Posted On: 12/27/2016 7:13:53 AM
Post# of 355
"Signal Bay believes that 2017 will be a breakout year and the company will continue to accelerate for the forseeable future."
"Signal Bay, Inc., market leader in cannabis quality control testing and laboratory services announced today that the company achieved record sales growth for the second month in a row . November revenues exceeded the record setting cash flow announced last in October by over 50%. Signal Bay believes that 2017 will be a breakout year and the company will continue to accelerate for the forseeable future.
Through its three subsidiaries: EVIO Labs, Signal Bay Research and Signal Bay Services; the Company provides research, consulting services, and analytical testing services to the legal cannabis industry. The Company's EVIO Labs division operates state-of-the-art testing facilities and offers accredited testing methodologies performed by a qualified team of scientists to ensure the safety and quality of the nation's cannabis supply.
As the legalization of medical and recreational marijuana sweeps across the country, demand for reliable, independent cannabis quality control testing facilities is increasing dramatically nationwide.
Signal Bay is currently the dominant player in the Oregon cannabis testing market and expanded its standard-setting EVIO Labs into California, a $300 million cannabis testing market that is largely unserved. Signal Bay plans to acquire and operate 18 EVIO Labs in California by the end of 2018. By 2020, the Company plans to operate 30 EVIO labs generating over $45 million in annual revenues."
http://www.prnewswire.com/news-releases/signa...11236.html
"Signal Bay, Inc., market leader in cannabis quality control testing and laboratory services announced today that the company achieved record sales growth for the second month in a row . November revenues exceeded the record setting cash flow announced last in October by over 50%. Signal Bay believes that 2017 will be a breakout year and the company will continue to accelerate for the forseeable future.
Through its three subsidiaries: EVIO Labs, Signal Bay Research and Signal Bay Services; the Company provides research, consulting services, and analytical testing services to the legal cannabis industry. The Company's EVIO Labs division operates state-of-the-art testing facilities and offers accredited testing methodologies performed by a qualified team of scientists to ensure the safety and quality of the nation's cannabis supply.
As the legalization of medical and recreational marijuana sweeps across the country, demand for reliable, independent cannabis quality control testing facilities is increasing dramatically nationwide.
Signal Bay is currently the dominant player in the Oregon cannabis testing market and expanded its standard-setting EVIO Labs into California, a $300 million cannabis testing market that is largely unserved. Signal Bay plans to acquire and operate 18 EVIO Labs in California by the end of 2018. By 2020, the Company plans to operate 30 EVIO labs generating over $45 million in annual revenues."
http://www.prnewswire.com/news-releases/signa...11236.html
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