EVIO, Inc. (EVIO) Prepares for New Cannabis Testing Rules in California Ahead of January Recreational Legalization

EVIO, Inc. (EVIO) Prepares for New Cannabis Testing Rules in California Ahead of January Recreational Legalization
EVIO, Inc. (EVIO) Prepares for New Cannabis Testing Rules in California Ahead of January Recreational Legalization
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  • EVIO maintains cannabis labs in five states, and it plans to have 18 labs by the end of 2018 that provide testing to ensure the quality and safety of the cannabis supply
  • The company’s goal is to become the industry’s largest cannabis testing company, says CEO
  • Serving the legalized cannabis industry, EVIO sees California becoming the biggest marketplace globally. Estimates are that the cannabis market there could reach $4-$7 billion annually

EVIO, Inc. (OTCQB: EVIO) is readying itself for new testing rules in California, which it foresees as the largest cannabis marketplace in the world (http://cnw.fm/k6nwT). Its labs in that state will analyze newly legalized recreational marijuana in January 2018. Its Yuba City, California lab is already testing cannabis under current rules, but they are expecting all new and more stringent requirements come January.

EVIO already has labs in five states and is planning to have 18 by the end of 2018. The publicly-traded Oregon-based company now has labs in Massachusetts, Florida, Oregon, Colorado, and California. EVIO serves the cannabis industry by testing for pesticides, solvents, micro-biological contaminants, heavy metals, and cannabinoids. It also provides the industry with advisory services including in the areas of compliance and product development.

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