EVIO Inc (EVIO)

[TMEvans]

I've been led to believe that pesticide testing costs in Canada will run from around $400 to $600 per test. For a full battery of tests (beyond pesticides, which are not yet mandated), it would run upwards of $1,000+. Regulations will mandate that every 8kg of production (flower) be tested for pesticides. Somewhere I saw an estimate of up to $250 million in potential testing revenue for pesticides alone for the whole Canadian market. I think there may be around a dozen qualified independent labs in Canada? Of which Evio's Keystone Labs is one... can they get 5% to 10% of the market? I dunno, but even 2% is $5 million a year.

They could do a better job communicating this stuff...