SGBY Completes Purchase of Portland Cannabis Testing Lab
"Portland, Oregon , Oct. 20, 2016 -- Signal Bay, Inc. the market leader in cannabis testing and laboratory services announced today the completion of the purchase of GreenHaus Analytical Labs. The Portland based lab brings the total number of laboratories now operating as part of the EVIO Labs division to four.
CEO William Waldrop stated, "Portland is by far the largest market in Oregon for analytical cannabis testing services and this latest acquisition completes our previously stated goal of building out a "spoke & hub" business model that ensures EVIO Labs can provide a full suite of testing services across the state."
Mr. Waldrop also stated, "The recent changes in Oregon’s cannabis testing requirements in the midst of the fall cannabis harvest has created an extraordinary demand for accurate and timely testing services which we can now provide with full confidence statewide. As of this acquisition, we now have 23 total employees working to meet demand."
Mr. Waldrop continued, “GreenHaus Analytical Labs is an ORELAP accredited lab licensed by the OLCC. Henry Grimmett, the founder of GreenHaus Analytical will join Signal Bay as the newly appointed President of the EVIO Labs division.
Mr. Grimmett brings a wealth of experience to Signal Bay including years of outdoor cultivation experience in Humboldt County, California and extensive study and research of plant physiology and plant bio-chemistry at San Diego State University.”
Mr. Waldrop also stated, "The GreenHaus team is a welcome addition to Signal Bay. Henry’s appointment brings proven leadership, expertise, and a wealth of contacts to our EVIO Labs division that will guarantee operational success as we expand our lab division from Oregon into California and across the country. We will have more information on our recently announced California acquisition soon.”
