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 weeklyfame.com

Las Vegas strike would have far-reaching effect

May 24, 2018

LAS VEGAS — What happens in Las Vegas could have a ripple effect across the country if 50,000 casino-hotel workers employed at more than 30 of the city's world-famous resorts go on strike at any time starting next week. If members of the union that includes hotel and food workers don't show up to work, it could cost the destination millions and lead to travel woes for anyone taking a vacation or business trip to Sin City. It could also send casinos looking for temporary workers amid low unemployment rates. Analysts declined Wednesday to weigh in on the financial impact...

The Latest: Las Vegas casino strike would have ripple effect

May 24, 2018

LAS VEGAS — The Latest on the contract negotiations between Las Vegas casino workers and businesses (all times local): 5 p.m. What happens in Las Vegas could have a ripple effect across the country if 50,000 casino-hotel workers go on strike at any time starting June 1. A potential strike of members of the Culinary Union could cost the destination millions and lead to travel woes for anyone taking a vacation or business trip to Sin City. It could also send casinos looking for temporary workers. Twenty-five thousand unionized casino-hotel workers on Tuesday cast ballots to authorize a strike since...

Planning a Disney trip? Disney Parks Moms Panel can help

May 24, 2018

If you're contemplating a trip to a Disney park, you may be stressing out about the planning. How far in advance should you book? How does the FastPass work? Are restaurant reservations really necessary? A good resource for getting advice is the Disney Parks Moms Panel. The 40 panelists provide customized, free answers to questions about Disney vacations (including parks, Disney Cruise Line, Disney resorts and more). Emailed questions are answered in about a week. A member of the Disney Parks Moms Panel, Lindsey P. of Georgia, recently spoke to AP's weekly travel podcast "Get Outta Here!" (Disney identifies panelists...

Vegas casino workers OK strike that may hobble famed resorts

May 24, 2018

LAS VEGAS — Las Vegas casinos could watch tens of thousands of employees walk off the job for the first time in more than three decades after union members voted Tuesday to authorize a strike at any time starting June 1, a move that could cripple the city's world-famous resorts. About 25,000 members of the Culinary Union who work at 34 different casino-resorts across the tourist destination cast ballots in two sessions, showing the collective power of the largest labor organization in Nevada. The move hands union negotiators a huge bargaining chip as they work to solidify new five-year contracts....

Golden age of new theme park rides led by Orlando

May 24, 2018

ORLANDO, Fla. — If this is a golden age for theme parks, then nowhere are new thrills more abundant than in Orlando where the major theme park resorts have been in an arms race, opening new attractions every year recently, with even bigger blockbusters slated for next year. Theme park aficionados will have to wait until 2019 for the openings of a Star Wars land at Walt Disney World, a new Harry Potter ride at Universal Orlando Resort and a Sesame Street-themed land at SeaWorld Orlando. But theme park experts say this year's crop of lands and rides — including...

Weekly Fame seeks to provide purposeful news to help improve and be a better self through daily life, fashion, accommodations, and traveling.

Contact us: sales@weeklyfame.com