NetworkNewsBreaks – EVIO, Inc. (EVIO) Posts Fiscal Q2 2018 Financial Results

EVIO, Inc. (OTCQB: EVIO), a leading provider of cannabis testing and scientific research for the regulated cannabis industry, this morning announced financial and operating results for the quarter and six months ended March 31, 2018. Among other highlights, the company reported revenue for the second quarter of $732,311, a decrease of $56,415 or 12.1% from the second quarter last year. Revenue from the six months ending March 31, 2018, however, was $1,679,176, an increase of $177,997 or 11.9% from the same period in 2017. “EVIO’s second quarter focused greatly on broadening the company’s portfolio. With our recent private placement of $5.973 million, we expanded the company’s footprint by acquiring additional labs, namely in California, a market that we have identified as having unparalleled potential,” EVIO CEO William Waldrop stated in the news release. “We expect the state of California to enforce mandated compliance testing by July 1, 2018. With operational facilities in both Humboldt and Berkeley and the goal of further expansion into the state, we feel like EVIO is well-positioned to meet California’s demand for cannabis testing. Another significant milestone was our entrance into the Canadian market and launched EVIO Canada with the acquisition of Keystone Labs ahead of the country’s legalization of adult recreational use this summer.”

To view the full press release, visit http://nnw.fm/7usF1

About EVIO, Inc.

EVIO Inc. is a leading provider of cannabis testing and scientific research for the regulated cannabis industry. The company’s EVIO Labs division operates coast-to-coast providing state-mandated ancillary services to ensure the safety and quality of the nation’s cannabis supply. EVIO is on track to have 18 of its state-of-the-art testing facilities by year-end 2018. For more information, visit www.EvioLabs.com

More from NetworkNewsBreaks

NetworkNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) Subsidiary Enters Manufacturing and Supply Agreement in California NetworkNewsBreaks – Marijuana Company of America, Inc. (MCOA) JV Completes Setup of 10,000 sq. ft. Greenhouse Space NetworkNewsBreaks – FANDOM SPORTS Media Corp. (CSE: FDM) (OTC: FDMSF) (FRA: TQ42) Announces Digital User Acquisition Initiatives

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

More News From The Buzz Reporters

Opera mezzo sees softer side of Dalila in 'Samson et Dalila'

Oct 16, 2018

NEW YORK — For Elina Garanca, there's a clue nestled in the score of Camille Saint-Saens' opera "Samson et Dalila" that suggests the pagan beauty has genuine feelings for the hero she has vowed to destroy. "It's just two pages, the passage right before her big aria, 'Mon coeur,' when she asks him to remember those old days when they were just two lovers sitting in front of each other," said Garanca, who is starring in a new production at the Metropolitan Opera. "The music becomes so innocent and pure and transparently light," the Latvian mezzo-soprano said in an interview....

2020 Democrats building ties to power brokers in key states

Oct 16, 2018

CONCORD, N.H. — Before he cut the $100,000 checks, Los Angeles Mayor Eric Garcetti brought the Democratic Party chairmen from Iowa, New Hampshire, South Carolina and Nevada backstage to meet late night television host Jimmy Kimmel and superstar hip-hop producer DJ Khaled. Garcetti may not be the best-known 2020 presidential prospect, but he will not be forgotten by those who lead Democratic politics in the states most responsible for picking the party's next presidential nominee. After the star-studded California fundraiser late last month that featured 10 state-party chairmen, followed by a private dinner, Garcetti issued $100,000 checks to each of...

Judge tosses Stormy Daniels' defamation suit against Trump

Oct 16, 2018

WASHINGTON — A federal judge dismissed Stormy Daniels' defamation lawsuit against President Donald Trump on Monday, saying the president made a "hyperbolic statement" against a political adversary when he tweeted about a composite sketch the porn actress' lawyer released. Daniels, whose real name is Stephanie Clifford, sued Trump in April after he said a composite sketch of a man she said threatened her in 2011 to keep quiet about an alleged affair with the real estate mogul was a "con job." Trump tweeted that the man was "nonexistent" and that Daniels was playing the "fake news media for fools." He...

Trump suggests 'rogue killers' murdered Saudi journalist

Oct 16, 2018

WASHINGTON — President Donald Trump suggested Monday that "rogue killers" could be responsible for the mysterious disappearance of Saudi journalist Jamal Khashoggi, an explanation offering U.S. ally Saudi Arabia a possible path out of a global diplomatic firestorm. The Saudis continued to deny they killed the writer, but there were indications the story could soon change. While Trump commented at the White House, Turkish crime scene investigators finally entered the Saudi consulate to comb the building where Khashoggi was last seen alive two weeks ago. Trump spoke after a personal 20-minute phone call with Saudi King Salman and as the...

Ann Curry to host TV show to solve medical mysteries

Oct 16, 2018

NEW YORK — Ann Curry is getting into the business of medical crowdsourcing on television. The former "Today" show anchor has agreed to anchor a Turner series that describes people with mysterious medical ailments, in the hope of reaching doctors or patients who have seen something similar and gotten help. Curry said Monday that she hoped real good can come from the series, tentatively titled "M.D. Live." TNT will air 10 episodes of the series sometime next year, each of them two hours.

Sign up now!