- Over
7,500 people expected to attend Cannabis Business Summit & Expo
- More
than 85 percent of attendees to have decision-making or purchasing
authority
- EVIO
Colorado licensee gets ISO approval for pesticide testing
- Cannabis
testing market to hit $1.4 billion by 2021
EVIO Inc. (OTCQB: EVIO), an accredited and established
leader in cannabis testing, is set to exhibit at one of the nation’s foremost
cannabis trade shows. EVIO will have booth #1113 at the National Cannabis
Industry Association’s (NCIA) 5th Annual Cannabis Business Summit & Expo
coming to San Jose, California, on July 25-27 (http://ibn.fm/9ySuM).
Over 7,500 attendees are expected at the event, which will
bring together policymakers and key actors in the cannabis industry. Conference
organizers estimate that over 85 percent of the attendees will have either
decision-making or purchasing authority, making it a prime networking and
deal-making opportunity.
“California’s heightened cannabis testing standards which went
into effect on July 1, have brought cannabis testing and consumer safety to the
forefront of the conversation. We are looking forward to connecting with NCIA
attendees to discuss the new regulations and answer any questions regarding the
testing space,” Al Lustig, president of EVIO Labs, stated in a news release.
Lustig added that both EVIO and the cannabis testing space are growing at a
rapid pace, “and the momentum will continue as more states and countries’
recreational programs come online.”
Confirming this increased growth and capacity, EVIO has also
announced that one of its licensees has been certified to test cannabis
products for pesticides (http://ibn.fm/Fo5LY).
PhytaTech CO has been awarded ISO 17025 Certification for Pesticide Analysis in
the State of Colorado. This the highest international standard for a
laboratory’s competence and quality. The certification assures customers,
public officials and accreditation bodies that tests are performed with
impartiality and consistency.
“While pesticide testing is not state-mandated, we predict
that it will be in the following months as the focus continues towards consumer
safety and ensuring that products are clean and of the highest quality,” said
Stephen Goldman, laboratory director of PhytaTech. “Pesticide residues are an
extremely important public safety issue and something that has been plaguing
the industry for years. EVIO remains committed to upholding the highest
standards of the testing process and instilling consumer confidence in this
expanding industry.”
Denver-based PhytaTech has been operating since 2014 and
entered a licensing agreement with EVIO in 2017. The agreement allows PhytaTech
to use EVIO’s testing methods. PhytaTech works with licensed producers in
Colorado’s cannabis industry. It carries out potency analysis and tests
products for contaminants, aiming to work at a 48-hour turnaround time.
The cannabis testing market is expected to reach $1.4
billion by 2021 (http://ibn.fm/84q47).
More and more states are legalizing marijuana for medical and recreational use,
and these new laws are often coupled with mandated testing. With nine testing
labs in California, Florida, Oregon, Massachusetts and Colorado, and plans to
double this number by the end of the year, EVIO is set to capitalize on
mandatory testing to further support its growth. The company offers a wide
range of screening and analysis services to the regulated cannabis industry, as
well as research and development for new cannabis products, and consultancy to
cannabis growers and producers to meet quality goals, optimize manufacturing
processes and achieve regulatory compliance.
For more information, visit the company’s website at www.EVIOLabs.com
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www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
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