Eve & Co Signs MOU With British Columbia for Distribution of Cannabis to the Recreational Market
July 12 2018 - 6:30AM
Eve & Co Incorporated (the “
Company” or
“
EVE”) (TSXV:EVE) is pleased to announce that,
through its wholly-owned subsidiary Natural MedCo Ltd., it has
entered into a memorandum of understanding with the Government of
British Columbia for the distribution of cannabis to the adult-use
recreational market.
EVE intends to commence sales of recreational
cannabis under its new “EVE” brand this October, a premiere
recreational cannabis brand for women. Under this brand, consumers
will be able to choose from several different strains of varying
strengths to meet their desired effects.
“We are very excited to be partnering with the
Government of British Columbia in connection with supplying the
adult-use market. We feel our brand’s vision and ideals around
female empowerment, leadership, and wellness will resonate strongly
with people on the West Coast,” commented Melinda Rombouts,
President and CEO of EVE.
ABOUT EVE & CO
INCORPORATED
EVE, through its wholly owned subsidiary Natural
MedCo Ltd., is a licensed producer and seller of dried cannabis and
cannabis plants under the Access to Cannabis for Medical Purposes
Regulations (the ACMPR). Natural MedCo Ltd. is Canada’s first
female founded licensed producer, and received its cultivation
license from Health Canada in 2016 and its sales license from
Health Canada in June 2018.
EVE is led by a team of agricultural experts and
has a 220,000 sq. ft. scalable greenhouse production facility
located in Middlesex County, Ontario with 32 acres of adjacent land
for future expansion. EVE has broken ground on an additional
780,000 sq. ft. expansion, bringing EVE’s total anticipated
greenhouse capacity to 1,000,000 sq. ft.
The TSXV has neither approved nor
disapproved the contents of this news release. Neither the TSXV nor
its Regulation Service Provider (as that term is defined in the
policies of the TSXV) 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 Company’s
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. Therefore, actual results may differ materially from what
is expressed, implied or forecasted in such forward-looking
statements.
For further information, please
contact:
Melinda RomboutsPresident and Chief Executive
OfficerEve & Co IncorporatedTelephone: (855) 628-6337
Shobana ThayaInvestor RelationsTelephone: (416)
807-1009
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