EVIO Inc. (EVIO) Taps into Canadian Cannabis Testing Market Ahead of Full Legalization

May 11, 2018

Global cannabis testing industry expected to reach $1.42 billion by 2021 Leading provider of cannabis testing and scientific research for the regulated cannabis industry operating in North America EVIO on track to double number of testing labs from nine to 18 in 2018, with 11 currently operating facilities Canadian subsidiary EVIO Canada finalizes 50 percent acquisition of Keystone Labs, Inc., a Health Canada-licensed medical cannabis testing facility

EVIO Inc. (OTCQB: EVIO) reached a significant milestone in its expansion plans in early May when its new subsidiary, EVIO Canada, announced its acquisition of a 50 percent stake in Keystone Labs, Inc., a licensed Canadian testing laboratory specializing in quality testing for regulated industries such as cannabis. In a May 3, 2018, news release announcing the deal (http://nnw.fm/Vr16H), William Waldrop, CEO and co-founder of EVIO, said Keystone Labs fits perfectly within the company’s expansion plans.

“As the country prepares for adult recreational sales in the coming months, the need for credible and comprehensive cannabis testing is greater than ever. Keystone Labs is one of 37 laboratories licensed by…”

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