Eve & Co Incorporated announced that it has converted its existing short term $18,700,000 construction facility with a Canadian Schedule I Bank to a five year term facility. The interest rate of the facility as previously announced by the Company in March 2019 remains unchanged. The proceeds of the Construction Facility were used to fund the completion of a 780,000 square foot expansion of Eve & Co's greenhouse production facility in Strathroy, Ontario. Construction on the expansion was completed in August 2019 and the Company announced Health Canada's approval of the expansions as a grow area on December 16, 2019.