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Eve & Co's Pre-Rolls now Available in Newfoundland & Labrador Licensed Cannabis Retails and Government's Cannabis Website

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Eve & Co, through its wholly-owned subsidiary Natural MedCo Ltd., holds cultivation and processing licenses under the Cannabis Act for the production and sale of various cannabis products, including dried cannabis, cannabis plants and cannabis oil.

Additional Information:

Company: Eve & Co Incorporated
Website: http://www.evecannabis.ca
Stock Symbol: TSXV: EVE
Date Published: Feb 11, 2019
Transcript: Available

Video Transcript:

I’m Nadika Vizzy for Investmentpitch Media

Eve & Co Incorporated’s product line of pre-rolls is now available for purchase in select Newfoundland licensed cannabis retailers.

They will also be available on the Cannabis NL website, which is operated by a division of the Newfoundland Labrador Liquor Corporation responsible for cannabis distribution across Newfoundland and Labrador.

Eve & Co, through its wholly-owned subsidiary Natural MedCo Ltd., holds cultivation and processing licenses under the Cannabis Act for the production and sale of various cannabis products, including dried cannabis, cannabis plants and cannabis oil.

Natural MedCo Ltd. was Canada’s first female founded licensed producer of medicinal marijuana and received its cultivation license from Health Canada in 2016.

Melinda Rombouts, CEO, stated: “We are pleased to release the first shipments of dried flower for provincial distribution. We decided to launch pre-rolls initially, as they are currently one of the highest demand products selling on the market. We expect to continue to increase EVE product availability for provincial retailers across Canada, while continuing to sell B2B and building on our European sales channels.”

The company has a licenced 220,000 sq. ft. scalable greenhouse production facility located in Middlesex County, Ontario with 32 acres of adjacent land for future expansion.

It has commenced construction of an additional 780,000 sq. ft. proposed expansion, bringing the company’s total anticipated greenhouse capacity to 1,000,000 sq. ft.

The company’s wholly-owned subsidiary Natural MedCo recently signed a binding non-exclusive supply agreement for the sale of dried cannabis to an established German importer and distributor of parapharmaceutical and medicinal products.

The German distributor has agreed to purchase a minimum of 2,250 kilograms of dried cannabis over the initial two year period and can increase the amount ordered on the acceptance by Eve & Co.

The parties expect the first shipments to commence in the first quarter of 2019.

Melinda Rombouts, added: “This agreement is an important milestone for us in our expansion into international markets. We are very pleased to be working with an established and reputable firm to access the German market where pricing continues to be at a substantial premium to local markets. We are excited to continue to develop opportunities for Natural MedCo and the EVE brand across multiple global markets."

The shares are trading at $0.29.

For more information please visit the company’s website www.evecannabis.ca, contact Melinda Rombouts,
President and CEO, 855-628-6337 or by email at invest@naturalmedco.ca.

I’m Nadika Vizzy for Investmentpitch Media