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

Yosemite reopens to visitors with smoky air, limited lodging

Aug 17, 2018

Hikers and nature lovers returned to Yosemite National Park's scenic valley Tuesday after a rare 20-day closure because of smoke from wildfires. Some said they didn't mind the hazy air that obscured scenic vistas; others came prepared with eye drops and face masks. Park officials also advised visitors to expect limited lodging and food services at Yosemite, one of the busiest national parks in the U.S., as it gets back to full speed following the longest closure in decades. In Montana, hundreds of people were hastily evacuated from Glacier National Park where a wildfire destroyed at least nine homes and...

Lebanon's mountains offer cool refuge from Mideast heat

Aug 17, 2018

FARAYA, Lebanon — The passengers' chatter on the Beirut-bound flight was far from reassuring. Taxi drivers were striking. Traffic was going to be bad. Add the heat and suffocating humidity of a typical summer day and you're hit with a powerful urge to get out of town. The mountains? Absolutely. Whether during war or peace, Lebanon's high mountain ranges have long been a favorite refuge for Lebanese living in cities, towns and villages along the Mediterranean coastline. "If anything happens here (in the mountains) now, then it's probably the end of the world," said 24-year-old old hotelier Elyse Salamah. Just...

Museum of London displays fatberg on 24-hour livestream

Aug 17, 2018

LONDON — London's famous, festering fatberg lives on — and is getting its own livestream . The Museum of London says a chunk of oil, fat, diapers and baby wipes blasted out of a sewer last year is now part of its permanent collection. The museum said Tuesday that the "highly toxic" lump will be stored in a secure case and displayed online via a "fatcam" so that viewers can watch its changes. The fatberg was on display at the museum for several months this year, nestled inside transparent boxes to protect visitors from potentially deadly bacteria and the noxious...

Cooperstown stirs emotions for dad of young baseball player

Aug 17, 2018

COOPERSTOWN, N.Y. — Two places have triggered tears of joy in my life: The Vatican and Cooperstown. I wasn't surprised when it happened in my mother's homeland while kneeling and praying in St. Peters as the nephew of a Roman Catholic priest and the great nephew of a Dominican nun. Even though I'm an emotional Italian-American, I did not expect to have my emotions tugged as they were last month in upstate New York. With my wife, our son, daughter and her friend, we broke up a nine-hour drive from Ann Arbor, Michigan, to Cooperstown into a two-day trip. We...

Baseball with signatures of 11 greats fetches $623,369

Aug 17, 2018

LOS ANGELES — How could a baseball artifact possibly top a ball signed by both Babe Ruth and Lou Gehrig? How about a ball signed by Babe Ruth, Honus Wagner, Ty Cobb, Cy Young, Tris Speaker, George Sisler, Walter Johnson, Connie Mack, Nap Lajoie, Eddie Collins and Pete Alexander, on the day they all entered the Baseball Hall of Fame? Such a ball just sold for $623,369, SCP auctions said Monday. That crushes the record of $345,000 for a signed baseball, set in 2013 for a Ruth-Gehrig ball. The seller was not identified, and the winner who outbid 28 other...

Search

Welcome to The Zig Zag World. This travel blog will help you to make the most out of your travel time with interesting destination guides. Our paths will definitely cross some day as we zigzag around the world.

Contact us: sales@thezigzagworld.com