Eve & Co Announces First Commercial Shipment of EU GMP Cannabis to German Partner
November 10 2020 - 8:17AM
Eve & Co Incorporated (“Eve & Co”, “we”, “us” or the
“Company”) (TSX-V: EVE; OTCQX: EEVVF) ) is pleased to announce that
Natural MedCo Ltd. (“NMC”), its wholly-owned subsidiary, has
successfully completed its first significant commercial shipment of
European Union Good Manufacturing Practices (“EU GMP”) certified
cannabis to Bavaria Weed GmbH, one of its European cannabis
distribution partners. This commercial shipment follows its initial
required scientific purposes shipment to Germany which was
completed during the summer months.
The Company has executed five supply agreements
with its European partners and is ideally positioned to fulfil its
European supply agreements from its purpose-built EU GMP licensed
facility. We expect to continue shipping bulk cannabis to Germany
as regulatory permits are regularly issued in Canada and
Germany.
“In addition to our strategic priority of
female-focussed cannabis 2.0 products, with the launch of our bath
bombs, we have built our facility and partnerships to deliver EU
GMP certified cannabis to the international market, a key component
of our core business plan,” says Melinda Rombouts, CEO and
President of Eve & Co., “We are very proud of our team for
having reached this important milestone and look forward to our
additional shipments and fulfilling our multiple foreign supply
contracts”.
ABOUT EVE & CO
Eve & Co, through its wholly-owned
subsidiary NMC, holds cultivation and processing licences under the
Cannabis Act (Canada) for the production and sale of various
cannabis products, including dried cannabis, cannabis plants and
extraction of cannabis oil and has received its European Union
certificate of Good Manufacturing Practice. NMC was Canada’s first
female-founded licensed producer of medicinal marijuana and
received its cultivation licence from Health Canada in 2016. Eve
& Co is led by a team of agricultural experts and has a
licensed 1,000,000 square foot greenhouse located in Strathroy,
Ontario.
The Company’s website can be visited at
www.evecannabis.ca.
Neither the TSX Venture Exchange nor its
regulation services provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Certain statements in this press release
constitute forward-looking information. All statements other than
statements of historical fact contained in this press release,
including, without limitation, those regarding the ability to
cultivate and sell cannabis, meet EU GMP standards, receive
regulatory permits, anticipate and meet consumer preferences,
effectively compete, opportunities for growth, future, strategy,
plans, objectives, goals and targets, and any statements preceded
by, followed by or that include the words “believe”, “expect”,
“aim”, “intend”, “plan”, “continue”, “will”, “may”, “would”,
“anticipate”, “estimate”, “forecast”, “predict”, “project”, “seek”,
“should” or similar expressions or the negative thereof, are
forward-looking statements. These statements are not historical
facts but instead represent only the Company’s expectations,
estimates and projections regarding future events. These statements
are not guarantees of future performance and involve assumptions,
risks and uncertainties that are difficult to predict, including
those described in the Company’s management’s discussion and
analysis for the three months ended June 30, 2020 which is
available on the Company’s SEDAR profile. Therefore, actual results
may differ materially from what is expressed, implied or forecasted
in such forward-looking statements. The forward-looking information
and forward-looking statements included in this news release are
made as of the date of this news release. The Company does not
undertake an obligation to publicly update such forward- looking
information or forward-looking information to reflect new
information, subsequent events or otherwise unless required by
applicable securities law.
For further information, please
contact:
Melinda RomboutsPresident and Chief Executive
Officer Eve & Co IncorporatedTelephone: (855) 628-6337
Rory TaylorInterim Chief Financial Officer Eve
& Co Incorporated Telephone: (855) 628-6337
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