STRATHROY, Ontario, Dec. 01, 2020 (GLOBE NEWSWIRE) — 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 & 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 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 Compan
y
believe
s
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 Compan
y
undertake
s
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 Rombouts
President and Chief Executive Officer Eve & Co Incorporated
Telephone: (855) 628-6337
Rory Taylor
Interim Chief Financial Officer Eve & Co Incorporated Telephone: (855) 628-6337
