- EVIO is the leading cannabis analytical testing company in the United States
- Acquisition of Leaf Detective provides a significant increase to EVIO’s testing capacity
On April 30, 2018, EVIO Inc. (OTCQB: EVIO) announced that it had executed an asset purchase agreement to acquire 100 percent of Leaf Detective, LLC, a California-based testing laboratory (http://nnw.fm/2TGoF). EVIO is the leading provider of cannabis testing and scientific research for the regulated cannabis industry. This strategic acquisition aligns with the company’s efforts to expand its analytical testing services to meet the increasing demand for these services in the state of California.
In terms of the agreement, EVIO will form a new entity, EVIO Labs Humboldt, to purchase all of Leaf Detective’s business assets for a total consideration of…
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