NetworkNewsBreaks – EVIO, Inc. (EVIO) Posts Fiscal Q2 2018 Financial Results

EVIO, Inc. (OTCQB: EVIO), a leading provider of cannabis testing and scientific research for the regulated cannabis industry, this morning announced financial and operating results for the quarter and six months ended March 31, 2018. Among other highlights, the company reported revenue for the second quarter of $732,311, a decrease of $56,415 or 12.1% from the second quarter last year. Revenue from the six months ending March 31, 2018, however, was $1,679,176, an increase of $177,997 or 11.9% from the same period in 2017. “EVIO’s second quarter focused greatly on broadening the company’s portfolio. With our recent private placement of $5.973 million, we expanded the company’s footprint by acquiring additional labs, namely in California, a market that we have identified as having unparalleled potential,” EVIO CEO William Waldrop stated in the news release. “We expect the state of California to enforce mandated compliance testing by July 1, 2018. With operational facilities in both Humboldt and Berkeley and the goal of further expansion into the state, we feel like EVIO is well-positioned to meet California’s demand for cannabis testing. Another significant milestone was our entrance into the Canadian market and launched EVIO Canada with the acquisition of Keystone Labs ahead of the country’s legalization of adult recreational use this summer.”

To view the full press release, visit http://nnw.fm/7usF1

About EVIO, Inc.

EVIO Inc. is a leading provider of cannabis testing and scientific research for the regulated cannabis industry. The company’s EVIO Labs division operates coast-to-coast providing state-mandated ancillary services to ensure the safety and quality of the nation’s cannabis supply. EVIO is on track to have 18 of its state-of-the-art testing facilities by year-end 2018. For more information, visit www.EvioLabs.com

More from NetworkNewsBreaks

NetworkNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) Subsidiary Enters Manufacturing and Supply Agreement in California NetworkNewsBreaks – Marijuana Company of America, Inc. (MCOA) JV Completes Setup of 10,000 sq. ft. Greenhouse Space NetworkNewsBreaks – FANDOM SPORTS Media Corp. (CSE: FDM) (OTC: FDMSF) (FRA: TQ42) Announces Digital User Acquisition Initiatives

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Latest News

New Thai party leaders report to police over online charge

Sep 22, 2018

BANGKOK — Leaders of a new Thai political party that strongly opposes military rule appeared before police Monday to hear charges over a Facebook video broadcast that authorities allege violated the law. Future Forward party leader Thanathorn Juangroongruangkit said he and the two other party members asked to submit written statements to police in 45 days and refused to provide statements because it was the first time they had seen details of the charge. Acting on a complaint filed by the ruling junta, police in August charged the three with violating a section of the law that makes it a...

Vietnam's capital urges residents to stop eating dog meat

Sep 22, 2018

HANOI, Vietnam — Authorities in Vietnam's capital are urging residents to stop eating dog meat because it hurts the city's image and improper raising and slaughtering of the animals could spread rabies. For many Vietnamese, dog meat is a delicacy that is thought to increase stamina. Hanoi Vice Mayor Nguyen Van Suu said in a message published Tuesday on the city's website that slaughtering and consuming dog and cat meat are disturbing to foreigners and "negatively impact the image of a civilized and modern capital." Suu instructed local governments to raise awareness of the risk of rabies when raising dog...

Wildlife group: Exotic pets trade activity rises on Facebook

Sep 22, 2018

BANGKOK — A wildlife monitoring group says research it has conducted since 2016 has found a sharp increase in the number of people belonging to Facebook groups in Thailand where endangered animals are bought and sold. The monitoring network TRAFFIC said its researchers found 1,521 animals for sale online in 12 Facebook groups in Thailand in less than a month of monitoring in 2016. Follow-up research on the same 12 groups showed that at least nine were still active in July this year, with one becoming secret, and their overall membership had increased to 203,445 from 106,111. Maethinee Phassaraudomsak, data...

Thai cave boys feted by prime minister in trip to capital

Sep 22, 2018

BANGKOK — It was show time Thursday for the 12 boys and their 25-year-old soccer coach who were trapped for almost three weeks in a flooded cave in northern Thailand as they spoke at a public exhibition in one of Bangkok's largest malls. That was just the start of the day for the small-town kids in the big-city capital. Later they were guests of honor at a gala outdoor reception hosted by Prime Minister Prayuth Chan-ocha and his wife that honored those involved in the dangerous and dramatic rescue of the members of the Wild Boars soccer team. The exhibition,...

Bach: No Olympic future for esports until 'violence' removed

Sep 22, 2018

JAKARTA, Indonesia — International Olympic Committee President Thomas Bach isn't certain if, or when, esports might be incorporated into the Olympic Games. But he was clear in an interview with The Associated Press at the Asian Games on Saturday about the need to meet some conditions before being considered. "We cannot have in the Olympic program a game which is promoting violence or discrimination," he told the AP. "So-called killer games. They, from our point of view, are contradictory to the Olympic values and cannot therefore be accepted." Esports is being held for the first time at the Asian Games...

Search

Sign up now!

About Us

Suara KL brings amazing Travel news for tourist to witness Beautiful Malaysia and hear the wonderful sounds of this country.

Contact us: sales[at]suarakl.com