a significant supplier to the Canadian and global cannabis markets(1),โ said Melinda Rombouts, President and CEO of Eve & Co.
Eve & Co Incorporated (โEve & Coโ or the โCompanyโ) (TSX-V: EVE; OTCQX: EEVVF) is pleased to announce that Health Canada has approved an amendment to the licence of its wholly-owned subsidiary, Natural MedCo Ltd., permitting the use of a 7,300 square foot area (โProcessing Area 2โ) as eleven additional processing rooms. Processing Area 2 enables the Company to continue its production ramp-up to supply cannabis markets in Canada and abroad under its European Union Certificate of Good Manufacturing Practice from the Government of Upper Bavaria, Germany.
Silver Bandit
4 years ago
Some Highlights from the financials:
For the year ended December 31, 2019, the Company generated revenue of $3,706,722, a 668% increase over the fourteen months ended December 31, 2018 of $482,663 due to the commencement of cannabis sales in December 2018.
On December 16, 2019, Health Canada amended the cannabis cultivation and processing license of its wholly-owned subsidiary Natural MedCo Ltd (โNMCโ) to permit the use of a third flowering room as a grow area comprising of 780,000 sq. ft.
From January to September 2019, the Company entered into three binding non-exclusive supply agreements for the sale of dried cannabis to German importers and distributors.
A couple of additional newer highlights:
On March 6, 2020, the Company announced that it received notification that NMC had been issued its European Union Certificate of Good Manufacturing Practice from the Government of Upper Bavaria, Germany (the โEUGMP Certificateโ). As a result, the Company anticipates that it will commence shipping product to Germany pursuant to the supply agreements in 2020, subject to receipt of requisite permits and licensing.
On April 2, 2020, the Company announced that NMC had made its initial sales to Canadian medical cannabis patients through its agreement with Cannalogue entered into on March 9, 2020.
Att_for_life
5 years ago
Much appreciated...
When I first noticed the weirdness, I called it out objectively and people immediately got caustic and personal...so, fuck em.
If u treat me cool, I'm cool. That's a reason I stayed cool with greenwillow-one of few people on ihub that talks objectively and never attacks.
Every single one of his calls turned out wrong, which I'm surprised about, but that's not his fault.