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

New Thai government may be unstable, short-lived

Mar 23, 2019

BANGKOK — Thailand's election Sunday is likely to produce a weak unstable government whether it's a civilian or military-backed party that cobbles together a coalition, setting off a new phase of uncertainty in a country that's a U.S. ally in Southeast Asia and one of the world's top tourist destinations. The election is Thailand's first since its military seized power from an elected government in May 2014. It was the conservative establishment's third major attempt by either military or legal coup to eradicate the influence of Thaksin Shinawatra, a tycoon who made his fortune in telecommunication and upended Thailand's politics...

Cable viewers digest Mueller news through Hannity, Maddow

Mar 23, 2019

NEW YORK — For Sean Hannity, the "witch hunt" was finally over. Rachel Maddow considered it the start of something. The diametrically opposed opinion hosts, who vie for the distinction of the most popular in cable news, were the windows through which many Americans digested Friday's news that special counsel Robert Mueller had concluded a nearly two-year investigation into Russian involvement in the 2016 election. While his report, or even a summary, has not been released, television news still had hours to fill talking about it. Fox News Channel's Hannity, a close Trump ally, focused on reports there will be...

Mueller revealed his Trump-Russia story in plain view

Mar 23, 2019

WASHINGTON — Donald Trump was in full deflection mode. The Democrats had blamed Russia for the hacking and release of damaging material on his presidential opponent, Hillary Clinton. Trump wasn't buying it. But on July 27, 2016, midway through a news conference in Florida, Trump decided to entertain the thought for a moment. "Russia, if you're listening," said Trump, looking directly into a television camera, "I hope you're able to find the 30,000 emails that are missing" — messages Clinton was reported to have deleted from her private email server. Actually, Russia was doing more than listening: It had been...

R Kelly defense emerges, including saying accusers are lying

Mar 23, 2019

CHICAGO — R. Kelly yelled through tears in a recent TV interview before an audience numbering in the millions, saying he's in a fight for his life to disprove sexual abuse charges. That fight will ultimately be waged in court, with the only audience that matters numbering just 12 jurors. While the day lawyers deliver opening statements to jurors inside a Cook County courtroom is still many months or even years away, court filings as well as comments by the R&B star himself and his attorney after charges in February provide clues about an emerging legal strategy. Signs are they...

New Jersey sues California company over 'ghost guns'

Mar 23, 2019

NEWARK, N.J. — New Jersey's attorney general announced a lawsuit Friday against a California company that sells mail-order firearms parts that can be turned into working weapons, the first such action the state has taken since it banned so-called ghost guns last year. The lawsuit filed Thursday alleges that Apple Valley-based U.S. Patriot Armory and owner-founder James Tromblee Jr. violated New Jersey's consumer fraud laws when it advertised and sold gun parts to an undercover investigator last month. The company was sent a letter in December asking it to "stop advertising, offering for sale, and/or selling 'ghost guns' and 'ghost...

About Us

Buzzing Globe explores the numerous events which causes a “buzz” to the everyday individual and to shed light onto these events.

Contact us: sales[at]buzzingglobe.com

Subscribe Now!