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Eve continues to roll out 2020 with licenses and agreements. Several have been made this year including:
https://www.evecannabis.ca/eve-co-announces-licensing-agreement-with-colio-estate-wines/
https://www.evecannabis.ca/pharmadrug-inc-signs-cannabis-supply-agreement-with-eve-co/
https://www.evecannabis.ca/eve-co-receives-licence-amendment-to-sell-cannabis-extracts-edibles-and-topicals/
https://www.evecannabis.ca/eve-co-announces-health-canada-approval-of-additional-processing-area/
https://www.evecannabis.ca/eve-co-commences-canadian-medical-sales-through-cannalogue/
https://www.evecannabis.ca/eve-co-receives-eu-gmp-certification/
https://www.evecannabis.ca/eve-co-announces-exclusive-loi-with-dr-kerklaan-therapeutics/
Hope with the upcoming revenues we start getting noticed and attract some big investors. GLTA!
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),” said Melinda Rombouts, President and CEO of Eve & Co.
Eve & Co Incorporated (“Eve & Co” or the “Company”) (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 (“Processing Area 2“) 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.
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 (“NMC”) 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 “EUGMP Certificate”). 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.
Thanks for sharing good DD as always Chess!
Hope EVE continues to send more meaningful PR's on positive revenues and achieved objectives. Looking forward to this company truly turning into the "green" this year! a momentous event in an MJ company. GLTY and all. Stay safe during these times.
EVE is predicted to breakeven approximately a couple of months from now and turning a profit in 2020. Not many companies out there can say that!
https://finance.yahoo.com/news/eve-co-incorporateds-cve-eve-120522504.html
Our partner - Dr. Kerklaan Therapeutics hemp-based CBD products have been featured in Vogue, The Oprah Magazine, Forbes, Allure, Goop, Esquire and Rolling Stone magazines as well as other publications as a leading CBD skincare product.
EEVVF Under the radar but progressing well IMO! GLTA!
Excalibur, Last I have heard from the company:
https://www.evecannabis.ca/eve-co-converts-existing-18-7-million-construction-facility-to-term-facility/
GLTY!
Things are continuing as planned. Roll out has happened and expansion will continue!
Here with you MX just good not a lot of pumping or false chatter. Been here awhile. Seems like you can sense good news for all. Approval for 780,000SQ' expansion granted just as you got back in. Good thing coming IMO, for those who wait.
https://www.evecannabis.ca/eve-co-announces-health-canada-approval-of-780000-square-foot-flowering-room/
GLTA!
IMO most of if not all of these MJ companies will go through some growing pains. Some more than others like EMHTF, TRTC, EVIO, MMNFF, CHOOF, and etc...
We are in on the ground floor with EEVVF and hopefully will not suffer some of the same fates as these other MJ companies, but I would not be surprised along the way if there were not a couple of them. In the end though I believe Eve & Co will be a top name brand!
By the way I also have a good stake in HEXO, the others I have stayed away from. I did have some ACB early and sold for a good profit but want nothing to do with CGC or TLRY. Just my investment strategy.
I have to agree Melinda is totally going about this very methodically and being very conservative with all items released and has stated just that in several interviews. Shareholder transparency without the typical OTC B/S. I don't have quite the number of shares as you do Att but I believe with as much as I can afford to lose here. As you said they may be a bit behind the "top" Canada MJ names to this point but make no mistake when they are fully operational the EEVVF team will become a "top" Canada name brand and we will be there!
GLTA!
Well I am sure you have seen this new interview with our CEO Melinda that covers all of the new updates EEVVF has going on:
https://www.facebook.com/FTMInvest/videos/396634997871916/
The interview covers the following:
Melinda Rombouts CEO of Eve & Co talks about their 1M sqft facility completion, Germany update, and answers your investor questions!"
-How much of their 50,000kg will go towards exports?
-Will they have a product line ready for legalization 2.0?
-When will their facility be fully licensed?
-And many more of YOUR investor questions answered!
I am right with you that this company is legit and is transparent with investors like real companies should be!
Crazy amount Att. That's a serious investment in EEVVF! My guess if you hold long enough you will be very happy & well off! GLTY
Exactly. Expansion complete! Waiting patiently for the ribbon cutting ceremony and anticipated Health Canada Licensing coming mid September! Big things to come to those in the know! GLTA!
