Eve PDF Flip Book FINN - Flipbook - Page 13
cannabis production details /financial news
++The Rombouts family is involved
++Eve’s CEO experience includes introin large scale greenhouse growing. They ducing the first Canadian producer of
manage a total of 50 acres under poly/
algae products to the nutraceutical marglass with current expansion projects un- ket. Awarded recipient, April 2018, Agri
derway to increase their greenhouse
space to 3M sf of greenhouse production. ++Development of Quality Assurance
++Eve’s grow team has experience in grow- Programs for nutraceutical and Cannabis
ing thousands of varieties of cannabis
production for the pat 10 years.
plants including vegetable, flowering and ++Health Canada approved Quality Assurclones and cannabis.
ance Person (QAP).
++Eve engages in the best cannabis green- ++Composed standard Operating Procehouse practices, including state-of-the- dures (SOPs)/ ensured Good Production
art greenhouse systems.
Practices (GPP)Facility compliance.
++Regulatory Affairs, application, submission/Health Canada communication.
++Compliant with the Cannabis Act.
++March 29, 2019
Conversion of Debtenture – removed
cash obligation of $4M
++March 19, 2019
$18.7M financial backing from
Canadian Chartered Bank
++April 18, 2019
Warrant Exercises – $5.8M Cash Inflow
++April 11, 2019
$10M Additional Financing
The recent finance activity strengthens Eve’s
balance sheet and provides sufficient funding
to complete the 780,000 sq ft expansion. It
also enable Eve to develop their female focused
consumer packaged goods program.