EVIO Inc (EVIO)

[bybtrader]

MC Comparison: SGBY vs. CANL

CANL is an MJ testing lab company, similar to SGBY. Well, not very similar. CANL has delinquent SEC reporting on OTC-Pink. It shut down its labs in Denver and laid off all 15 employees. Plus the lab was inspected three times and was cited for 44 violation before closing. CANL probably does not have an operating lab, it does not even have a website :)

Yes, it does have a much lower float than SGBY but its MC is over $60 million. UNBELIEVABLE!

So whoever thinks that SGBY with 4 of the 10 accredited and licensed labs in OR, and planning to further grow into CA deserves a MC of $10 million is delusional IMO.

SGBY well worth over $50 million even without the Portland and CA expansions.