Eve & Co Announces Completion of its 780,000 Square Foot Expansion; Becomes Operator of One of the World’s Largest Cannabis Production Facilities
Complete story here:
https://finance.yahoo.com/news/eve-co-announces-completion-780-124557941.html
Eve & Co Incorporated is pleased to announce Health Canada’s approval of two additional drying rooms.
Not to mention they also updated the 780,000 Sq. Ft. expansion is scheduled to be completed by the end of this month!
Many things going on here behind the scenes quietly.
Story here:
https://www.evecannabis.ca/eve-co-announces-health-canada-approval-of-additional-drying-rooms/
Maybe word is getting out. This was a "top story" on the Yahoo page just now featuring SRUTF!
https://finance.yahoo.com/news/canadian-cannabis-company-teases-joint-venture-major-beverage-brand-124640911.html
GLTA!
Chief Science Officer, Dr. Arup Sen of Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) at Podcaster Row, MJBizCon, Talks about Unique Water-Soluble Technology and the Ability to Create Designer Cannabis Beverages
https://finance.yahoo.com/news/chief-science-officer-dr-arup-130000046.html
Here with you! No doubt a long term hold... Will be accumulating during this lull! This will be a nice investment! IMO! GLTA!
You have a link Jelly?? THX!
Copy paste at it's best!! Here you go... Sorry long! GLTY.
ADVANTIS Corp (OTCMKTS:ADVT) has been reaping the rewards of the new cannabis law in California. It has received a record level of orders and is entering into new partnerships to support its operations structure. In this piece, we give you the highlights of Advantis’ recent moves and what to expect going forward.
Take a look at the stock’s price action:
ADVT Daily Chart
Company Profile
Advantis Corporation (ADVT) is a firm which engages in on helping people take control of their health and pain management needs. Through the creation of strategic collaborations with similar innovative companies in the alternative health care and nutraceutical industries, the company is well positioned to deliver the guidance and support required to provide products and services that address the needs of these persons. Besides this, the acquisition of ownership stakes in some developing companies has allowed Advantis to deliver consultation to expand distribution channels, improve product lines and heighten brand value. With the pain management and healthcare sectors forecasting staggering growth, Advantis identifies and partners with companies who have the potential to take advantage of the trend.
Recent Developments
In January 2017, Advantis reported that it had received its highest number of Amster-Can requests as a direct consequence of the legal cannabis law going into effect this month in California. The packaging laws that the recreational cannabis industry must follow requires child-proof lids along with specific package and labeling requirements. Advantis has tailored the Amster-Can product to stick to all legal expectations; this has led to significant increase in orders received from the recreational use market.
Chief Executive Officer, Darren Cherry went on to add that in California which has one of the largest economies in the world the cannabis market has been predicted to earn revenues of over $6 billion a year. Cherry explained that management has tried to put the firm in a better position while working to improve the brand over the past year. As the preeminent supplier of packaging solutions in the state, and in places such as Oregon and Nevada, management has plans to step up its marketing efforts and expansion plans going forward.
The packaging and labeling laws contained within the California law provide Advantis with a significant market and brand advantage. Recreational purveyors are moving to supply pre-packaged products, as opposed to the standard non-child proof medicine containers that medicinal users have been used to. Amster-Can adheres to state labeling laws while allowing for branding and marketing opportunities; it also provides the child-proof lids.
In the same month, Advantis wrapped up its agreement with Las Vegas’ Player’s Network, a differentiated holding company which operates in marijuana and media, a majority owner of Greenleaf Farms, a fully licensed cultivator and producer of marijuana within Nevada. The full details of the agreement include Advantis packaging solutions, other Amster-Can products, and media-related benefits where synergies exist through WeedTV, a cannabis social platform and video network owned by Players Network that will help assist in the marketing of marijuana canning.
The Advantis advantage is a patented cannabis canning technology, which allows the select flower to be sealed within a can. The cans are then injected with nitrogen that replaces the air and seals in the product’s freshness for years.
Greenleaf Farms anticipates that it will quickly ramp up to full canning production with its first crop in the spring of 2018. The 27,000-square foot Greenleaf cultivation and production facility is in North Las Vegas and can expand to over 50,000 square feet.
