Eve & Co Launches Cannabis-Infused Bath Bombs in Ontario
December 01 2020 - 7:00AM
Eve & Co Incorporated (“Eve & Co”, “we”, “us” or the
“Company”) (TSX-V: EVE; OTCQX: EEVVF) is pleased to announce that
its wholly-owned subsidiary, Natural MedCo Ltd. (“NMC”),
successfully shipped its first order of cannabis-infused bath bombs
to the Ontario Cannabis Store (“OCS”) this month.
Eve & Co has shipped two of its
cannabis-infused bath bomb products, The Boss and The Dreamer.
These products are the first of their kind to market as well as the
first product launch in the Company’s cannabis 2.0 line of
female-focussed products in Ontario.
The Eve & Co cannabis-infused bath bombs are
manufactured by a woman-led team within the Company’s 1,000,000
square foot greenhouse facility in Strathroy, Ontario. The products
are individually hand made with a full spectrum distillate
extracted from the Company’s sun-grown cannabis and are formulated
to include specific terpene and aromatic properties.
The Boss
The Boss bath bomb is infused
with natural lemon, grapefruit and sweet orange essential oils and
is meant to empower you to take on all challenges with exceptional
boldness.
The Dreamer
The Dreamer bath bomb is infused
with natural lavender and chamomile essential oils and is meant to
calm the soul and soothe the body at the end of a long day.
“We couldn’t be more excited to be launching our
cannabis-infused bath bomb products in our home province just in
time for the holiday season. Our bath bomb production team,
endearingly known as our “bombers”, have worked tirelessly to get
these wonderful products to market for Ontarians to enjoy,
especially as we are all spending more time than ever at home this
winter,” said Melinda Rombouts, President and Chief Executive
Officer of Eve & Co.
ABOUT EVE & COEve & 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 CSE and TSX Venture Exchange
nor its Regulation Services Provider (as that term is defined in
the policies of the CSE) accepts responsibility for the adequacy or
accuracy of this release.
This news release includes statements containing
certain "forward-looking information" within the meaning of
applicable securities law ("forward-looking statements").
Forward-looking statements are frequently characterized by words
such as "plan", "continue", "expect", "project", "intend",
"believe", "anticipate", "estimate", "may", "will", "potential",
"proposed" and other similar words, or statements that certain
events or conditions "may" or "will" occur, and include, but are
not limited to, the production and sale of bath bombs by the
Company, whether sales of bath bombs will occur, if any at all, or
recur and the timing thereof. Although the Company believes the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of
future performance and involve risks and uncertainties that are
difficult to control or predict. Therefore, actual outcomes and
results may differ materially from those expressed in these
forward-looking statements and readers should not place undue
reliance on such statements. Forward-looking statements are subject
to a variety of risks, uncertainties and other factors that
management believes to be relevant and reasonable in the
circumstances could cause actual events, results, level of
activity, performance, prospects, opportunities or achievements to
differ materially from those projected in the forward-looking
statements, including general business and economic conditions,
changes in laws and regulations, product demand, changes in prices
of required commodities, competition, the effects of and responses
to the COVID-19 pandemic and other risks, uncertainties and factors
set out under the heading "Risk Factors" in the Company's
management’s discussion and analysis dated November 26,
2020 (the "MD&A") and filed with Canadian securities
regulators available on the Company's issuer profile on SEDAR
at www.sedar.com. The Company cautions that the list of risks,
uncertainties and other factors described in the MD&A is not
exhaustive and other factors could also adversely affect its
results. Readers are urged to consider the risks, uncertainties and
assumptions carefully in evaluating the forward-looking statements
and are cautioned not to place undue reliance on such information.
These forward-looking statements speak only as of the date on which
they are made, and the Company undertakes no obligation to update
them publicly to reflect new information or the occurrence of
future events or circumstances unless otherwise required to do so
by 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
Eve & (TSXV:EVE)
Historical Stock Chart
From Jun 2024 to Jul 2024
Eve & (TSXV:EVE)
Historical Stock Chart
From Jul 2023 to Jul 2024