- Cannabis testing comprises about five percent of the multibillion-dollar cannabis industry
- Company currently operates nine testing labs in five U.S. states
- Plans in view to double number of operating labs by year-end 2018 and potentially expand into Canada
Leading cannabis testing services provider EVIO, Inc. (OTCQB: EVIO) is on a growth trajectory that is bounded only by the growth limits of the blossoming cannabis industry itself. In other words, things are looking good for EVIO.
Cannabis testing services like those offered by EVIO currently comprise about five percent of the total marijuana market, which is projected to reach $31.4 billion globally by 2021 (http://cnw.fm/h3TzX). Ancillary services to the cannabis market make an attractive investment opportunity that is considered more reliable in many ways than investing in the plant directly. EVIO’s offerings further add the inducement that cannabis testing is mandatory and will continue to be so, making this particular segment…
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