Chief Executive of Advantis, Darren Cherry explained that with its packaging being noticed all over the state that requires pre-packaged cannabis, Amster-Can would have the chance to gain some exposure to recreational users from anywhere on the globe; either by going into dispensaries or by observation of the product on WeedTV. He added that he anticipates over 25% revenue increase from this agreement.
Financial Performance
Close observation of the firm’s statement of comprehensive income reveals that revenues grew by 27% year on year, rising from $36,000 to $46,000 in 2016. However, the firm recorded a net loss a reversal from the previous year’s profit, due to increased selling, general and administrative expenses along with other costs.
The firm is highly leveraged as a significant portion of its liabilities consists of term debts which are likely to accrue interests. Its low liquidity of 0.11 means the company is expected to raise new cash soon, except it can increase its revenues within the required time.
Conclusion
Considering the cannabis industry landscape, ADVT has the potential to keep growing to record levels.
We will be updating our subscribers as soon as we know more. For the latest updates on ADVT, sign up below!
Disclosure: We have no position in ADVT and have not been compensated for this article.
Image courtesy of Thomas Hawk via Flickr
Related Items:ADVANTIS Corp, ADVANTIS Corp (OTCMKTS:ADVT), Cannabis, cannabis stocks, Featured, OTCMKTS:ADVT, Players Network
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I apologize. That didn't happen for me. I was on their site. You can always go to insiderfinancial.com and the story is on their front page.
Advantis is in the right place at the right time! Read article attached!
https://insiderfinancial.com/advantis-corp-otcmktsadvt-in-the-right-place-at-the-right-time/175230/
Good read!
ADVT!
Canada politicians want to "kick the can down the road" with legalization. Caused some panic selling all around the market... Reference here:
https://www.theglobeandmail.com/globe-investor/investment-ideas/marijuana-panic-selling-spurs-canadian-pot-stocks-meltdown/article37831070/
Really no worries here folks... The pullback is due to Canada potentially "kicking the can down the road" on making MJ legal as politicians balk on the July 1 date. Nothing is official yet, so hang on to your shares!
ADVT is still in FULL Growth mode!
GLTA in your ventures!
This maybe the dip to be looking for to add more shares or start a stack here! IMO of course... A potential hiccup in Canada has potentially allowed investors a new chance at any missed stocks on their wish list!
GLTA!
Agreed... ACNNF has NO effect from Canada sell off except recent PPS! All this does is allow smart investors to load up that missed the initial climb or ones that want to load more at these levels!
I'm freeing up funds for this next week.
This stock in time will be a world wide front runner!
GLTA!
Thanks guys! Looking forward to a fun ride!!! Hope we get some good updates soon on their Chile venture! This could add substantial revenues mid 2018!
Good company overview & outlook attached: From Jan 11 2018
https://insiderfinancial.com/auscann-group-hldg-otcmktsacnnf-another-play-on-canopy-growth-corp-otcmktstwmjf/174837/
My DD the last few days has led me to buy in! Grabbed up a nice starter. Glad to be on board.
GLTA! ACNNF 2018
I have to agree! I think when more word gets out on upcoming ventures and revenues we will fly! IMO of course...
NWGFF 2018!
Picked up a nice starter stack... Will look to buy any dips between now and Q1 release.
I am a long and will also be holding for dollars!
GLTY!
Thanks Jelly! Had been on the site just prior to asking for info. Glad only approx. 130M. Was more curious on the float. Was not on the site. Checked other trustworthy sites to no avail either.
Doing some DD here... Looks to be promising! Anyone have current share structure??
Thanks in advance! Bandit
Big things developing here! Picked up a nice stack today! Think this has good potential!! MYMMF
Been watching here for about a month, some sideways action for most part.
I have noticed the 3 "kings" keeping conversation alive here! What new DD do the kings have here for potential new investors??
Personally I have been on the fence and just looking in. I have invested in a couple other growth ventures in Canada and not faired so well to this point.
Thanks,
STDYTRDR
This is what stockholders like to see...
Solid acquisitions with positive revenues and stock volume come before PPS rise! People here are accumulating and if hold will make the PPS go north. Good things coming to those who have patience!
MMEG Longs...
MM's seem to be all over this since the big "wave" last week... Not sure where this will go before the final vote/ determination. But if nothing else this stock has value either the warrants or selling prior to... IMHO
You Know we are building something big here Zap!
Everyone should be getting on the CaliPharm Wave!!! 2018 will surely be "green" year for all who are riding the Cali waves!