Signal Bays EVIO Labs Ready to Handle Influx of New Business as
a Result of Accreditation
Bend, OR -- September 23, 2016 -- InvestorsHub NewsWire --
Signal Bay, Inc. (OTC
PINK: SGBY) a leading provider of cannabis consulting,
operations, and laboratory services announced today that they are
prepared and expecting a sizable influx of new business accounts as
a result of the small number of labs that have been able to meet
all of the accreditation requirements required for the state of
Oregon.
CEO William Waldrop stated, Weve seen multiple articles and
editorials suggesting that a backlog of accreditation applications
could cause some disruption in the cannabis market across the
state. Overall, the cannabis testing market may experience some
shortcomings, but EVIO Labs is fully prepared to take on the work.
Weve already seen a significant uptick in new business. As one of
the few accredited options for testing at this point, we want to
assure cannabis operators across the state that we are staffed and
ready to handle any and all new business that comes our way over
the next few months. For example, we are already preparing for fall
harvest by working with large outdoor growers to coordinate testing
with clients harvest schedules.
Mr. Waldrop also said, We have streamlined our operations across
the company in a way that will ensure consistency and efficiency
allowing us to meet demand. Our team is passionate about what we do
and is committed to ensure we leverage this critical stage of our
companys growth trajectory. We feel strongly that in the future,
well look back at the fourth quarter of 2016 as a point where we
grew significantly because we planned ahead, were well prepared and
worked overtime to ensure our clients received exceptional
service.
Signal Bay 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 continues across the country, demand for reliable
cannabis testing facilities is increasing.
Mr. Waldrop went on to say, Opportunities to operate in a
constrained market dont come around often. Early accreditation
approval gives us a chance to shine and gain notoriety from a whole
new client base. Its a very exciting time for our company. Once we
formally close on our Portland location, that will give us even
more of an opportunity to build our business at an accelerated
pace.
About Signal Bay, Inc.: Signal Bay, Inc., through its
subsidiaries Signal Bay Research, Signal Bay Services and EVIO
Labs, provides advisory services, operational management and
analytical testing services to the legal cannabis industry. Learn
more at www.SignalBay.com or the company can be reached
directly @ 1-888-544-EVIO.
This news release contains "forward-looking statements" as that
term is defined in Section 27(a) of the Securities Act of 1933, as
amended, and Section 21(e) of the Securities Exchange Act of 1934,
as amended. Statements may contain certain forward-looking
statements pertaining to future anticipated or projected plans,
performance and developments, as well as other statements relating
to future operations and results. Any statements in this press
release that are not statements of historical fact may be
considered to be forward-looking statements. Words such as "may,"
"will," "expect," "believe," "anticipate," "estimate," "intends,"
"goal," "objective," "seek," "attempt," or variations of these or
similar words, identify forward-looking statements. These
forward-looking statements by their nature are estimates of future
results only and involve substantial risks and uncertainties,
including but not limited to risks associated with the uncertainty
of future financial results, additional financing requirements,
development of new products, our ability to complete our product
testing and launch our product commercially, the acceptance of our
product in the marketplace, the uncertainty of the laws and
regulations relating to cannabis, the impact of competitive
products or pricing, technological changes, the effect of economic
conditions and other uncertainties detailed from time to time in
our reports filed with the Securities and Exchange Commission,
available at www.sec.gov or https://signalbay.com/investors.
Investor Contact:
William Waldrop, CEO
william@signalbay.com
(541) 633-4568