EVIO, Inc. (EVIO) Revenues Projected to Reach $10 Million in FY2019 Following Debut of EVIO Canada Subsidiary

April 27, 2018 11:52:58
  • Research firm Singular Research projects growth for EVIO, analyzing company’s aggressive expansion and noting performance of legal cannabis industry as tailwind
  • Newly launched Canadian subsidiary EVIO Canada signs binding agreement to acquire 50 percent of Edmonton, Alberta-based Keystone Labs, Inc.
  • EVIO Labs provides testing and scientific research for the regulated cannabis industry

EVIO, Inc. (OTCQB: EVIO) has launched a new wholly owned Canadian subsidiary, EVIO Canada, which concurrently signed a binding agreement to acquire 50 percent of Keystone Labs, Inc., a licensed testing facility for medical cannabis based in Edmonton, Alberta (http://nnw.fm/bMdA5). Both the EVIO Labs division and Keystone Labs offer quality testing for the regulated cannabis industry.

EVIO’s aggressive expansion into new markets, and the growth of the cannabis industry, was cited by Singular Research as it projected EVIO, Inc. to reach $10 million in revenues by…

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