Eve Gets Health Canada Approval for Use of Existing Infrastructure

Eve & Co (TSXV:EVE) announced Health Canada authorized its subsidiary Natural MedCo to use a previously constructed flowering room as a grow area and a packaging room as an operations area.

As quoted in the press release:

With the addition of these approved areas, Eve & Co now has 220,000 [square feet] of licensed grow and operation areas. The Company expects harvesting to commence at its newly licensed second flowering room by late March 2019.

Natural MedCo Ltd. has also received authorization to commence sales of additional types of cannabis products, including fresh and dried cannabis, to provincially authorized retailers and distributors. Eve & Co is now authorized to sell a variety of cannabis products to provincially authorized retailers and distributors, including fresh and dried cannabis and cannabis plants, and to other licensed cultivators and processors on the B2B market, including fresh and dried cannabis, cannabis plants and cannabis oil.

“The addition of Flowering Room #2 will allow us to more than double our current production levels and to grow in our new, state of the art flowering room. Approval for Packaging Room #2 will allow us to start using our automated packaging line to efficiently and quickly fill orders in immediate packaging. The amendment to our sales license expands our market to not only other licensed producers but also to provincial distributors,” commented Melinda Rombouts, Eve & Co’s President and CEO.

Click here to read the full press release.

Source: globenewswire.com