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EVIO Inc. Closes Acquisition with MRX Labs, LLC

EVIO Inc. Closes Acquisition with MRX Labs, LLC.

articleEvio, Inc.July 11, 20185/company/evio-inc/news/evio-inc-closes-acquisition-with-mrx-labs-llc
EVIO Inc. Closes Acquisition with MRX Labs, LLC

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[{"type":"text","content":"\n\n\n\nEVIO Inc. Closes Acquisition with MRX Labs, LLC\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nEVIO Inc. Closes Acquisition with MRX Labs, LLC\nPR Newswire\nBEND, Ore., July 11, 2018\n\n\n\nBEND, Ore., July 11, 2018 /PRNewswire/ -- EVIO Inc. (\"EVIO\" or the \"Company\"), (OTCQB: EVIO), a leading provider of cannabis testing and scientific research for the regulated cannabis industry in North America, announced today that it has completed its previously announced acquisition with MRX Labs, LLC, an Oregon-based, award-winning testing lab.\n\n\n \n \n\n \nEVIO acquired 100% of the assets of MRX Labs, LLC including equipment, real estate, customer lists, customer contracts, rental agreements, and equipment leases.  EVIO Labs Portland will relocate its personnel and license to the former MRX Labs Tigard location, and the new lab will operate as EVIO Labs Portland. This move will provide EVIO additional operational capacity, as well as an extensive book of business that extends across the state. \n\n\"We are happy to have completed this transaction and add MRX Labs to our portfolio,\" said William Waldrop, CEO of EVIO. \"MRX Labs is well known for outstanding client care and service, and we want their clients to know that we are extremely focused on making the transition as smooth and seamless as possible.  We will be able to provide all the same services clients receive today while also being better operationally equipped to provide all the state-mandated tests in-house and service all our clients in Oregon.\"\n\nAbout 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.  The Company's EVIO Biosciences Division is dedicated to the scientific, medical, and psychosocial exploration of clinical cannabis, cannabinoids, and the endocannabinoid system.\n\nFor more information, visit www.eviolabs.com.\n\nAbout MRX Labs MRX La...

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