Eve & Co Enters Into Supply Agreement With Newfoundland Labrador Liquor Corporation; Represents Third Provincial Supply Agree...
September 18 2018 - 6:00AM
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 an agreement effective as
of October 17, 2018 with the Newfoundland Labrador Liquor
Corporation (the “NLC”) for the distribution of various cannabis
products to the adult-use recreational market within Newfoundland
and Labrador. Sales under such agreement remain subject to receipt
of an authorization from the Province of Newfoundland and Labrador.
The NLC is a provincial Crown corporation
responsible for managing the sale and distribution of non-medicinal
cannabis in the Province of Newfoundland and Labrador.
Eve intends to commence sales of recreational
cannabis under its new “Eve” brand this October, a premier
recreational cannabis brand for women. “We are very excited to have
entered into our third agreement with a provincial distributor in
connection with supplying the Canadian adult-use market from coast
to 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, and producer of cannabis oil, 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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