EVIO, Inc. (OTCQB: EVIO), a leading provider of cannabis analytical testing services, this morning announced that it has expanded testing capabilities at its Yuba City laboratory in Northern California. The expansion comes in anticipation of California’s new 2018 testing rules and includes a full suite of testing services, such as pesticide, microbiological and expanded cannabinoid potency testing. “We are getting feedback directly from clients on the ground in California that is similar to what we experienced in Oregon back in 2015 when we opened our first lab in Oregon a full year before the official rollout of their testing requirements,” William Waldrop, CEO of EVIO, stated in the news release. “We anticipate California will play out in a very similar fashion, albeit on a much grander and profitable scale, as California is projected to be largest retail cannabis marketplace on earth. California’s cannabis market is forecasted to have at least 10 times market opportunity for analytical testing revenues over Oregon where EVIO currently tests close to 25% of all cannabis products on the shelves for sale in the state.”
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