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Company Description

Contact Info

2340 West Horizon Ridge Parkway

Suite 120

Henderson, NV 89052

United States

Phone: 702-748-9944

Fax:

EVIO, Inc. provides analytical testing and advisory services to the legalized cannabis industry. EVIO Labs: EVIO Labs is the wholly owned analytical laboratory division of the company. EVIO Labs consists of six companies, such as CR Labs, Inc., doing business as EVIO Labs Bend; EVIO Labs Eugene LLC; Smith Scientific Industries, Inc., doing business as EVIO Labs Medford; Greenhaus Analytical Services LLC, doing business as EVIO Labs Portland; EVIO California; and Viridis Analytics MA, doing business as EVIO Labs MA all of which provide compliance testing services. Tests include identification of compounds and contaminants, including cannabinoid potency and terpene profiling, as well as screening for residual solvents, pesticides, and hazardous microbiological growth of cannabis products. Significant Events In April 2018, EVIO, Inc. announced the establishment of a new and wholly-owned subsidiary, EVIO Canada, which would serve as the parent company for the company’s Canadian operations. In July 2018, EVIO Inc. announced that it has expanded its footprint in California by signing a 5-year lease agreement for a 7,370 square foot facility in Palm Desert, Calif. The new facility would offer compliance testing services in addition to research and development into new cannabis products. In September 2018, EVIO Inc. announced that its Massachusetts lab has engaged in a Community Host agreement with the City of Framingham to proceed with licensing as an independent testing laboratory under the commission's recently adopted adult use regulations. History The company was formerly known as Signal Bay, Inc. and changed its name to EVIO, Inc. in 2017.

 

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Price/Sales 2.8x
Price/Book 2.1x
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TEV/Sales 0.5x
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