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EVIO Inc. Enters into Binding Agreement with MRX Labs to Expand Market Share Dominance in Oregon
EVIO Inc. Enters into Binding Agreement with MRX Labs to Expand Market Share Dominance in Oregon.
About this update from Evio, Inc.
[{"type":"text","content":"\n\n\n\nEVIO Inc. Enters into Binding Agreement with MRX Labs to Expand Market Share Dominance in Oregon\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. Enters into Binding Agreement with MRX Labs to Expand Market Share Dominance in Oregon\nPR Newswire\nBEND, Ore., June 28, 2018\n\n\n\nMRX Xtractors and EVIO Labs Team Up to Form Strategic Alliance\n\n\n\nBEND, Ore., June 28, 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, is pleased to announce that it has entered into an asset purchase agreement with MRX Labs, LLC, an Oregon-based, award-winning testing lab. The Company has also formed a strategic alliance with MRX Xtractors, leveraging the two leading companies' respective strengths, to develop and expand growth in existing and new markets.\n\n\n \n \n\n \nMRX Labs, LLC has a state-of-the-art testing facility and is highly respected for its excellent customer service and efficiency. As part of the acquisition, EVIO Labs Portland will relocate to the former MRX Labs 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 excited about the opportunity to further expand our reach and solidify our position as the dominant testing lab in Oregon,\" said William Waldrop, CEO of EVIO. \"As the Oregon market matures, there is a consolidation of the marketplace occurring, and this alliance is a win-win for both of our companies and our customers.\"\n\nMRX Labs, LLC and MRX Xtractors, founded by Paul Tomaso, CEO and CTO, and Jonah Barber, President, have been research and development, design and engineering pioneers in both analytical testing and extraction technologies. \"This relationship with EVIO affords MRX Xtractors an opportunity for us to focus on the global expansion of our extraction technologies, and to unite our testing lab with a company of scientist...