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[kairos]

SGBY News .0032

Signal Bay Provides Updated Market Evaluation

Bend, OR July 28, 2016 Signal Bay, Inc. (OTC PINK: SGBY) a leading provider of cannabis consulting, operations, and laboratory services announced today an updated and extensive market evaluation for the state of Oregon and additional thoughts on the Northern California cannabis market.

CEO William Waldrop stated, As fast as the cannabis market moves and evolves, we want to always have a clear picture of our companys revenue potential. With that in mind, we have conducted an extensive review of the cannabis market in the state of Oregon and the results are extremely favorable. Wed like to share with you a summary of the results.

Mr. Waldrop said, With our move into the Portland market, realistically we can now serve 95% of the states 4 million residents. Currently there are over 400 dispensaries in the state, with 155 of those in Portland alone. There are also over 26,000 registered medical growers in the state who serve over 66,000 patients. As of today, there are over 1,000 pending applications on file with the state of Oregon for recreational retailers, processors and producers combined. Nearly half of those applications were submitted for the greater Portland area and heres the most favorable stat of all: Anyone who wishes to sell marijuana, whether medical or recreational will need to have every batch tested by an authorized laboratory beginning October 1st. With our current infrastructure, we are aggressively pursuing a considerable percentage of the Oregon market share.

Signal Bay operates state-of-the-art testing facilities and offers reliable testing methodologies that ensure the safety and potency of the nations cannabis supply. As the legalization of medical and recreational marijuana continues across the country, demand for reliable cannabis testing facilities is increasing.

Mr. Waldrop also stated, We always want to have one eye on current operations and the other on potential expansion and that leads us to our current thoughts on the Northern California cannabis market. This particular area of the state is the fastest growing market in the cannabis industry. Geographically, Northern California and Humboldt County in particular are fertile ground so to speak for future expansion. We will be looking closely at our options in that market as well over the coming months.

Mr. Waldrop finished up with a statement to shareholders. We have submitted our current share count to OTCMarkets.com and would recommend that all current and interested shareholders review the latest share structure at the link below. We have more exciting news on the horizon and we look forward to sharing with you via a series of upcoming press releases.

http://www.otcmarkets.com/stock/SGBY/profile


About Signal Bay, Inc.: Signal Bay, Inc., through its subsidiaries Signal Bay Research, Signal Bay Services and EVIO Labs, provides advisory services, operational management and analytical testing services to the legal cannabis industry. Learn more at SignalBay.com or the company can be reached directly @ 1-888-544-EVIO.

Notice Regarding Forward-Looking Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.

Contact:

William Waldrop

[e-mail]

[phone]