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Tuesday, September 26, 2017 10:29:34 PM
...the company reported 1.5 million dollars in revenue in their Q1 2017 financials for last year’s harvest season from four analytical laboratories testing cannabis samples in Oregon.
In the past 12 months, the company has added operating $EVIO Labs in Sacramento, California, serving the world famous Humboldt County area, Denver, Colorado, and Southborough, Massachusetts to their portfolio; additionally, the company and has two EVIO Labs currently working through the respective accreditation processes in Fort Lauderdale, Florida and Costa Mesa, California.
It is important to note that many financial analysts and investors agree that EVIO Inc. is not really defined as a “pure cannabis play” by definition, in the parlance of investment bankers and attorneys, since they “don’t touch the leaf.”
They can easily be identified as an analytical lab testing company that specializes in cannabis – which means that we might well be looking at the very first company testing cannabis trading on the NASDAQ or NYSE sooner than you can imagine.
$EVIO CEO Will Waldrop has indicated in their recent press conversation that funding opportunities are opening up with partners who have an aligned vision of the company’s future in launching new testing laboratories in what will be the single largest retail cannabis market on earth in California in 2018, as well as bio-tech IP opportunities contained in the mountain of data and science that over 50,000 tests performed by the company in the past two years have delivered.
The annual fall cannabis harvest is underway and the company’s financials should reflect that green rush in January 2018, which means it might be a good time for a savvy investor to take a closer look at EVIO and its potential for profit in your portfolio.
https://technical420.com/cannabis-article/fall-harvest-means-cannabis-testing-laboratories-running-full-capacity
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