Can we confirm that the following is the correct status for each EVIO lab? How many employees do we estimate work at each lab?
-- currently open --
Berkeley, CA:
- ownership: 100%
- testing license: active
- employees: ?
- status: conducting business
Humboldt, CA:
- ownership: 100%
- testing license: active
- employees: ?
- status: conducting business
Medford, OR:
- ownership: 100%
- testing license: active
- employees: ?
- status: conducting business
Portland (Tigard), OR:
- ownership: 100%
- testing license: at risk
-- proposed 32-day suspension by OLCC
- employees: ?
- status: conducting business
Edmonton, AB (CAN):
- ownership: 50%
-- what are the terms of the Keystone agreement?
- testing license: active
- employees: ?
- status: conducting business
Denver, CO:
- ownership: licensee (Kaycha)
- testing license: active
- employees: ?
- status: conducting business
- licensing terms:
-- 10 year agreement
-- $550k paid
-- $750k receivable
-- 3% of revenue or $7.5k/mo (whichever is greater)
Davie, FL:
- ownership: licensee (Kaycha)
- testing license: active
- employees: ?
- status: conducting business
- licensing terms:
-- 10 year agreement
-- 3% of revenue or $7.5k/mo (whichever is greater)
Gainesville, FL:
- ownership: licensee (Kaycha)
- testing license: active
- employees:
- status: conducting business
- licensing terms:
-- 10 year agreement
-- 3% of revenue or $7.5k/mo (whichever is greater)
--------------------
--- not yet open ---
Framingham, MA:
- ownership: 100%
- opening: summer 2019
Palm Desert, CA:
- ownership: 100%
- opening: late 2019
Costa Mesa, CA:
- ownership: licensee (Gexin)
- opening: late 2019
- licensing terms: [see 8-K dated 5/1/2018]
-- 5 year agreement
-- $50k paid
-- $450k receivable by 5/1/2020
-- 5% of revenue beginning 5/1/2020
[TBA], NY:
- ownership: licensee (Kaycha)
- opening: on or before 11/20/2020
- licensing terms: [see 8-K dated 5/20/2018]
-- 10 year agreement
-- 3% of revenue or $7.5k/mo (whichever is greater)
[TBA], AZ:
- ownership: licensee (Kaycha)
- opening: on or before 8/1/2022
- licensing terms: [see 8-K dated 5/20/2018]
-- 10 year agreement
-- 3% of revenue or $7.5k/mo (whichever is greater)
--------------------
------ closed ------
Bend, OR:
- ownership: 100%
- testing license: surrendered 1/17/19
- employees: 4-5 (2 at time of closure)
Eugene, OR:
- ownership: 100%
- testing license: surrendered 1/17/19
--------------------
